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IN BRIEF: Kromek Wins Contract Extension For Network Services

8th Dec 2020 17:16

Kromek Group PLC - Sedgefield-based detection technology supplier - Wins two contract extensions from European government-related company to provide network services of its D3S-related technology to counter nuclear terrorism.

Contract extensions are worth GBP460,000 in total which will be delivered in current financial year. They also mark further step towards Kromek providing full wide-area system roll-out for the customer.

"These contract extensions are indicative of the rebound in commercial activity we are experiencing across our business and further evidence that normal trading patterns are returning for us as well as our customers," Chief Executive Officer Arnab Basu says.

Current stock price: 12.15 pence

Year-to-date change: down 52%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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