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The security and defence product manufacturer Digital Barriers plc reports two new contract awards in its Asia Pacific region.
The first is a follow-on contract with a defence agency in Asia Pacific to supply its ISP product for use in the protection of a maritime security zone. This follows on from an initial contract secured with the same customer in June 2015, valued at £0.3m, which was delivered in the first half of the year. The new contract is valued at £1.45m. The firm says that its ISP solution provides real-time video surveillance and intrusion alerts for remote and inaccessible locations. ISP enables live video streaming and intrusion data to be shared at local, regional and national levels across multiple agencies.
The second award is for the Group’s ThruVision product, with a government agency in Asia Pacific. The contract is valued at £0.45m and also for delivery this financial year. ThruVision shows person-borne threats to life or illicit goods concealed under clothing. The passive technology can detect metal and 3D-printed guns, liquid and solid explosives, and trafficked contraband such as currency and drugs through multiple layers of clothing at stand-off distances of 10 to 15m the makers say.
Zak Doffman, Chief Executive Officer of Digital Barriers said: “Our ISP solution is generating increasing interest and is now being used successfully to protect high-profile, hostile and remote locations. ISP contracts often carry significant follow-on potential, including access to national-level defence budgets. This particular contract is the second from the customer this year and we expect long-term engagement with them in the region. There is also increasing interest in our ThruVision technology to protect high-throughput public places. Ten years and tens of millions of pounds have been invested in the technology, and the current generation, which only launched a year ago, is the first capable of mass deployments in the real world. ThruVision is mobile and plug and play, it requires no special infrastructure or integration, and once switched on is working in minutes.
“These two contract awards continue our strong sales momentum. We secured more than £3m of new sales in November, and our year-to-date sales for delivery this year have increased 57pc overall on the same period last year, and 140pc in our international business. All of this gives us increasing confidence in an operationally break-even second half to the financial year.”