Semiconductors and Semiconductor Equipment
Company Overview of Kromek Group plc
Kromek Group plc designs, develops, and produces cadmium zinc telluride based x-ray imaging and radiation detection products for the medical, security screening, and nuclear markets. The company’s nuclear detection products include Kromek GR1, a gamma ray (GR) spectrometer; GR1-A, a USB-powered gamma spectrometer; RadGrid, a radiation detection network; RadAngel, a personal radiation detector; MultiSpect spectrometry software for use with Kromek GR1 and GR1-A; and RayMon10, a hand-held radiation monitor. Its products also comprise Quant, a quantitative activity analysis module for RayMon10; RadViz, a CZT-based nuclear characterization system; Food Inspector, a monitor to detect radioactive c...
Thomas Wright Way
Sedgefield, TS21 3FD
Founded in 2003
Key Executives for Kromek Group plc
Chief Executive Officer
Total Annual Compensation: $204.6K
Compensation as of Fiscal Year 2013.
Kromek Group plc Key Developments
Kromek Group plc Appoints Mr. Derek Bulmer as Executive Director
Dec 10 13
Kromek Group plc announced that Mr. Derek Bulmer has been appointed to the company's Board as an Executive Director with immediate effect. Mr. Bulmer has held the position of Chief Financial Officer at Kromek since 2010 and will continue in this role. Derek qualified as a Chartered Accountant in 1992 and more recently as a Barrister following his call to the bar at the Middle Temple in July 2010. Most recently, Derek worked as Finance Director of privately owned groups in both the IT and Oil & Gas industries. Derek is a director of consultancy firm, DB LMS Ltd.
Kromek Receives Order for $990,000 to Supply its Cadmium Zinc Telluride Detectors
Nov 5 13
Kromek announced that it has received an order for $990,000 to supply its Cadmium Zinc Telluride (CZT) detectors to a long standing Original Equipment Manufacturer (OEM) customer in the Single Photon Emission Computed Tomography (SPECT) market. The majority of the order is expected to be completed and delivered in the current financial year and represents the conversion of a previously obtained letter of intent from this customer. In addition, the Company announced that it has received its expected $1 million first year exclusivity payment from a top four OEM in the Computed Tomography (CT) market, as part of its $5.3 million mutually exclusive development contract (as detailed in the Admission Document dated 10 October 2013) for developing and supplying CZT based multispectral (colour) detectors, as part of an initial 2 year programme. The global CT market is estimated to grow to $5.1 billion by 2017 and represents one of the major diagnostic modalities in the medical imaging markets worldwide. The Company reported that the development programme is progressing as per plan.
Kromek Mulls Acquisitions
Sep 13 13
Kromek, Ltd. is seeking acquisition opportunities. Arnab Basu, Chief Executive Officer of Kromek, said, "To that end, admitting to AIM is an attractive option, providing the company with both access to capital and tradable equity should acquisition opportunities arise in the future.”
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