Thruvision Group (AIM:THRU), the AIM-listed maker of walk-through security screening technology, said its principal regional partner in Asia has won a contract expected to generate more than £3 million of revenue for the company.
The deployment covers multiple high-throughput people-screening systems across several major South-East Asian airports, focused on screening aviation workers and mitigating insider-threat risks.
It marks Thruvision's largest Asian deployment to date and its third contract worth more than £1 million in the region within 14 months, following the successful use of multiple WalkTHRU lanes at a major cultural event in South-East Asia last year.
Chief executive Victoria Balchin called it "our largest contract award in Asia to date" and "our second major regional order this calendar year", adding that working with experienced regional partners "allows us to address these evolving security challenges at scale".
Insider-threat mitigation is becoming a growing priority for airport operators alongside traditional passenger screening, with similar demand emerging in events, prisons, logistics and other critical infrastructure, Thruvision said.
Delivery of the contract is expected during the second half of the financial year ending 31 March 2027.
News Intelligence what this means for the company
Thruvision's Asia regional partner has secured a £3m+ contract to deploy the company's worker-screening systems across multiple South-East Asian airports, marking its largest Asian deployment to date and its third contract worth more than £1m in the region within 14 months. Revenue recognition is expected in H2 FY27 (ending 31 March 2027), and the win signals growing airport demand for insider-threat screening alongside traditional passenger security.
For a 39-person AIM-listed security-tech company, a £3m+ contract represents material revenue visibility in a high-margin software/hardware sector. The deal validates Thruvision's regional partnership model and demonstrates repeat customer appetite in Asia—a geography where the company had limited traction until recently—though execution risk remains until delivery in H2 FY27.
Insights assembled by AI. Editor-reviewed and grounded in tickstock’s coverage and proprietary knowledge graph.
Content is for informational purposes only, not financial advice.
