REG - Thruvision Group PLC - South-East Asian Mass Transit Contract Award

ThruvisionAnnouncement

20/01/2026 07:00

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RNS Number : 4848P  Thruvision Group PLC  20 January 2026

 

20 January 2026

 

Thruvision Group plc

 

South-East Asian Mass Transit Contract Award

 

Thruvision Group plc (AIM: THRU), the leading provider of walk-through
security technology ("Thruvision" or the "Company" and, together with its
subsidiary undertakings, the "Group"), announces that it has been notified by
one of the Company's regional integration partners (the "Partner") of a
contract award to the Partner which includes the deployment of Thruvision's
technology in a South-East Asian mass transit security application. The award
is expected to generate more than £1 million in revenue for Thruvision.

The award relates to the deployment of 20 Thruvision high-throughput
people-screening systems for a major international rail-link. The systems will
be used to enhance passenger safety while maintaining high throughput and
minimal disruption to passenger flow. Delivery of the systems is expected to
take place during the current quarter. An additional award is anticipated for
support services in the next financial year.

This award represents a significant step in the expansion of Thruvision's
presence in the Asian mass transit market and further validates the Company's
strategy of working with trusted regional partners to address large-scale
opportunities.

Commenting on the announcement, Victoria Balchin, CEO of Thruvision, said:

"This award demonstrates the growing demand for our technology and, as the
second major order in this region this financial year, reflects the increasing
traction of our regional partner strategy in Asia, reinforcing confidence in
its effectiveness across our established market sectors."

For further information please contact:

 

 Thruvision Group plc                                  +44 (0)1235 425 400
 Tom Black, Executive Chairman
 Victoria Balchin, Chief Executive Officer

 Allenby Capital Ltd (Nominated Adviser & Broker)      +44 (0)20 3328 5656
 James Reeve / Piers Shimwell (Corporate Finance)
 Jos Pinnington / Amrit Nahal (Sales)

 

 

About Thruvision

Thruvision is a leading international developer, manufacturer and supplier of
walk-through security technology. Its technology is deployed in more than 30
countries around the world by government and commercial organisations in a
wide range of security situations, where large numbers of people need to be
screened quickly, safely and efficiently. Thruvision's patented technology is
capable of detecting concealed metallic and non-metallic objects in real time
using an advanced AI-based detection algorithm. The Group has offices and
manufacturing capabilities in the UK and US.

 

Important information

This announcement may include statements that are, or may be deemed to be,
"forward-looking statements" (including words such as "believe", "expect",
"estimate", "intend", "anticipate" and words of similar meaning). By their
nature, forward-looking statements involve risk and uncertainty since they
relate to future events and circumstances, and actual results may, and often
do, differ materially from any forward-looking statements. Any forward-looking
statements in this announcement reflect management's view with respect to
future events as at the date of this announcement. Save as required by
applicable law, the Company undertakes no obligation to publicly revise any
forward-looking statements in this announcement, whether following any change
in its expectations or to reflect events or circumstances after the date of
this announcement.

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