1st Detect, Inc., a subsidiary of Astrotech (NASDAQ:ASTC), has partnered with Smiths Detection Inc.- a subsidiary of Smiths Group (LSE: SMIN, ADR: SMGZY) to develop next generation explosives trace detection (ETD) systems for the Department of Homeland Security Science and Technology Directorate (DHS S&T) using 1st Detect’s breakthrough chemical analyzer technology.
Smiths Detection Inc. is currently one of three TSA prime contractors and an incumbent ETD provider. This development contract represents the first phase and is expected to last 24 months. Subsequent phases include design for manufacturability followed by procurement.
Smiths Detection and 1st Detect will work together towards providing a revolutionary next generation solution helping to enhance passenger and carryon baggage screening as well as other homeland security operations.
“We are very excited to be working with Smiths Detection on this worldwide opportunity,” said Thomas B. Pickens III, Chairman and CEO of Astrotech and 1st Detect, Inc. “We have been working for years to position our technology to reach the high level of performance needed to be selected by both the DHS and Smiths Detection. Being selected for this important program validates both our technology and our long term corporate strategy.”
Source: Astrotech Corporation
Date: Mar 9, 2016