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Hardware & electrical equipment

Kromek lands £1.7mln contract from UK govt-related customer

"We are pleased to have received this new contract from this long-standing customer,” said chief executive Dr Arnab Basu.

Kromek Group PLC (AIM:KMK) told investors it has landed a £1.7mln contract from an existing UK government-related customer.

The contract is for the provision of CBRN (Chemical, Biological, Radiological, and Nuclear) detection products and services, and will be delivered over the next four years. Revenue will be split equally over that period, the company noted.

"We are pleased to have received this new contract from this long-standing customer,” said chief executive Dr Arnab Basu.

“It is testament to the value that they place on our products and the nature of our CBRN business where we build solid relationships and continue to receive repeat orders.

Basu added: “Governments are becoming increasingly aware of the need to enhance their wide-area monitoring in order to be able to provide early warning of the presence of CBRN material as well as a full range of CBRN threats, and our solutions are best placed to provide them with this capability."

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