RCS - SRT Marine Systems - New Coast Guard System Operational

SRT Marine SystemsAnnouncement

19/04/2023 07:00

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RNS Number : 6486W  SRT Marine Systems PLC  19 April 2023

REACH

 

 

SRT MARINE SYSTEMS PLC

(AIM: SRT)

("SRT" or the "Company")

 

New Coast Guard System Operational

SRT Marine Systems plc ('SRT'), a global provider of maritime domain awareness
systems and technologies for surveillance, security, safety and environmental
protection is pleased to advise that a new vessel monitoring and inspection
co-ordinating system contracted and announced in November 2022, is now
operational.

This small system was contracted to SRT in November 2022, with an expected end
to end delivery period of 6 months. The initial deployment phase was completed
in January 2023, with operationalisation of the system undertaken in the
subsequent months.

The system is owned and operated by a single national coast guard but serves
multiple national agencies. The system uses a basic tactical version of the
SRT-MDA system to deliver a single platform that integrates basic vessel
tracking and identification information across multiple national agencies
along with vessel inspection co-ordination functionality.

Simon Tucker, CEO of SRT Marine Systems, commented:

"The modular flexibility of the SRT-MDA System enables us to accommodate both
tactical and strategic needs of customers to suit their present-day
operational and budget requirements, whilst also delivering a future proof
platform which can expand over time. This Coast Guard has taken its first
steps with SRT on its strategy to build its own independent maritime
surveillance and intelligence capabilities in order to deliver significant
increases in operational effectiveness and efficiency."

 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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