RE: Published a few hours ago12 Jun 2017 15:13
"He told the Echo: “A pipeline is one thing, but the conversion into contracts is another and that has started to happen.
“We are building up a very good list of customers who are willing to commit their medium and long-term futures with us.
“Our pipeline is extremely strong and we are working hard to bring more customers to it; we expect to see more good news coming out.”
Kromek’s £810,000 contract came after the company revealed a £21m stock market drive, which Dr Basu described as the “rocket fuel” to power fresh growth and ease some customer concerns over its balance sheet.
The placing and offer also provided hope the company can record its first profit, with earnings before interest, tax, depreciation and amortisation (EBITDA) expected to break even in the coming months.
As well as its radiation detectors, Kromek is also known for airport bottle scanners, which scour luggage for explosives, and medical equipment capable of helping diagnose brittle bones."