Get all your news in one place.
100's of premium titles.
One app.
Start reading
Birmingham Post
Birmingham Post
Business
Coreena Ford

North East deals of the week: key investments, contracts and acquisitions

Radiation tech specialist Kromek said it expects to see half year revenues rise 45% after sealing a $1.3m deal for its wearable ‘dirty bomb’ detectors.

The Sedgefield-based business is behind the D3M personal radiation detector that helps guard against the threat of nuclear terrorism and the illicit movement of nuclear materials. The hands-free wearable device continuously scans for radiation and has a six-times lower false alarm rate than the standard of the American National Standards Institute.

Since being developed by the NETPark business Kromek has secured a number of orders, and this latest deal is a repeat order with a US customer, with Kromek having now delivered D3M orders worth $2.6m to the same customer in the last six months.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.