Kromek Signs New $6 Million Contract With US DoD
June 14 2021 - 3:57AM
Dow Jones News
By Matteo Castia
Kromek Group PLC said Monday that it has signed a contract
valued at $6 million with the Defense Advanced Research Projects
Agency to further develop its bio-threat detection system.
The AIM-listed supplier of detection technology said it will
deliver the contract over the next 28 months, starting
immediately.
The contract revolves around the phase II of the development of
a biological-threat detection system that senses, analyzes and
identifies airborne pathogens, Kromek said.
The Defense Advanced Research Projects Agency is part of the
U.S. Department of Defense.
Shares at 0710 GMT were up 0.75 pence, or 5%, at 15.75
pence.
Write to Matteo Castia at matteo.castia@dowjones.com
(END) Dow Jones Newswires
June 14, 2021 03:44 ET (07:44 GMT)
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