ASX Notice 29/9/21

MICRO-X SIGNS US DEPARTMENT OF HOMELAND SECURITY CONTRACT FOR AIRPORT SECURITY PORTAL

Key Points

•  Micro-X has now commenced design work for the overall Airport Portal • Contract worth up to approximately US$2.5M
•  Micro-X leads a global team of subcontractors to integrate overall solution
•  High reliance on automated threat detection to increase security and reduce operational costs

I missed this notice earlier. I normally use Commsec for ASX notices, but for some reason they wouldn't load this morning. They are back now...

ASX Announcement 29/9/21

MICRO-X SIGNS BAGGAGE X-RAY DEVELOPMENT CONTRACT WITH US DEPARTMENT OF HOMELAND SECURITY

Key Points

•  Micro-X Inc. executes its second contract with DHS related to Airport Checkpoint Portal - up to approximately US$1.5m
•  Micro-X will develop a prototype of the new miniature, self-service x-ray scanner
•  Image Reconstruction and Automated Threat Recognition software for carry-on baggage screening will be developed at Micro-X’s new Software Center of Excellence in Seattle
• Micro-X investing beyond the contract requirements to develop the scanner for broader applications in government and commercial buildings, public transport systems and public events

DISC: I hold

Edit~disclosure