REG - Petards Group PLC - Contract Win

PetardsAnnouncement

19/02/2024 07:00

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RNS Number : 5044D  Petards Group PLC  19 February 2024

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
 
19 February 2024
 
 
PETARDS GROUP PLC
 ("Petards" or the "Group")

 

Contract Win

 

 

Petards, the AIM quoted developer of advanced security and surveillance
systems, announces that its subsidiary, QRO Solutions (QRO), has been recently
awarded an order worth around £0.35 million for one of the UK's largest
police forces, adding a new police force to QRO's list of customers.

 

The order is for the supply of QRO's Q-Box Merlin IP in-vehicle ANPR solution
with High Definition (HD) DVRs, which the end customer is fitting to a number
of vehicles in its fleet.

 

The Q-Box Merlin IP to be supplied has HD capability for two lanes of ANPR and
manages wireless/4G/5G communications for onward transmission of data to the
police force back office systems. The DVR option allows for the support of two
HD cameras with audio recording and event triggered clips that allow for
scenes of interest to be accurately recorded.

 

This order is expected to be fully delivered during 2024.

 

Raschid Abdullah, Chairman of Petards Group plc said:

 

"We are delighted to add this police force to the list of customers who have
selected QRO's ANPR solutions, further building upon QRO's position in the UK
as a leading supplier of ANPR technologies."

 

"It is very pleasing to see QRO making such a strong start to 2024, with this
order following so soon after the recently announced £0.4 million order for
its new Harrier AI camera."

 

 

Contacts:

 

 

 Petards Group plc                           www.petards.com (http://www.petards.com)
 Raschid Abdullah, Chairman                  Mb:  07768 905 004

 WH Ireland Limited, Nomad and Joint Broker  www.whirelandcb.com (http://www.whirelandcb.com)
 Mike Coe / Sarah Mather                     Tel:  0117 945 3470

 Hybridan LLP, Joint Broker                  www.hybridan.com (http://www.hybridan.com)
 Claire Louise Noyce                         Tel:  020 3764 2341

                                             claire.noyce@hybridan.com

 

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