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PEG Petards Group Plc

6.75
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Petards Group Plc LSE:PEG London Ordinary Share GB00B4YL8F73 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.75 6.50 7.00 6.75 6.75 6.75 25,143 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Security Systems Service 10.87M 524k 0.0093 7.26 3.82M

Petards Group PLC eyeCraft360 British Army trial success

03/08/2020 7:00am

RNS Non-Regulatory


TIDMPEG

Petards Group PLC

03 August 2020

RNS Reach - This is a non-regulatory announcement

3 August 2020

PETARDS GROUP PLC

("Petards" or the "Group")

World's first military 360 degree spherical camera technology successfully trialled by the British Army

Petards, the AIM quoted developer of advanced security and surveillance systems announces today that, further to the Final Results announcement on 18 June 2020, in partnership with the British Army's Armoured Trials and Development Unit at Bovington, its 'eyeCraft 360' spherical video system has completed successful trials.

Developed by Petards, the eyeCraft360 is the world's first military grade 360 spherical view camera system. It dramatically improves local situational awareness for armoured vehicles and provides a welcome boost to crew safety by reducing blind spot distances.

Serving soldiers in heavy armour, light armour and mounted infantry roles put the eyeCraft360 through its paces across a wide range of challenging terrains, light conditions and tactical exercises.

The eyeCraft 360 was developed as a simple to install, rapid and cost effective capability boost for all in-service armoured vehicles in response to the growing need for improved close-range awareness.

Raschid Abdullah, Chairman of Petards Group plc said; "We were delighted by the enthusiastic response the trials team gave to the system and look forward to it becoming an essential component in pursuit of the best available protection for the UK's military personnel and for other approved markets"

Contacts:

 
 Petards Group plc            www.petards.com 
 Raschid Abdullah, Chairman   Mb: 07768 905 004 
 
 

More information including a video of the eyeCraft 360 in action is available at www.eyecraft360.com .

For additional information, demonstrations and orders please email defence@petards.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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(END) Dow Jones Newswires

August 03, 2020 02:00 ET (06:00 GMT)

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