Kromek awarded $1.6m extension to its contract by DARPA
Source - SMW
Kromek said Monday it has been awared a $1.6m extension to its contract by the Defense Advanced Research Projects Agency (DARPA).
The contract awarded in February 2016 by the Defense Advanced Research Projects Agency will be delivered over an 18-month period with revenue commencing during the current financial year.
Under the terms of the extended contract, Kromek will add further technical innovation capability to the Kromek D3S family of equipment.
Dr Arnab Basu, CEO of Kromek, said: 'Having our D3S detectors positioned as a central pillar in DARPA's SIGMA programme is a testament to the capabilities of our state-of-the art technology and the strength of our relationship with DARPA. With field tests continuing in the US and across the globe, the D3S is gaining traction as an invaluable tool to help cities detect and counter the threat of dirty-bomb attacks.'
At 8:17am: (LON:KMK) Kromek Group PLC share price was +0.25p at 22.25p