Kromek Group (KMK)

Sector:

Health Care

Index:

FTSE AIM All-Share

6.20p
   
  • Change Today:
      0.50p
  • 52 Week High: 8.00
  • 52 Week Low: 3.95
  • Currency: UK Pounds
  • Shares Issued: 641.55m
  • Volume: 4,043,262
  • Market Cap: £39.78m
  • RiskGrade: 527

Kromek wins extension to US dirty bomb detection contract

By Josh White

Date: Monday 12 Mar 2018

LONDON (ShareCast) - (ShareCast News) - Radiation detection technology company Kromek has been awarded an extension to its high-volume production contract with the Defense Advanced Research Projects Agency (DARPA), an agency of the US Department of Defense, initially awarded in February 2016.
The AIM-traded firm said the contract, worth $1.6m, would be delivered over an 18-month period with revenue commencing during the current financial year.

Under the terms of the extended contract, Kromek would add further technical innovation capability to the Kromek D3S family of equipment.

It said the enhancements would take the already-deployed Kromek D3S product range into even greater operational capability by improving user experience and enabling the device to provide further information to the Homeland Security community, and to first responders.

The extension was to the high-volume production contract awarded by DARPA in February 2016, which had reportedly seen the successful delivery of 10,000 D3S units and field-testing of the standalone detectors in Washington DC and other major areas of strategic importance to the US.

DARPA's SIGMA programme was aimed at preventing attacks involving radiological 'dirty bombs' and other nuclear threats in the US and globally.

The enhancements to Kromek's D3S product range would result in greater operational capability, ease of use and provide more detailed information to the Homeland Security community and first responders, the company 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," said Kromek CEO Dr Arnab Basu.

"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."

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Kromek Group Market Data

Currency UK Pounds
Share Price 6.20p
Change Today 0.50p
% Change 8.77 %
52 Week High 8.00
52 Week Low 3.95
Volume 4,043,262
Shares Issued 641.55m
Market Cap £39.78m
RiskGrade 527

Kromek Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
22.34% above the market average22.34% above the market average22.34% above the market average22.34% above the market average22.34% above the market average
8.57% above the sector average8.57% above the sector average8.57% above the sector average8.57% above the sector average8.57% above the sector average
Price Trend
12.4% below the market average12.4% below the market average12.4% below the market average12.4% below the market average12.4% below the market average
18.92% above the sector average18.92% above the sector average18.92% above the sector average18.92% above the sector average18.92% above the sector average
Income Not Available
Growth
26.93% above the market average26.93% above the market average26.93% above the market average26.93% above the market average26.93% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average

Kromek Group Dividends

No dividends found

Trades for 31-Oct-2024

Time Volume / Share Price
17:07 240,000 @ 6.20p
16:35 90,595 @ 6.20p
16:35 82,595 @ 6.20p
16:35 2,950 @ 6.20p
16:35 5,050 @ 6.20p

Kromek Group Key Personnel

CEO Arnab Basu

Top of Page