AI Terminal
SRT MARINE SYSTEMS PLC
Business and Financial Review • Nov 9, 2022
7929_rns_2022-11-09_1927503c-0b65-4a99-8ae3-8f5e452a7e64.html
Business and Financial Review
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
RNS Number : 7382F
SRT Marine Systems PLC
09 November 2022
SRT MARINE SYSTEMS PLC
(AIM: SRT)
("SRT" or the "Company")
New System Contract - SE Asia Coast Guard
SRT Marine Systems plc ('SRT'), a global provider of next generation integrated maritime domain and coastal surveillance and monitoring systems for National Coast Guards and Fishery authorities is pleased to announce that it has signed a contract with a new customer to provide a national Coast Guard in SE Asia with an initial SRT-MDA System maritime monitoring system.
The contract is for the provision of a small system that will enable the Coast Guard to co-ordinate several other national agencies when identifying and scheduling vessel inspections for safety, law enforcement and security purposes. The project is expected to be completed prior to March 2023.
The end customer is a significant national coast guard, and this contract is the first step on their long-term strategy to build up a significant next generation professional national integrated maritime surveillance and intelligence system.
Simon Tucker, CEO of SRT Marine Systems, commented:
"We are delighted to have signed this new contract and open another new long-term market and customer for our maritime surveillance system solutions. Whilst this first contract is small, it is strategically important for SRT given their ambitious future maritime surveillance plans."
| For further information, please contact: | |||
| SRT Marine Systems plc | www.srt-marine.com + 44 (0) 1761 409500 |
||
| Simon Tucker (CEO) | [email protected] | ||
| Louise Coates (Marketing Manager) | [email protected] | ||
| finnCap Ltd (NOMAD & Broker) | |||
| Jonny Franklin-Adams / Teddy Whiley (Corporate Finance) | +44 (0) 20 7220 0500 | ||
| Tim Redfern / Charlotte Sutcliffe (ECM) | |||
About SRT Marine Systems plc:
SRT Marine Systems PLC is a global company which develops and provides integrated maritime surveillance, monitoring, management and safety systems used by coast guards, fishery authorities, infrastructure and vessel owners for the purposes of managing and controlling their maritime domain. Applications include security, safety, search & rescue, law enforcement, fisheries management, illegal fishing detection and environment monitoring.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
CNTEAXFPEFKAFFA