New Biosecurity Award from UK MoD

Kromek (AIM: KMK), a global detection company delivering best-in-class solutions for the advanced imaging and CBRN detection markets, is pleased to announce that it has received a new biosecurity award from the UK Ministry of Defence (“UK MoD”) as well as other orders in the CBRN Detection segment worth a total of c. £860k, with the majority to be delivered during the first half of the Group’s current financial year to 30 April 2026.

The Group has received a contract from the UK MoD’s Defence Science and Technology Laboratory, one of the principal government organisations dedicated to science and technology in the defence and security field, to develop novel methods of enhancing the detection of biological agents and incidents. The Group has been awarded £250k for the 18-month project, which is being funded through the UK Government’s Defence and Security Accelerator. This complements Kromek’s existing multi-year contracts for the development of biological-threat detection systems with a UK Government department and with the US Department of Homeland Security, and reflects the Group’s strategy of undertaking customer-funded R&D in this area of activity.

Additionally, the Group has received several orders from global customers in the nuclear security segment as outlined below:

• The Group has received an order of $470k for its D5 detectors under a pre-existing Indefinite Delivery, Indefinite Quantity (IDIQ) contract, as announced on 25 April 2024, with a US federal entity for the provision of nuclear security products. To date, the Group has received orders of $1.9m under this IDIQ with up to $1.0m remaining to be ordered before the programme’s expiry. This latest order is due to be delivered in the first half of the Group’s current financial year.

• The Group has received three orders, totalling £252k, for the Group’s D3M detectors from distributors for end customers in Japan, Canada and Bulgaria. The orders are for use by first responders and homeland security and are due to be delivered in the first half of the Group’s current financial year.

Arnab Basu, Chief Executive Officer of Kromek, said:

These latest CBRN detection orders from both public and private sector customers across the UK, US, Japan, Canada, and Bulgaria underscore the global demand for our mission-critical solutions and the broad, growing base of organisations that rely on our technology. We are especially proud to have been awarded a new biosecurity contract by the UK Ministry of Defence, expanding our existing collaboration in nuclear security and reinforcing our position as a trusted partner in national defence. These orders provide increased visibility on our future revenue and reflect the strong momentum building in this segment. We look forward to reporting further progress as we continue to scale and deliver on our strategy.