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Kromek Group Addressable market increases considerably with exciting new development (Interview)

Kromek Group plc (LON:KMK) CEO Arnab Basu joins DirectorsTalk to discuss its DARPA-sponsored project to develop device and technology to detect and identify pathogens in an urban environment. Arnab explains what the project entails, what this means for the company, confidence on delivering on time and what else investors should be looking out for over the coming months.

Kromek Group is a technology group (global HQ in County Durham) and a leading developer of high performance radiation detection products based on cadmium zinc telluride (“CZT”) and other advanced technologies. Using its core technology platforms, Kromek designs, develops and produces x-ray and gamma ray imaging and radiation detection products for the medical, security screening and nuclear markets.

The Group’s products provide high resolution information on material composition and structure and are used in multiple applications, ranging from the identification of cancerous tissues to hazardous materials, such as explosives, and the analysis of radioactive materials.

The Group’s business model provides a vertically integrated technology offering to customers, from radiation detector materials to finished products or detectors, including software, electronics and application specific integrated circuits (“ASICs”).

The Group has operations in the UK and US (California and Pennsylvania), and is selling internationally through a combination of distributors and direct OEM sales.

Currently, the Group has over one hundred full-time employees across its global operations. 

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.