Thruvision shares jumped 25% to 0.91p on Monday after the security technology group said it had received a notice of intent to award a new contract for its SpotCHECK people-screening system at a major airport in the Pacific Northwest of the United States.
The deal, expected to be finalised by 13 December following routine procurement steps, comes from an existing customer and will involve two of Thruvision’s latest 8116 walk-through screening cameras.
The technology is designed to meet the US Transportation Security Administration’s new national mandate requiring tighter aviation worker screening, a rule that has rapidly expanded demand for non-contact employee-screening systems.
Thruvision said the planned award shows its equipment meets the TSA’s requirements, and it plans to showcase the technology at the American Association of Airport Executives’ Aviation Security Summit this week.
Management has already flagged that several contract decisions are likely before year-end, following the momentum highlighted in November’s interim results.
Kevin Gramer, senior vice-president for Thruvision Americas, said the company was “proud to support this existing airport customer” and that the mobility of the system helps security teams “adapt quickly to operational needs while maintaining consistent screening coverage.”