REG - Spectra Systems Spectra Systems-SPSC - Maintenance contract for new sensors

Spectra SystemsAnnouncement

26/11/2025 07:00

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RNS Number : 9899I  Spectra Systems Corporation  26 November 2025

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.

26 November 2025

Spectra Systems Corporation

("Spectra" or the "Company")

Maintenance contract for new sensors

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 that it has executed a five-year
service agreement with a customer for the maintenance of existing sensors as
well as the new generation sensors which are replacing them.  The service
revenue for the combined suite of sensors depends on the customer deployment
schedule and is approximately $6.7M from 2026-2030. This contract has been
executed on the back of the authorization for a payment of $5.69M for the
first production tranche of new sensors as part of the sensor manufacturing
contract announced on 16 July 2024.

Dr. Nabil Lawandy, CEO of Spectra Systems, stated: "We are delighted to be
part of this important new initiative by our customer and to be trusted with
the responsibility of maintaining and servicing the suite of current operating
sensors as well as new ones as they are deployed"

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                                           Tel: +1 (0)401 274 4700

 Dr. Nabil Lawandy, Chief Executive Officer

 Zeus (Nominated Adviser and Joint Broker)                             Tel: +44 (0)20 3829 5000

 James Joyce / James Bavister/ Andrew de Andrade (Corporate Finance)

  Allenby Capital Limited (Joint Broker)

 Nick Naylor/James Reeve (Corporate Finance)                           Tel: +44 (0)20 3328 5665

 Amrit Nahal (Sales and Corporate Broking)

 

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