IN BRIEF: Spectra Systems hails additional sensor contract win

Spectra Systems Corp - Providence, Rhode Island-based company which provides technology for secure transactions from banknotes to gaming - Announces the confirmation of a second order to produce additional sensors, beyond the USD39.6 million contract announced in July 2024. The additional sensors are expected to generate revenue of USD1.4 million and will be delivered between 2026 and the second quarter of 2027. Chief Executive Nabil Lawandy states: "We are delighted to receive a second additional requirement for our sensors, reaffirming the degree to which our technology underpins security throughout our customer's organizational footprint."

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By Jeremy Cutler, Alliance News reporter

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