03:00 Thu 27 Sep 2018
Kromek Group PLC - Kromek awarded $1.8m funding from DTRA
("Kromek" or the "Company")
Kromek awarded
Funding to develop next-generation radiation detection device to meet future military challenges
Kromek (AIM: KMK), a radiation detection technology company focusing on the medical, security and nuclear markets, is pleased to announce that it has been awarded a contract by the
Under the terms of the contract, Kromek will enhance its D3S platform to develop a next-generation, ruggedised small form factor for use in the military field. By using advanced detector materials, the device will generate higher resolution detection and superior localisation and identification of radioactive material for use by the US military in combat environments.
Dr
For further information, please contact:
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+44 (0)1740 626 060 |
Cenkos Securities plc (Nominated Adviser and Joint Broker) |
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+44 (0)20 7397 8900 |
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+44 (0)20 7894 7000 |
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Harry Chathli |
+44 (0)20 7618 9100 |
About
The Group's products provide high resolution information on material composition and structure and are used in multiple applications, ranging from the identification of cancerous tissues to hazardous materials, such as explosives, and the analysis of radioactive materials.
The Group's business model provides a vertically integrated technology offering to customers, from radiation detector materials to finished products or detectors, including software, electronics and application specific integrated circuits ("ASICs").
The Group has operations in the
Currently, the Group has over one hundred full time employees across its global operations. Further information on
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