Back to RNS Announcements

Contract Award

Image Scan Holdings is pleased to announce that it has signed a contract with a European government defence organisation following a competitive international tender process.

Under the contract, Image Scan will supply 25 units of its ThreatScan® portable X‑ray systems for use in Explosive Ordnance Disposal (EOD) operations. The precise timing and allocation of revenue recognition will depend on delivery schedules and customer acceptance milestones, with a majority anticipated to be recognised in the current financial period.

The contract was secured against strong international competition and further demonstrates the operational capability, reliability and performance of the Company’s ThreatScan® technology in demanding military applications.

Commenting on the award, Vince Deery, Chief Executive Officer of Image Scan, said:

“We are pleased to have secured this contract with a European defence organisation following a highly competitive international tender process. This award reflects the proven performance of our ThreatScan® systems in demanding operational environments and reinforces Image Scan’s position as a trusted supplier of portable X‑ray solutions to government and military customers. We look forward to supporting the customer as deliveries commence.”

For further information on the Company, please visit: www.ish.co.uk and for further information on its products, please visit: www.3dx-ray.com

 

-ENDS-

 

Image Scan Holdings plc                                                                Tel: +44 (0) 1509 817400

Vincent Deery CEO

Sarah Atwell-King, CFO & Company Secretary

 

 

Zeus – Nominated Advisor and Corporate Broker                        Tel: +44 (0)203 829 5000

Mike Coe/James Bavister (Investment Banking)

 

ABOUT IMAGE SCAN HOLDINGS PLC

About Image Scan Holdings plc

The core activity of the Group is the manufacture of portable X-ray systems for security and counter terrorism applications. The Group recently launched a cabinet X-ray machine and is replacing its Axis range of checkpoint X-ray systems with new machines developed with a partner. All these products are taken to market across the world through a strong network of international partners.

 

In addition, over the last seventeen years, Image Scan has developed and manufactured industrial X-ray inspection systems, the MDXi range. The primary market for these systems is in automotive emissions control where they are used for quality control inspection of catalytic converters and diesel particulate filters.

 

The visibility and reach of the Company’s 3DX-Ray brand has been further strengthened through a new LinkedIn profile focussed on its EOD and counter-terrorism activities. This can be found at:  https://www.linkedin.com/company/3dx-ray/  

 

For further information on the Company, please visit: www.ish.co.uk – and for further information on its products, please visit: www.3dx-ray.com