Kromek reports solid momentum through second half

11th May 2021 15:07

(Sharecast News) - Medical, security screening and nuclear detection technology company Kromek updated the market on its trading in the year just ended on Tuesday, confirming that after orders and shipments across its segments resumed in the final two months of the first half, it entered the second half with an "extensive" commercial pipeline and increased commercial activity.

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Kromek raising up to £13m with new and existing investors

12th Feb 2021 15:46

(Sharecast News) - Medical, security screening and nuclear-focussed detection technology company Kromek announced a fundraising of up to £13m before expenses on Friday, in a bid to de-risk and commercialise its biosecurity and pathogen detectors, among other things.

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Kromek to supply ventilators for Covid-19 response

15th Apr 2020 11:40

(Sharecast News) - Radiation detection technology manufacturer Kromek will begin supplying Metran-based ventilators for Covid-19 response by the end of next month.

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Interim losses widen at Kromek as costs overshadow soaring revenue

11th Dec 2019 07:53

(Sharecast News) - Kromek on Wednesday reported a widened loss due to margin pressure, though revenue surged as the company began to deliver on high value contracts.

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Kromek awarded two extension contracts worth ?1.6m

24th Sep 2019 11:55

(Sharecast News) - Medical, security screening and nuclear detection technology provider Kromek has been awarded two extension contracts relating to its 'D3S' family of products and technologies designed to counter nuclear terrorism, it announced on Tuesday.

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Kromek Group glows after slashing losses

27th Jun 2019 13:22

(Sharecast News) - Kromek Group's shares climbed on Thursday after it reported double-digit revenue growth and said it remained confident of further growth in the year ahead.

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Kromek wins new $58m medical imaging contract

28th Jan 2019 15:44

(Sharecast News) - Detection technology provider Kromek has been awarded a new contract by an existing OEM customer, it announced on Monday, expected to be worth a minimum of $58.1m over a seven-year period.

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Kromek losses widen but margins improve

14th Jan 2019 08:24

(Sharecast News) - Detection technology supplier Kromek saw losses widen in the first half of its trading year despite improving margins and narrowing costs throughout the period.

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Kromek wins $2m threat-detection contract with US DoD

10th Dec 2018 10:44

(Sharecast News) - Kromek was on Monday awarded its first contract for biological-threat detection by the Defense Advanced Research Projects Agency (DARPA), an agency of the US Department of Defense.

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Kromek wins $7.8m baggage screening contract

19th Nov 2018 10:16

(Sharecast News) - Kromek on Monday secured a new long-term supply contract to develop and deploy next-generation detector modules for a minimum of $7.8m.

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Kromek secures funding from US Defense Threat Reduction Agency

27th Sep 2018 13:02

(Sharecast News) - Kromek has been awarded $1.8m in funding from the US Defense Threat Reduction Agency in order to develop a next-generation radiation-detection device to meet future military challenges.

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Kromek secures two new contracts worth $1m

20th Aug 2018 08:34

(Sharecast News) - Radiation detection technology company Kromek has secured two contracts worth a total of $1m, with a new original equipment manufacturer customer and an existing bone mineral densitometry (BMD) customer, it announced on Monday.

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Kromek secures US government contracts worth at least $2.6m

23rd Jul 2018 13:25

(Sharecast News) - Radiation detection technology firm Kromek Group was on Monday awarded two new contracts from the US department of homeland security (DHS) and the defense threat reduction agency (DTRA).

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Kromek raises £21m to invest in its radiation detection business

25th Jan 2017 11:40

(ShareCast News) - Kromek, a radiation detection technology company, raised £21m in equity in order to support commercial activity and grow the business. The AIM-listed company raised the funds from a firm placing, which was oversubscribed from new and existing investors, and an open offer, both sub

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Revenue flat, losses deepen at Kromek Group

16th Dec 2015 15:32

(ShareCast News) - Kromek Group's board was looking up on Wednesday, despite flat revenues and sinking losses in its interim report. Revenue at the radiation detection technology firm remained flat in the six months to 31 October, at £3.2m. Gross margin fell from 70% last year to 53% this period, t

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