OSI Systems, Inc. (the "Company" or "OSI Systems") (NASDAQ: OSIS) today announced that its Security division received orders from its Scandinavian distributor for approximately $13 million to provide various screening technologies.
The Company will provide 920CT checkpoint baggage scanners, Orion® baggage scanners and Metor® 900M walk-through metal detectors, along with integration software, for two major Scandinavian airport operators.
OSI Systems’ Chairman and CEO, Deepak Chopra, commented, "We are proud to work closely with our distributor on these awards. Our products are expected to be deployed at two airports and used for screening of outbound passengers, carry-on baggage, hold baggage and air cargo.”
Key data points: The growth forecast is 12.5% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities, and forecasts in the hand geometry biometrics market to 2031 by type (biometric software and palm scanner), application (access control, contract management, time & attendance, and visitor management), end use (BFSI, building & construction, consumer electronics, education, healthcare, manufacturing, military & defense, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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