New Contract Award
Summary by AI BETAClose X
This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.
IMAGE SCAN HOLDINGS PLC
("Image Scan" or the "Company")
New Contract Award
New Contract Award from a Southeast Asian Customer Approaching £0.5m
Image Scan Holdings PLC (AIM: IGE), the specialist provider of X-ray screening systems, is delighted to announce a significant new contract award from a Southeast Asian customer, approaching £0.5m in value.
The contract is for the supply of ThreatScan portable X-ray systems, and importantly, represents a repeat order from this long-standing regional customer. Delivery of the systems is expected to take place in the current financial year (FY26).
Highlights
· Significant Order: Contract valued at approaching £0.5m.
· Repeat Business: Reinforces the proven quality and reliability of Image Scan's ThreatScan solutions with a valued, existing customer.
· Geographic Strength: Further confirms the Company's successful strategy and strong market presence in the Southeast Asian region.
· Order Book Enhancement: This new order will be added to the Group's robust forward order book, which stood at £4.7m as at 30 September 2025.
Vincent Deery, Chief Executive Officer of Image Scan, commented:
"Securing this repeat contract, approaching £0.5m from a key Southeast Asian customer is a tremendous start to our new financial year. This win is a strong vote of confidence in our portable X-ray technology and underscores the quality of the long-term relationships we build with our international customers.
"Following the operational recovery and profitable second half achieved in the last financial year, as announced last week, our immediate focus is on accelerating the conversion of our substantial order book. This new contract further strengthens our revenue visibility for FY26 and confirms the sustained market demand for Image Scan's high-performance security and defence solutions globally."
For further information on the Company, please visit: www.ish.co.uk and for further information on its products, please visit: www.3dx-ray.com
-ENDS-
Image Scan Holdings plc Tel: +44 (0) 1509 817400
Vincent Deery CEO
Sarah Atwell-King, CFO & Company Secretary
Zeus - Nominated Advisor and Corporate Broker Tel: +44 (0)203 829 5000
Mike Coe/James Bavister (Investment Banking)
ABOUT IMAGE SCAN HOLDINGS PLC
About Image Scan Holdings plc
The core activity of the Group is the manufacture of portable X-ray systems for security and counter terrorism applications. The Group recently launched a cabinet X-ray machine and is replacing its Axis range of checkpoint X-ray systems with new machines developed with a partner. All these products are taken to market across the world through a strong network of international partners.
In addition, over the last seventeen years, Image Scan has developed and manufactured industrial X-ray inspection systems, the MDXi range. The primary market for these systems is in automotive emissions control where they are used for quality control inspection of catalytic converters and diesel particulate filters.
The visibility and reach of the Company's 3DX-Ray brand has been further strengthened through a new LinkedIn profile focussed on its EOD and counter-terrorism activities. This can be found at: https://www.linkedin.com/company/3dx-ray/
For further information on the Company, please visit: www.ish.co.uk - and for further information on its products, please visit: www.3dx-ray.com
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