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OSI Systems Awarded $5 Million Contract to Develop Automated Detection of Biosecurity Risk Items
HAWTHORNE, Calif..--(BUSINESS WIRE)-- OSI Systems, Inc. (the "Company" or "OSI Systems") (NASDAQ: OSIS) today announced that its Security division was
About this update from Osi Systems, Inc.
[{"type":"text","content":" HAWTHORNE, Calif..--(BUSINESS WIRE)--\nOSI Systems, Inc. (the \"Company\" or \"OSI Systems\") (NASDAQ: OSIS) today announced that its Security division was awarded a contract from the Commonwealth Government of Australia represented through the Department of Agriculture, Water and the Environment (“DAWE”) for approximately $5 million for the supply of Rapiscan® RTT®110 hold baggage screening systems and the development and delivery of software algorithms for the automated detection of biosecurity risk items.\n\n\nThe Rapiscan® RTT®110 systems are expected to be installed at Melbourne International Airport as well as at certain international mail gateway facilities in Melbourne and Sydney. The systems are planned to be used to scan both inbound mail and baggage for biosecurity risk items such as animals, animal products, seeds and fruits and vegetables. Additionally, the Company is developing proprietary package tracking technology to facilitate identification and control of suspected items.\n\n\nDAWE Director, Pathway Capability, Ms. Jessica Mitchell, commented, “The ability to detect biosecurity risk items at our borders plays a critical role in preventing some of the world’s most severe pests and diseases from entering Australia. To date, excellent progress has been made in trials with Rapiscan Systems for the automated detection of biosecurity risk items, and we are excited to move to the next phase seeing units deployed into live operation at key strategic locations to assist our team as we clear millions of packages, parcels and baggage entering Australia through our airports and mail centers.”\n\n\nOSI Systems’ Chairman and CEO, Deepak Chopra, commented, \"We are honored to be selected to work with DAWE on the implementation of this development program. The program highlights the versatility of the Rapiscan® RTT®110 as it is able to simultaneously scan packages and baggage with our proprietary algorithms for biosecurity threats while continuing to operate in accordance with global standards for air cargo screening.”\n\n\nAbout OSI Systems\n\n\nOSI Systems is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications in the homeland security, healthcare, defense and aerospace industries. The Company combines more than 40 years of electronics engineering and ...