Kromek awarded security screening market contract
County Durham-based Kromek has been awarded a five-year contract, valued at a minimum of $3.1m over a five year period, by an existing US-based customer that is an emerging leader and global company in the homeland security marketplace.
Kromek has developed key components to be incorporated into the customers’ new generation security screening system for the detection of explosives. This security screening equipment has regulatory certification and provides advanced capability for screening current threats, and is ideal for the detection of homemade explosives.
Dr Arnab Basu, Chief Executive Officer of Kromek, said: “We are delighted to announce our first long-term contract in the security screening market. It is also significant because this is another OEM customer that has moved from being an R&D customer to one who is entering a commercial phase. This contract win adds to the visibility of revenues underpinning our belief in the continuing growth of the business and commercial traction resulting from the increasing adoption of our technology.”
Kromek Group plc is a UK technology Group (global HQ in County Durham) and a leading developer of high performance radiation detection products based on cadmium zinc telluride (CZT) and other advanced technologies. Using its core technology platforms, Kromek designs, develops and produces x-ray and gamma ray imaging and radiation detection products for the medical, security screening and nuclear markets.