Software Radio Technology (LON:SRT) won a US$5mln contract to provide a national authority with its AIS Maritime Domain Management (MDM) system.
It will enable the unnamed authority to enhance the security, safety and management of the marine life by identifying potential threats, increasing the search and rescue capability and managing marine areas.
The system will provide accurate, real time tracking of all vessels of any size and type without range limitation.
Data will be compiled the company’s GeoVS management system in a central database which can be used by the coast guard, fisheries, police, navy and environment ministries.
The GeoVS viewing and data management system combines 3D and traditional 2D displays to provide real time data from remote control rooms and on location at sea by official vessels.
Negotiations and trials for the system with the customer lasted for more than a year.
Simon Tucker, chief executive, said: “We are delighted that another of our validated sales pipeline opportunities, currently valued at approximately £200 million, has reached the contract implementation phase.”
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