Business & Economy
NETPark-based tech firm Kromek secures $17 million US deal
October 26, 2021
A technology firm known for helping thwart terror plots has secured a contract worth more than $17 million to help a client improve product quality.
Sedgefield’s Kromek Group is supplying detection equipment to a US-based international operator.
The seven-year deal follows progression of a development programme that saw NETPark-based Kromek provide a cadmium zinc telluride-based (CZT) detector solution to help its client identify contaminants during production.
Bosses say CZT detectors enable higher quality of imaging with the ability for more accurate and reliable identification of materials.
Dr Arnab Basu, Kromek chief executive, [pictured below] said: “We are delighted at the success of our collaboration with our customer who has substantial global operations and market share in this sector.
“Our customer is dedicated to introducing best-of-breed solutions in their next-generation products to ensure we can live healthier and safer lives.
“We anticipate developing further products for this customer to support their ambitions.”
The deal comes a month after Durham University spin-out Kromek secured a contract worth more than £1 million to support America’s fight against terror.
The business is sending wearable radiation detection equipment to a US federal entity across a two-year deal.
It is already engaged in a long-term relationship with the Defense Advanced Research Projects Agency (DARPA).