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Software Radio Technology Secures Deal For 3D Visualisation Software
LONDON (Alliance News) - Software Radio Technology said Wednesday that it had signed a licence deal for the use of its GeoVS 3D visualisation software for USD145,000.
The company said that further support license fees will be payable after the first year. It didn't name the customer. The software will be used to enhance maritime domain awareness at a commercial infrastructure installation.
"Having acquired GeoVS only three months ago, I am delighted to be announcing our first commercial deal which signals the commencement of a new income stream for SRT," said Chief Executive Officer Simon Tucker in a statement.
Shares in the maritime wireless communications company were trading down 0.50 pence at 23.50 Wednesday morning.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
Copyright © 2014 Alliance News Limited. All Rights Reserved.
Latest SRT News
- TRADING UPDATES: Barratt Redrow completes second tranche of buyback
8 May 2026 - SRT Marine Systems signs £5m one-year support contract
8 May 2026 - TRADING UPDATES: SRT Marine upsizes retail offer after strong demand
15 Apr 2026 - TRADING & EARNINGS: Block Energy inks deal with Sanning at Project III
14 Apr 2026 - TRADING UPDATES: Sunrise Resources and SRT Marine Systems raise funds
13 Apr 2026 - SRT Marine Systems hails active contract order book as profit jumps
16 Mar 2026 - EARNINGS AND TRADING: BATM swings to profit; Eco Animal in US boost
11 Mar 2026 - SRT Marine Systems signs $261m surveillance system contract
4 Mar 2026
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Srt Marine Sys. News
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(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Friday and not separately reported by Alliance ...
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(Sharecast News) - SRT Marine Systems said on Friday that it had signed a £5m one-year support contract for an existing SRT-MDA maritime surveill...
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