By Josh White
Date: Tuesday 02 Feb 2021
LONDON (ShareCast) - (Sharecast News) - Banknote authentication and brand protection technology company Spectra Systems has executed an agreement with a central bank customer, it announced on Tuesday.
The AIM-traded firm said the agreement was for the second phase of the sensor development programme, which it initially announced on 21 October.
It said the second phase, with $5.6m of revenue, was a follow-on to the $1.9m first phase of development.
"We are pleased that this technologically sophisticated central bank has provided us with the opportunity to continue to phase 2 of the sensor development which will lead to the production of a yet unspecified number of sensors for their advanced cash processing operations," said chief executive officer Dr Nabil Lawandy.
At 1543 GMT, shares in Spectra Systems Corporation were down 1.14% at 174p.
Email this article to a friend
or share it with one of these popular networks:
| Currency | UK Pounds |
| Share Price | 128.50p |
| Change Today | 0.50p |
| % Change | 0.39 % |
| 52 Week High | 254.00p |
| 52 Week Low | 126.00p |
| Volume | 98,835 |
| Shares Issued | 48.22m |
| Market Cap | £61.96m |
| Value |
|
|---|
| Price Trend |
|
|---|
| Income |
|
|---|
| Growth |
|
|---|
| Latest | Previous | |
|---|---|---|
| Final | Final | |
| Ex-Div | 12-Jun-25 | 13-Jun-24 |
| Paid | 27-Jun-25 | 28-Jun-24 |
| Amount | 11.60¢ | 11.60¢ |
| Time | Volume / Share Price |
| 17:07 | 7,500 @ 128.50p |
| 15:54 | 2,200 @ 127.75p |
| 15:28 | 10,200 @ 127.00p |
| 14:11 | 19,383 @ 128.96p |
| 14:00 | 3,439 @ 127.00p |
You are here: research