County Durham tech firm Kromek says it is on track to significantly increase full year revenues on the back of new and repeat orders.
The radiation detection specialist, based at NETPark in Sedgefield, has published interim results for the six months ended October 31 2021, showing a small rise in revenue from £4.6m to £4.7m. The company also narrowed its pre-tax losses from £3.4m to £3.1m.
Kromek said it had it delivered on existing contracts, won new orders and experienced greater customer engagement on future projects.
Kromek Group plc designs, develops and produces x-ray and gamma-ray imaging and radiation detection products for the medical, CBRNe security, Homeland Security and civil nuclear radiation detection markets.