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Kromek is a technology winner in an uncertain world

As geopolitical instabilities and terrorism threats drive demand for CBRN protection, the small-cap company is set to prosper
November 1, 2023
  • $5.9mn US government agency contract
  • $1mn of new orders for nuclear security and biodetection

Geopolitical instabilities and terrorism threats to sovereign states are driving demand for Sedgefield-based Kromek (KMK:5p), a radiation detection technology company. Its CZT-based dirty-bomb detectors protect buildings and critical infrastructure against nuclear threat and the technology is used in the development of government-funded biological threat detection systems, too.

In the past week, Kromek has announced a $5.9mn (£4.8mn) contract from the US Department of Homeland Security Countering Weapons of Mass Destruction Office to develop and pilot an agent-agnostic bio-detection system under a four-year programme. It is focused on the detection, classification and identification of bioterrorism attacks, an increasing priority for governments, particularly in light of the Covid-19 pandemic.

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