Panama Canal Order

RNS Number : 3178A

SRT Marine Systems PLC

02 February 2022

 

SRT MARINE SYSTEMS PLC

(AIM: SRT)

("SRT" or the "Company")

Panama Canal Order

SRT Marine Systems plc ('SRT'), a global provider of next generation integrated maritime domain and coastal surveillance and monitoring systems for National Coast Guards and Fishery authorities is pleased to announce that it's em-trak Marine Electronics ('em-trak') subsidiary has received a contract to supply commercial AIS Class A transceivers to the Panama Canal.

em-trak is a wholly owned subsidiary of SRT and sells em-trak branded AIS transceivers to commercial and leisure vessels worldwide, directly online and through a growing worldwide network of over 1,200 dealers. The order for AIS Class A transceivers has been received via an em-trak local dealer. AIS Class A transceivers are IMO certified for use on commercial vessels and will be installed on tugboats and other official commercial service vessels operating along the Panama Canal to enhance operational safety and efficiency.

SRT's growing transceivers division, is the world's largest developer and provider of AIS transceivers, having manufactured and delivered over 350,000 devices to date. The division has three separate operating divisions: em-trak which provides em-trak branded products for commercial and leisure vessels direct to owners and via a network of dealers, Digital AIS AtoN Systems (DAS), which provides specialist AIS AtoN navigation and remote environment monitoring systems, and OEM & Module which provides customer customised AIS product solutions to marine electronics manufacturers wanting their own range of AIS transceivers for sale under their own brand.

  Simon Tucker, CEO of SRT Marine Systems, commented:

" Like the Suez Canal, the Panama Canal is a critical strategic commercial shipping route and AIS is increasingly relied upon to ensure its smooth and safe operation. The selection of em-trak AIS transceivers for its own service vessels adds Panama Canal to a growing list of leading global marine agencies who choose AIS transceivers developed and manufactured by SRT due to the well-known performance and reliability of our products."

For further information, please contact:
SRT Marine Systems plc		www.srt-marine.com  + 44 (0) 1761 409500
Simon Tucker (CEO)		[e-mail]
Louise Coates (Marketing Manager)		[e-mail]
finnCap Ltd (NOMAD & Broker)
Jonny Franklin-Adams / Teddy Whiley (Corporate Finance)		[phone]
Tim Redfern / Charlotte Sutcliffe (ECM)

About SRT Marine Systems plc:

SRT Marine Systems PLC is a global company which develops and provides integrated maritime surveillance, monitoring, management and safety systems used by coast guards, fishery authorities, infrastructure and vessel owners for the purposes of managing and controlling their maritime domain.  Applications include security, safety, search & rescue, law enforcement, fisheries management, illegal fishing detection and environment monitoring. 

 

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