(Alliance News) - Kromek Group PLC on Monday said it has secured a repeat order from an unnamed US government customer that is worth USD800,000.
The Sedgefield, England-based detection technology supplier said the order is for its D3S ID wearable nuclear radiation detector. The detector is designed for first responders, armed forces, border security and other CBRN experts, Kromek noted.
"Unlike a conventional radiation isotope identifier, it is a pocket-sized device and is small and light enough to be wearable and concealable. It can recognise isotopes and neutrons in seconds and is designed to detect radiological threats like dirty bombs, radioactive contamination, smuggling of radioactive substances and radiation at the scene of an accident or terrorist attack," the company explained.
Delivery and revenue recognition from the contract is expected in Kromek's current financial year, which ends on April 30.
Chief Executive Arnab Basu said: "This repeat order affirms the importance of our nuclear radiation detection technology and the strength of our relationship with our US governmental customers. We are continuing to see heightened interest in our CBRN solutions, particularly from governments, and expect this momentum to be sustained given the ongoing challenges in the geopolitical environment."
Shares in Kromek were up 3.7% to 10.47 pence each in London on Monday afternoon.
By Sophie Rose, Alliance News reporter
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