Spectra Systems Corporation (LSE:SPSC), a provider of machine-readable banknote authentication and security printing technologies, has secured a second additional sensor order expected to generate $1.4m in revenue, with deliveries scheduled between 2026 and the second quarter of 2027.
The order comes from an affiliate of the same customer that awarded Spectra its $39.6m sensor contract announced in July 2024, extending the technology's reach further across that customer's organisational structure.
"We are delighted to receive a second additional requirement for our sensors, reaffirming the degree to which our technology underpins security throughout our customer's organizational footprint," said chief executive Dr. Nabil Lawandy.
The $1.4m contract is modest relative to the original award but signals that the underlying customer relationship is broadening beyond the initial programme, with the technology now adopted by a second affiliated organisation within the same network.
Deliveries are expected to run through to the second quarter of 2027.
