RCS - SRT Marine Systems - $260,000 Digital Aids to Navigation Order

SRT Marine SystemsAnnouncement

05/07/2023 07:00

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RNS Number : 9781E  SRT Marine Systems PLC  05 July 2023

 

 

SRT MARINE SYSTEMS PLC

(AIM: SRT)

("SRT" or the "Company")

 

$260,000 Digital Aids to Navigation Order

SRT Marine Systems plc ('SRT'), a global provider of maritime domain awareness
systems and technologies for security, safety and environmental protection is
pleased to advise that it has received a strategically notable order worth
$260,000 for its Digital Aids to Navigation System (DAS) products.

The order is from a Japanese customer and will be deployed to enhance
navigation safety. DAS products are digital transceivers which transmit
information to vessels and navigation authorities in real time and are
predominantly used to enhance navigation safety and efficiency.

Simon Tucker, CEO of SRT Marine Systems, commented:

"DAS is a division of our transceivers business which we started many years
ago in order to establish first mover advantage. As shipping digitises we see
significant future opportunities for our DAS."

 For further information, please contact:
 SRT Marine Systems plc                                      www.srt-marine.com (http://www.srt-marine.com)

                                                             + 44 (0) 1761 409500
 Simon Tucker (CEO)                                          simon.tucker@srt-marine.com
 Louise Coates (Marketing Manager)                           louise.coates@srt-marine.com

 finnCap Ltd (NOMAD & Broker)
 Jonny Franklin-Adams / Teddy Whiley (Corporate Finance)     +44 (0) 20 7220 0500
 Tim Redfern / Charlotte Sutcliffe (ECM)

About SRT Marine Systems plc:

SRT Marine Systems PLC is an established leader in the growing global market
for maritime domain awareness. We provide advanced technologies, products and
systems that enhance maritime safety, security and environmental protection
and sustainability. Our customers range from governments to vessel owners
around the world.

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