REG - SRT Marine Systems - New $20.5m Systems Contract

SRT Marine SystemsAnnouncement

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RNS Number : 6091U  SRT Marine Systems PLC  27 February 2026

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW
BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR"), AND IS
DISCLOSED IN ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 17 OF
MAR.

 

 

SRT MARINE SYSTEMS PLC

(AIM: SRT)

("SRT" or the "Company")

 

New $20.5m Systems Contract

SRT Marine Systems plc ('SRT'), a global provider of intelligent maritime
surveillance systems for sovereigns and maritime navigation safety systems is
pleased to announce that it has signed a new contract worth $20.5m with an
existing sovereign customer.

The new contract is a follow-on contract to expand the scope of the system.

Simon Tucker, SRT CEO said: "Under the banner of our sovereign partnership
program we expect our customers' requirements to evolve and grow over time.
SRT's role in the partnership is to be a steadfast and reliable surveillance
system expert partner to our customer and meet that need promptly and
efficiently. This is a great example of an ambitious customer who wishes to
rapidly grow their MDA capabilities, resulting in follow-on business for SRT."

   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 (mailto:simon.tucker@srt-marine.com)
 Kevin Finn (Chairman)                                       Kevin.finn@srt-marine.com (mailto:Kevin.finn@srt-marine.com)
 Nora Alakshan (Corporate Communications Manager)            nora.alakshan@srt-marine.com
 Cavendish Capital Markets Limited (NOMAD & Broker)
 Jonny Franklin-Adams / Teddy Whiley (Corporate Finance)     +44 (0) 20 7220 0500
 Tim Redfern (Corporate Broking)

 

About SRT Marine Systems plc:

SRT Marine Systems PLC is a global provider of civil defence maritime
intelligence and surveillance systems and navigation safety and efficiency
solutions. Our systems provide MDA intelligence that enable sovereign agencies
such as Coast Guards and Fishery Authorities to adopt a new nationwide
intelligence lead operations doctrine which is highly effective and efficient
for maritime safety and security. Our navigation safety systems enable vessel
operators to navigate digitally more safely and efficiently. Our customers
range from government agencies such as Coast Guards, Fishery Authorities and
Ports & Waterway authorities to commercial and leisure vessel owners.

 

 

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