Petards Group PLC (AIM: PEG) – Another significant contract win
Petards, the AIM quoted developer of advanced security and surveillance systems, has today announced that it has received a significant order to supply Siemens Mobility Division ("Siemens") with Petards eyeTrain products.
Petards Group is a world-wide leader and established innovator in the sectors of Transport, Emergency Services and Defence. The eyeTrain portfolio grew out of the Groups market-leading on-train CCTV solution, which was introduced over 10 years ago. Since then the portfolio has grown to include Passenger Counting Systems, Condition Based On-Board Monitoring, Passenger Information Systems and Public Address Systems. The systems have been chosen and installed on over 6000 rail vehicles around the globe. Today’s order, worth in excess of £1.5 million, adds to a run of major contract wins of this technology over the last few months. For example,…