Business
New £1.7m CBRN contract
New £1.7m CBRN contract.
About this update from Kromek Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 0584H\n Kromek Group PLC\n 04 April 2022\n \n \n \n 4 April 2022\n \n \n Kromek Group plc\n \n \n (\"Kromek\" or the \"Group\")\n \n \n \n Kromek awarded £1.7m contract from UK government-related customer\n \n \n New multi-year order from UK government agency for provision of CBRN detection products and services\n \n \n \n Kromek (AIM: KMK), a leading developer of radiation and bio-detection technology solutions for the advanced imaging and CBRN detection segments, is pleased to announce that it has been awarded a contract worth £1.7m from an existing UK government-related customer.\n \n The contract is for the provision of CBRN (Chemical, Biological, Radiological, and Nuclear) detection products and services. It is to be delivered over the next four years, with revenue split equally over that period. \n \n Dr Arnab Basu, CEO of Kromek, said:\n \n \"We are pleased to have received this new contract from this long-standing customer. 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. 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.\"\n \n \n \n For further information, please contact:\n \n \n \n \n \n \n \n \n Kromek Group plc \n \n \n \n \n \n \n \n \n Arnab Basu, CEO \n \n Paul Farquhar, CFO \n \n \n +44 (0)1740 626 060 \n \n \n \n \n \n \n \n \n \n \n \n \n \n Cenkos Securities plc (Nominated Adviser and Broker) \n \n \n \n \n \n \n \n Camilla Hume/Giles Balleny (NOMAD) \n Julian Morse (Sales) \n \n \n +44 (0)20 7397 8900 \n \n \n \n \n \n \n \n \n \n \n \n \n \n Luther Pendragon (Financial PR) \n \n \n \n \n \n \n \n Harry Chathli/Claire Norbury \n \n \n +44 (0)20 7618 9100 \n \n \n \n \n \n \n \n \n \n \n \n \n \n About Kromek Group plc\n \n \n \n \n \n Kromek Group plc is a leading developer of radiation detection and bio-detection technology s...