Spectra Systems Spectra Systems-SPSC - Sensor order update
RNS Number : 7461LSpectra Systems Corporation09 July 20269 July 2026
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.
Spectra Systems Corporation
("Spectra" or the "Company")
Sensor order update
Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication, security printing, brand protection technologies and gaming security software, is pleased to announce confirmation of a second order to produce additional sensors, beyond the $39.6M contract (RNS July 16,2024), by our customer for use by a second affiliated organization. The additional sensors, are expected to generate revenue of $1.4M and will be delivered between 2026 and Q2 of 2027.
Dr. Nabil Lawandy, CEO of Spectra Systems, stated: "We are delighted to receive a second additional requirement for our sensors, reaffirming the degree to which our technology underpins security throughout our customer's organizational footprint."
The person responsible for arranging the release of this announcement on behalf of the Company is Dr. Nabil Lawandy, Chief Executive Officer of the Company.
Enquiries:
Spectra Systems Corporation
Dr. Nabil Lawandy, Chief Executive Officer
Tel: +1 (0)401 274 4700
Zeus (Nominated Adviser and Joint Broker)
James Joyce Andrew de Andrade (Investment Banking )
Allenby Capital Limited (Joint Broker)
Nick Naylor/James Reeve (Corporate Finance)
Amrit Nahal (Sales and Corporate Broking)
Tel: +44 (0)20 3829 500
Tel: +44 (0)20 3328 5665
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