SRT Marine raises another ?5.3m in resilience financing
17th Apr 2020 08:46
(Sharecast News) - Maritime management group SRT Marine has now raised a total of ?5.3m of cash in a combination of loans and equity in order to provide it with some Covid-19 resilience financing.
Read moreSRT Marine warns of contract delays due to coronavirus
10th Mar 2020 09:14
(Sharecast News) - Maritime surveillance provider SRT Marine Systems warned on Tuesday that contracts scheduled for signature and commencement during March would now be delayed in response to the Wuhan coronavirus outbreak.
Read moreSRT Marine sees losses deepen despite revenue growth
4th Oct 2019 08:08
(Sharecast News) - Maritime surveillance and monitoring group SRT Marine Systems expects interim losses to widen despite reporting increased revenues throughout the first half of the year.
Read moreSRT Maritime revenues boosted by solid showing from AIS and MDA businesses
10th Apr 2019 11:02
(Sharecast News) - Maritime surveillance and management SRT Marine Systems expects to report significantly higher revenues and profits from its last trading year after both its AIS transceiver and MDA systems businesses experienced "very good growth".
Read moreSRT Marine Systems narrows loss as transceiver sales expand
3rd Oct 2018 09:26
(Sharecast News) - Maritime technology developer SRT Marine Systems saw first-half revenue increase 9% to £3.2m as the firm's transceiver division drove sales.
Read moreSRT Marine Systems swings to full-year loss on contract cancellation
23rd Jul 2018 10:11
(Sharecast News) - SRT Marine Systems said on Monday that it swung to a full-year loss as revenue slumped following the cancellation of a key contract.
Read moreSRT receives sizeable order from Saudi Arabia
14th Oct 2016 08:33
(ShareCast News) - Maritime domain awareness technology provider SRT Marine Systems announced on Friday that it has received an initial order and first payment for the supply of AIS vessel monitoring transceivers for deployment in Saudi Arabia. The AIM-traded firm said the order will be shipped duri
Read moreWednesday broker round-up
9th Mar 2016 16:26
(ShareCast News) - Worldpay: Jefferies reiterates buy with a target price of 340p and Goldman Sachs keeps at buy with a target price of 400p. Burberry: HSBC downgrades to hold, 1500p target. Croda International: Goldman Sachs downgrades to neutral with a target price of 3300p. Ashtead: Credit Suis
Read moreSoftware Radio Technology wins maritime deal with Asian country
9th Mar 2016 10:19
(ShareCast News) - Software Radio Technology has shaken hands on a maritime domain awareness deal in Asia that it expects to generate revenues of up to €90m over three years. SRT will work with the customer, a "large country in Asia", to advise and assist with the planning and implementation of a ma
Read moreSoftware Radio expects to post first-half loss
6th Oct 2015 11:04
(ShareCast News) - Software Radio Technology expects to report a first-half pre-tax loss as its revenues this year are weighted towards the second half due to market demand timing driven by mandates and projects in the US, Middle East and Asia. The company, which provides maritime domain awareness t
Read moreSoftware Radio Tech to distribute Automatic Identification System transceivers in Qatar
16th Sep 2015 11:30
(ShareCast News) - Software Radio Technology was looking to sell a large number of their Automatic Identification System (AIS) transceivers in Qatar. Qatar's Ministry of Transport announced that all local vessels were now required to be fitted with an AIS transceiver. Following the announcement, So
Read moreSoftware Radio Tech shares up on US contract
21st Aug 2015 10:06
(ShareCast News) - Shares in Software Radio Technology (SRT) rose after the marine tech company signed at $5m contract with a US authority. At 1011 BST shares AIM-listed SRT were up by 7.09% to 31.33p. SRT did not name who it signed the deal with but said the contract was with a US authority for "n
Read moreSoftware Radio Technology posts narrower annual loss, outlook positive
9th Jun 2015 07:53
Software Radio Technology (SRT) posted a narrower loss for the year ended 31 March and maintained a positive outlook for the rest of the current financial year, citing a sizeable backlog of orders. Over the 12 month period, SRT saw revenue swell 39% to £8.5m, from £6.1m, driven by an exclusive partn
Read moreSoftware Radio Tech signs deal for new technology
14th Apr 2014 16:26
Software Radio Technology (SRT) has signed a mutually exclusive agreement with Canadian firm exactEarth to develop and commercialise new technology, following on from the memorandum of understanding announced in May last year. Since May, exactEarth and SRT have developed a new technology called AB
Read moreSoftware Radio Technology losses at lower end of guidance
2nd Apr 2014 11:18
Marine tracking group Software Radio Technology has revealed that revenue and losses will come in at the bottom end of its previous indications. The AIM-listed company made a separate announcement that a frame order for Automatic Identification System (AIS) maritime equipment worth $6.75m has been
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