Source - LSE Non-Regulatory
RNS Number : 6486W
SRT Marine Systems PLC
19 April 2023
 

REACH

 

 

SRT MARINE SYSTEMS PLC

(AIM: SRT)

("SRT" or the "Company")

 

New Coast Guard System Operational

SRT Marine Systems plc ('SRT'), a global provider of maritime domain awareness systems and technologies for surveillance, security, safety and environmental protection is pleased to advise that a new vessel monitoring and inspection co-ordinating system contracted and announced in November 2022, is now operational.

This small system was contracted to SRT in November 2022, with an expected end to end delivery period of 6 months. The initial deployment phase was completed in January 2023, with operationalisation of the system undertaken in the subsequent months.

The system is owned and operated by a single national coast guard but serves multiple national agencies. The system uses a basic tactical version of the SRT-MDA system to deliver a single platform that integrates basic vessel tracking and identification information across multiple national agencies along with vessel inspection co-ordination functionality. 

Simon Tucker, CEO of SRT Marine Systems, commented:

"The modular flexibility of the SRT-MDA System enables us to accommodate both tactical and strategic needs of customers to suit their present-day operational and budget requirements, whilst also delivering a future proof platform which can expand over time. This Coast Guard has taken its first steps with SRT on its strategy to build its own independent maritime surveillance and intelligence capabilities in order to deliver significant increases in operational effectiveness and efficiency."

For further information, please contact:


SRT Marine Systems plc

www.srt-marine.com 

+ 44 (0) 1761 409500

Simon Tucker (CEO)

simon.tucker@srt-marine.com

Louise Coates (Marketing Manager)

louise.coates@srt-marine.com

 

finnCap Ltd (NOMAD & Broker)


Jonny Franklin-Adams / Teddy Whiley (Corporate Finance)

+44 (0) 20 7220 0500

Tim Redfern / Charlotte Sutcliffe (ECM)


 


 

About SRT Marine Systems plc:

SRT Marine Systems PLC is an established leader in the growing global market for maritime domain awareness. We provide advanced technologies, products and systems that enhance maritime safety, security and environmental protection and sustainability. Our customers range from governments to vessel owners around the world.

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRANKFBQPBKDOQD
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Srt Marine Systems PLC (SRT)

+0.17p (+0.61%)
delayed 11:36AM