Petards subsidiary receives order from UK police force
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Security and surveillance systems developer Petards Group has received an order from one of the UK's largest police forces.
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Petards revealed on Monday that its QRO Solution subsidiary had won the order, worth around £350,000, adding a new police force to its list of customers.
The AIM-listed group stated the order was for the supply of QRO's Q-Box Merlin IP in-vehicle ANPR solution with high-definition DVRs, which the end customer will be fitting to a number of vehicles in its fleet.
Petards added that the order was expected to be fully delivered during 2024.
Chairman Raschid Abdullah said: ""We are delighted to add this police force to the list of customers who have selected QRO's ANPR solutions, further building upon QRO's position in the UK as a leading supplier of ANPR technologies.
"It is very pleasing to see QRO making such a strong start to 2024, with this order following so soon after the recently announced £400,000 order for its new Harrier AI camera."
As of 1030 GMT, Petards shares had surged 26.15% to 7.38p.
Reporting by Iain Gilbert at Sharecast.com