Petards jumped 15% as subsidiary QRO picked up an order worth £350,000 for in-car number plate recognition technology (ANPR) from what it said is one of the UK’s largest police forces.
The order is for QRO's Q-Box Merlin IP which allows the monitoring of two lanes of ANPR and manages onward transmission of data to the police force back-office systems.
Two HD cameras are used with audio recording and event-triggered clips to allow for scenes of interest to be accurately recorded, said Petards, which expects to deliver the order during 2024.
Petards chairman Raschid Abdullah added: "We are delighted to add this police force to the list of customers who have selected QRO's ANPR solutions, further building upon QRO's position in the UK as a leading supplier of ANPR technologies.
"It is very pleasing to see QRO making such a strong start to 2024, with this order following so soon after the recently announced £0.4 million order for its new Harrier AI camera."
Shares rose 0.85p to 6.7p, which means surveillance camera specialist Petards' value has doubled in a month.