Contract Award

Summary by AI BETAClose X

Image Scan Holdings plc announced that its subsidiary, 3DX-RAY Ltd, has secured two new orders for its MDXi-400 industrial X-ray inspection systems from an existing customer in the automotive manufacturing sector, with installations planned for Korea and Brazil to support catalytic converter production quality assurance. These orders, which will bring the total number of 3DX-RAY systems supplied for this application to over 65 worldwide, underscore continued demand for advanced X-ray inspection technology in the automotive supply chain, despite the industry's transition towards electrification. This announcement is classified as a Reach announcement and is not considered material to the company's performance expectations.

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