Kromek receives £1.4m CBRN order for EU stockpile

Kromek Group plc (AIM: KMK), a leading developer of radiation and bio-detection technology solutions for the advanced imaging and CBRN detection segments, announces that it has received an order in excess of £1.4m to supply D3M detectors and associated networkable solutions. The revenues are expected to be received within the current financial year.

The detectors are intended for use in the rescEU stockpile, which is being developed by the European Commission to help safeguard citizens from disasters and manage emerging risks, including equipment to respond to chemical, biological, radiological, and nuclear (CBRN) risks. The order is fully funded by the EU, through the Directorate-General for European Civil Protection and Humanitarian Aid Operations.

Arnab Basu, CEO of Kromek, said: "Amid increasingly fraught and volatile global relations, the need for sovereign nations to prepare for emerging risks has never been more important.

"We are pleased to be able to contribute positively to global efforts to safeguard citizens against possible threats, accidental or deliberate.

"This latest order for Kromek's D3M line of detectors is another endorsement of our world-leading technology, which is amongst the most versatile and sensitive available, offering real time data of any potential nuclear threat so that decision making can be rapid and responses can be co-ordinated effectively."

Kromek Group plc

Kromek is listed on AIM, a market of the London Stock Exchange, under the trading symbol 'KMK'.