Kromek Group plc (GB:KMK) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Kromek Group plc, a prominent developer of radiation and bio-detection technology, has secured a £2.0m contract with the UK Ministry of Defence for its cutting-edge nuclear radiation detectors, including the newly launched Alpha Beta probe. The deal, won through a competitive tender process, underscores the Group’s strong position in the defence market and is set to be fulfilled within the current financial year. Kromek’s CEO expressed enthusiasm over the MOD’s endorsement and the opportunity to enhance UK national defense capabilities with their versatile handheld detection devices.
For further insights into GB:KMK stock, check out TipRanks’ Stock Analysis page.