Rapiscan Systems Receives Contracts for Approximately $7M from U.S. Domestic Nuclear Detection
October 11, 2011 Torrance, CA
Awards Mark Company’s Ability To Enable Next Generation of Weapons of Mass Destruction Detection
Rapiscan Systems, a leading global supplier and manufacturer of security inspection systems for homeland security applications, announced today that Rapiscan Laboratories, its research and development division, was awarded multiple Exploratory Research Program contracts by the U.S. Department of Homeland Security (DHS) Domestic Nuclear Detection Office (DNDO). By conducting transformational research and development initiatives, DNDO’s objective is to enlist technology leaders to advance the country’s nuclear materials detection capabilities. With its leading scientists and engineers, Rapiscan has secured contracts that are incrementally funded for a total obligated value of $2.7 million with additional options that could be exercised for a total value of up to $7 million.
The awards will explore topics relevant to the DNDO Global Nuclear Detection Architecture mission of countering the nuclear terrorism threat. Specifically, in one of the projects, Rapiscan Laboratories will team with Lawrence Livermore National Laboratory to study the data fusion of multiple fission signatures for low exposure vehicle inspection. The other projects involve developing a system to detect shielded nuclear material by collaborating with Arktis Radiation Detectors Ltd in Switzerland and involve developing second generation Auto-ZTM algorithms for detecting high-Z material
Additionally, the obligated value also includes follow-on awards for existing contracts that focus on shielded nuclear alarm resolution.
Ajay Mehra, President of Rapiscan Systems, stated, “These contracts require the unique combination of experience in high-energy x-ray imaging, as well as nuclear, mechanical and electrical engineering that our team possesses. When successfully completed, these threat detection and verification technologies will provide additional inspection capabilities that better protect our nation from weapons of mass destruction being smuggled into the country. The innovative research at Rapiscan Laboratories continues to be at the forefront of combating some of this country’s most serious security threats.”
About Rapiscan Systems
Rapiscan Systems, a division of OSI Systems, Inc. is a leading supplier of high-quality security inspection solutions utilizing X-ray and gamma-ray imaging, and advanced threat identification techniques such as neutron and x-ray diffraction analysis. The company’s products are sold into four market segments; Baggage and Parcel Inspection, Cargo and Vehicle Inspection, Hold BaggageScreening and People Screening. The company has a global installed base of more than 50,000 security and inspection systems. The Rapiscan Systems product line is manufactured at four locations and supported by a global support service network. For more information on Rapiscan Systems, please visit www.rapiscansystems.com.
About Rapiscan Laboratories
Rapiscan Laboratories, based in Sunnyvale, California, is the research and development arm of Rapiscan Systems and focuses on leading-edge government research and development programs in the area of non-intrusive inspection (NII) of people, baggage and cargo for contraband such as explosives, drugs, chemicals and nuclear material. Employing such technologies as x-ray radiography, x-ray computed tomography, neutron- and photon-based threat material detection and identification, many of the developments at Rapiscan Laboratories are incorporated into Rapiscan Systems security products.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include information regarding the company's expectations, goals or intentions