Dr Arnab Basu
Radiation detection technology company, Kromek, has announced two contracts worth a total of $1m, with a new customer and an existing customer.
Both contracts commence immediately, with one delivered over an 18-month period and the other within the current financial year.
In the nuclear medicine instrumentation field, Kromek has been awarded a $700k order from a new customer to supply its proprietary Cadmium Zinc Telluride (CZT) detectors to be used in nuclear medicine.
Kromek’s technology will provide higher resolution detection capabilities enabling better patient outcomes.
In the bone mineral densitometry market, Kromek has received a repeat contract of $340k for CZT-based detectors for the customer’s existing product line. This will re-enforces the run rate of this product group.
Dr Arnab Basu, CEO of Kromek, commented: “We continue to add new customers in the medical device sector, working with them to build the next generation of medical instrumentation. Our CZT technology in medical scanners delivers excellent quality images and detection capability that lead to a better patient outcome. We also build strong and long-lasting partnerships with our clients, as highlighted by today’s repeat contract with another OEM in the BMD sector to supply CZT-based detection units for their equipment."
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