The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Image Scan rises as it launches new x-ray system

Mon, 12th Oct 2020 14:25

(Sharecast News) - Security and industrial inspection x-ray company Image Scan announced the market launch of the 'AXIS-CXi' on Monday, which it described as a cabinet x-ray system for use in mailrooms and a range of other security screening environments.

The AIM-traded firm said the AXIS-CXi uses the dual energy xray technology deployed in airport security and in Image Scan's portable x-ray systems to separate different classes of material.

It claimed it was the first time such technology was used in a cabinet x-ray format.

In addition, the system featured a large chamber and "improved" x-ray performance, which the board said made it suitable for use beyond mailrooms.

It said potential additional opportunities included government and commercial buildings, prisons, and customs.

"With outstanding support from our staff and our partners, we have continued to drive our new product development projects forward through the Covid-19 pandemic," said chairman and chief executive officer Bill Mawer.

"It is, therefore, a moment of pride for the whole organisation to launch such an exciting new product at this time.

"The new system is important for us, expanding our sources of income and, as units are installed around the world, increasing our recurring support revenue."

At 1355 BST, shares in Image Scan were up 6.12% at 2.6p.

Related Shares

More News
30 Apr 2024 19:54

EARNINGS AND TRADING: Software Circle & Beximco report higher revenue

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reporte...

29 Apr 2024 12:38

Image Scan Holdings touts x-ray system order worth GBP300,000

(Alliance News) - Image Scan Holdings PLC on Monday celebrated an initial order of GBP300,000, given by an unspecified partner, for a new portable x-r...

29 Apr 2024 10:17

Image Scan gets first order for new ThreatScan system

(Sharecast News) - Security and industrial screening specialist Image Scan announced an initial order worth £0.3m from a partner on Monday, for t...

12 Mar 2024 11:36

IN BRIEF: Image Scan launches AI software into AXIS-CXi cabinet X-ray

Image Scan Holdings PLC - Loughborough, England-based x-ray screen system supplier - Launches advanced artificial intelligence software integrated int...

28 Feb 2024 18:13

TRADING UPDATES: AB Dynamics trades in line; Verditek sells solar arm

(Alliance News) - The following is a round-up of updates by London-listed companies, issued Wednesday and not separately reported by Alliance News:

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.