Kromek Share Discussion Threads

[33mick] 16/8/2021 08:45

The Bio/Patho detection system will no doubt be on full 'video' display here too this week I assume with jazzy presentations and bubbly.

"Kromek are excited to be exhibiting and showcasing our range of detectors at the 2021 CBRN Defense Conference & Exhibition."

8/16/2021 - 8/18/2021
Hilton Baltimore Inner Harbor
401 W Pratt Street
Baltimore, MD 21201

At the CBRN Defense Conference & Exhibition you can experience the collaboration across the whole of the Government, with industry, to highlight a team of teams concept, which is a top priority for the Department of Defense. The Pentagon is committed to accelerating and adapting the traditional acquisition process to improve readiness and modernize the Joint Force and respond to our Nation’s defense. Anticipate in-depth discussions on evolving threats, requisite future capabilities and capacities for response and pandemic preparedness, acquisition reform, and the future of warfighter training and readiness.

hTTps://www.ndia.org/events/2021/8/16/2021-cbrn

[aqc888] 16/8/2021 07:51

As someone who has over 10% of their portfolio in Kromek and views it as a strong buy, I’m not very unbiased. But I’m just flabbergasted at how unresponsive the share price is to the upcoming seemingly very positive news regarding the detector. The market doesn’t seem to be interested or believe it works. It’s going to be a very sudden rise I suspect when it’s revealed it works - with the data and orders from clients that have been working with Kromek developing the detector on the 14th September.

[aqc888] 16/8/2021 07:11

So the Annual results seem to say that the machine has performed well in the third party tests - equivalent to a pcr test. Also that they have been working with potential clients. I’d say 14th September will be the very latest date to expect exciting news that hits the headlines... Think it would take some airline like BA to say they are trialling it before it hits the headlines

[fanramptastic mate] 15/8/2021 21:12

yep, exciting times

[strategicinvestor2] 15/8/2021 20:19

Impressive progress…..

[aqc888] 15/8/2021 20:04

Hopefully that moment will come at the dsei exhibition on the 14th September...

[aqc888] 15/8/2021 20:01

Interesting to see that they have been ‘engaged with potential customers for the system to develop future deployment models and identify how it can best fit their needs ahead of further customisation.’;
What we need is for one of these “potential customers” (hopefully a blue chip airline, cruise company?) to publicly state they are purchasing the machine to gather press and wider attention from other potential clients... I think we’ll have to wait for irrefutable evidence that the machine works and that there are buyers for the machine before the share price really starts to take off

[aqc888] 15/8/2021 19:12

Full summary from Kromeks Annual report regarding the biological pathogen detector;

The current COVID-19 pandemic highlighted that the UK is ill equipped to monitor and track the evolution of emergent pathogens, and that we fail to be proactive in the management of outbreaks.
Long before anyone had even heard the word ‘COVID’, Kromek had been working with the Defense Advanced Research Projects Agency (“DARPA”), an agency of the US Department of Defense, to develop a biological threat detection system that senses, analyses and identifies airborne pathogens under a programme established to combat bioterrorism.
The onset of the pandemic allowed us to focus on adapting our technology for applications specifically related to COVID-19 detection. This included work funded under a programme by Innovate UK.
During the year Kromek announced it had developed the world’s first COVID-19 (including variants) detection system using a targeted assay to sample air and confirm if the disease is present.
The COVID-19 detection system is fully autonomous, unmanned, and combines best-in-class technologies for air sampling, biological testing, and data management.
Designed to be used indoors or outdoors, in static
or mobile form factors, the system can be run continuously or as required and actively reports either the presence or absence of COVID-19 every 30 minutes.
• Highly accurate
• Highly sensitive
• Ultra-low false positive rates
• Fully automatic
• Runs autonomously for 24/48 sam

The speed and accuracy of reporting means you need no longer wait until someone is symptomatic
in a group of people. Localised monitoring enables
a detailed understanding of the spread of a disease, allows mitigating actions to be taken such as targeted testing and decontamination. These actions prevent the isolation of individuals, groups, businesses and public areas, thus ensuring minimum disruption to the economy and assures future preparedness.
Of course, the most effective places for this equipment to be sited is in high traffic areas such
as airports, schools, hospitals, and supermarkets. We have engaged with potential customers for the system to develop future deployment models and identify how it can best fit their needs ahead of further customisation.
Pilot schemes for the COVID-19 detection system have been launched at two international airports and have been expanded to include schools and other locations.
We have also engaged in validation of the technology in third party laboratories and the results are very positive for all major markers, including detection levels, sensitivity and false alarm rates, making the technology performance comparable to existing RT PCR test protocols.

[aqc888] 15/8/2021 19:03

From Kromeks annual report released on Friday;

“We have also engaged in validation of the technology in third party laboratories and the results are very positive for all major markers, including detection levels, sensitivity and false alarm rates, making the technology performance comparable to existing RT PCR test protocols.”

[b00mb0y] 14/8/2021 07:38

They should hold the AGM with a packed house of shareholders and a pathogen detector in situ. We could then see the results for ourselves without the need to wait for “the coming days”

[aqc888] 13/8/2021 19:01

Feeling confident Kromek share price will perform exceedingly well in the coming months.

[aqc888] 13/8/2021 18:58

Looks promising, AGM on 8th September, just before the trade show where the new biological pathogen detector will be showcased.

[strategicinvestor2] 13/8/2021 16:42

AGM is on 8 September

[strategicinvestor2] 13/8/2021 16:41

AGM is on 8 September.

[abbynat] 13/8/2021 15:56

so, an agm without any presentation!

[33mick] 13/8/2021 14:29

New article on Kromek's New hand held

D5 RIID

The Art of Normal - from page 57

hTTps://cbnw.co.uk/magazine/2021-2/?utm_content=176082726&utm_medium=social&utm_source=twitter&hss_channel=tw-2967539429

[abbynat] 11/8/2021 16:33

not been impressed by earlier videos/presentations of their handheld devices, dynamic they weren't! poor attempts! but, the tech is obviously very encouraging, just need to up the presentation of the products etc. i'm sure they will though.
at least they seem to be on an upwards curve for a change!

[aqc888] 11/8/2021 15:51

I’m hoping the biological pathogen detector won’t be just some side product, but rather the launch of the product with the accredited trial data and that it’s available for sale. Doesn’t seem to be much fanfare though for the launch of such an important machine to Kromek, so was wondering how important this exhibition is to the defence industry. Is it an important show - like in the car industry where they unveil the latest model with all eyes watching. Or some unimportant event

[aqc888] 11/8/2021 15:45

Thanks fanramp, I was referring to the information regarding the trial results to prove it all works. Hopefully they will release this information at the exhibition. Hopefully it will also be the product launch where orders can start being taken for the machine...

[strategicinvestor2] 11/8/2021 15:21

Looks like ship is sailing here to her in below 20p …..

[fanramptastic mate] 11/8/2021 13:23

already posted by mick

Kromek Group - DSEI 2021 - Powering Progress, Defining Your Future

"We have a range of handheld and wearable devices. Our flagship product, D5 RIID is the world’s smallest, lightest and safest RIID, which we will be demonstrating at the show. We will also be showcasing our Bio Threat Detection System, which also detects the Covid-19 virus."

hTTps://www.dsei.co.uk/exhibitors/kromek-group

[aqc888] 11/8/2021 10:56

Does anybody know whether the dsei exhibition is where defence companies release information about their latest products? Seems likely to me this is where the details of the biological pathogen detector will be exhibited. But there seems such little fanfare created by Kromek regarding the exhibition I’m doubting it will. I hope Kromek don’t dribble out details bit by bit regarding this detector, the CEO needs to show some showmanship and create some excitement... The date of the exhibition does seem to tie in with the date Simon Thompson suggested results would be released and my estimatation of when results would be ready

[aqc888] 11/8/2021 10:48

Relieved to see the share price seems to be stabilising at around 20p.

[33mick] 10/8/2021 21:34

Bio Watch and BD21 are never long out of the news it seems.

The timing for Kromek's Patho detection systems couldn't come at a better time as far as the Dept Homeland Security are concerned.

"The DHS’s Countering Weapons of Mass Destruction (CWMD) Office has been working to fix the deficiencies since 2018, when it unveiled the Biological Detection for the 21st Century (BD21) program. This technology has also had problems, generating false alarms by confusing biological threat agents with common material such as pollen, soil, and diesel exhaust, according to the May GAO report."

Failure to Upgrade Biosurveillance Tech Limits Ability to Detect Biological Attacks, House Panel Told

hTTps://www.theepochtimes.com/mkt_app/failure-to-upgrade-biosurveillance-tech-limits-ability-to-detect-biological-attacks-house-panel-told_3908250.html

[33mick] 10/8/2021 10:27

Well the full testing for the DARPA spec units will have to be conducted in a secure bio lab installation such as Porton Down.
There's never been a specification mentioned as such of the actual pathogens it's designed to combat but it's always been described as ALL etc.
But it's very encouraging news and the MoD recently awarded contact opens many doors to full on UK testing before prototypes are sent to the States.