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$260,000 Digital Aids to Navigation Order

5 Jul 2023 07:00

RNS Number : 9781E
SRT Marine Systems PLC
05 July 2023
 

 

 

SRT MARINE SYSTEMS PLC

(AIM: SRT)

("SRT" or the "Company")

 

$260,000 Digital Aids to Navigation Order

SRT Marine Systems plc ('SRT'), a global provider of maritime domain awareness systems and technologies for security, safety and environmental protection is pleased to advise that it has received a strategically notable order worth $260,000 for its Digital Aids to Navigation System (DAS) products.

The order is from a Japanese customer and will be deployed to enhance navigation safety. DAS products are digital transceivers which transmit information to vessels and navigation authorities in real time and are predominantly used to enhance navigation safety and efficiency.

Simon Tucker, CEO of SRT Marine Systems, commented:

"DAS is a division of our transceivers business which we started many years ago in order to establish first mover advantage. As shipping digitises we see significant future opportunities for our DAS."

For further information, please contact:

SRT Marine Systems plc

www.srt-marine.com 

+ 44 (0) 1761 409500

Simon Tucker (CEO)

simon.tucker@srt-marine.com

Louise Coates (Marketing Manager)

louise.coates@srt-marine.com

 

finnCap Ltd (NOMAD & Broker)

Jonny Franklin-Adams / Teddy Whiley (Corporate Finance)

+44 (0) 20 7220 0500

Tim Redfern / Charlotte Sutcliffe (ECM)

 

 

About SRT Marine Systems plc:

SRT Marine Systems PLC is an established leader in the growing global market for maritime domain awareness. We provide advanced technologies, products and systems that enhance maritime safety, security and environmental protection and sustainability. Our customers range from governments to vessel owners around the world.

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