LONDON (Alliance News) - Radiation detection technology company Kromek Group PLC on Thursday said it has secured a USD12.6 million with an existing customer.
Kromek said the five-year deal has been signed with an unnamed bone mineral density diagnostic systems provider and Kromek's technology will be incorporated into the customer's new systems.
"It is very pleasing to secure such a significant contract from a long-standing customer. It strengthens our relationship with them and further validates the benefits of our BMD diagnostic systems," said Kromek Chief Executive Arnab Basu.
Kromek shares were down 1.6% to 31.00 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Kromek (KMK)