First Central Bank Order - Fusion Polymer Banknote
Summary by AI BETAClose X
October 27, 2026
Spectra Systems Corporation
("Spectra" or the “Company”)
First Central Bank Order for Fusion Polymer Banknote Substrate
Spectra Systems Corporation, a leader in machine-readable high speed banknote authentication, brand protection technologies, security printing and gaming security software, is pleased to announce that the Company has received its first order for FusionTM polymer banknote substrate from the Central Bank of Egypt. The order is for a substantial number of banknotes and whilst the revenue from the order is not material in the context of the Company’s expected revenue for the year ending 31 December 2026, its significance lies in Spectra having qualified FusionTM substrate with a major central bank for the first time.
Dr. Nabil Lawandy, Chief Executive Officer, stated: “We are delighted to have qualified our substrate with the Central Bank of Egypt (CBE) which has one of the highest quality standards in the industry. We are optimistic that this order will be followed by an invitation to bid in the next CBE tender”
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of UK MAR.
The person responsible for arranging the release of this announcement on behalf of the Company is Dr. Nabil Lawandy, Chief Executive Officer of the Company.
Enquiries:
Spectra Systems Corporation Dr. Nabil Lawandy, Chief Executive Officer
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Tel: +1 (0)401 274 4700
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Zeus (Nominated Adviser and Joint Broker) James Joyce / Andrew de Andrade (Investment Banking)
Allenby Capital Limited (Joint Broker) Nick Naylor / James Reeve (Corporate Finance) Amrit Nahal (Sales and Corporate Broking) |
Tel: +44 (0)20 3829 5000
Tel: +44 (0)20 3328 5665
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