NETPark based Kromek bags multimillion-pound deal with x-ray imaging company

NETPark based technology firm Kromek has bagged a multimillion-pound deal with an X-ray imaging company.

The Sedgefield based business, a radiation detection technology company focusing on the medical, security and nuclear markets, has been awarded a new long-term supply contract worth a minimum of $7.8m (£6.08m) by an existing customer which makes X-ray imaging systems for the baggage security screening market.

The contract, which will see it customise current technologies in the baggage security screening market, covers a five-year period and starts immediately.

Kromek’s technology is designed to enhance the detection of an extensive range of threat materials, providing improved accuracy and efficiency.

The deal follows a series of contract wins in the defence and medical markets, with new and existing clients.

Last month the firm won a $1.8m deal with the US Defense Threat Reduction Agency (DTRA) to develop next generation hand-held radiation detectors, and in August it secured two contracts, worth a total of $1m, with a new customer and an existing Bone Mineral Densitometry (BMD) customer.

Arnab Basu, CEO of Kromek, said: “This is another significant, long-term contract in the security screening market for Kromek.

“It continues a trend of multi-year contracts we are signing as customers move away from legacy systems and embrace CZT detection technology. Our expertise makes us ideally positioned to develop customer-specific detector modules and to efficiently deploy these in advanced screening systems for real-world use.

“We look forward to rolling out this detection technology to help protect staff and passengers at airports, border crossings and other points of entry or areas of security concern.”

News source: The Chronicle

Dr Arnab Basu

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