LONDON (Alliance News) - Radiation detection technology company Kromek Group PLC on Wednesday said it had been awarded a contract extension with an unnamed existing client, worth USD957,000.
Under the contract, Kromek will supply detector modules to monitor the health and strength of bones over a 20-month period.
"We are delighted that this long-standing customer has renewed their supply contract for detectors, which further strengthens our relationship with them," said its Chief Executive Arnab Basu.
"We continue to win repeat business from existing customers and bone mineral densitometry remains a key segment offering growth opportunities over the next 12 to 18 months in addition to our three primary growth target markets," Basu added.
Kromek shares were up 0.6% to 30.70 pence on Tuesday morning.
By Hannah Boland; hannahboland@alliancenews.com; @Hannaheboland
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Kromek (KMK)