08:00 Wed 01 May 2019
Kromek Group PLC - Security screening contract order expansion
("Kromek" or the "Company")
Kromek receives Security Screening Contract order expansion
New order represents increase of
Kromek (AIM: KMK), a worldwide supplier of detection technology focusing on the medical, security screening and nuclear markets, is pleased to announce that it has received an order expansion under its five-year contract in the security screening market that was awarded and announced on
Kromek commenced delivery under the contract in 2017 with orders as expected for the first two years. For years three and four, the customer has increased its order quantities resulting in the contract now having a minimum value of
This announcement contains inside information.
For further information, please contact:
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+44 (0)1740 626 060 |
Cenkos Securities plc |
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+44 (0)20 7397 8900 |
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Harry Chathli |
+44 (0)20 7618 9100 |
About
The Group's products provide high resolution information on material composition and structure and are used in multiple applications, ranging from the identification of cancerous tissues to hazardous materials, such as explosives, and the analysis of radioactive materials.
The Group's business model provides a vertically integrated technology offering to customers, from radiation detector materials to finished products or detectors, including software, electronics and application specific integrated circuits ("ASICs").
The Group has operations in the
Currently, the Group has over one hundred full-time employees across its global operations. Further information on
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