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OSI Systems Receives $17 Million Order for Cargo and Vehicle Inspection Systems
July 8, 2024 | BUSINESS WIREEstimated reading time: Less than a minute
OSI Systems, Inc. announced that its Security division received an order valued at approximately $17 million from an international customer for cargo and vehicle inspection systems. Among the systems to be provided are the Eagle® P60 high-energy, drive-through cargo and vehicle inspection system and the T60 trailer-mounted vehicle inspection system. The Company also expects to provide system installation, training and multi-year service and maintenance support.
OSI Systems’ Chairman and CEO, Deepak Chopra, commented, “We are always excited to collaborate with our customers to enhance their security infrastructure. Our comprehensive suite of inspection systems, combined with our dedicated service and support, are designed to effectively and reliably meet stringent security demands.”
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Indie Semiconductor Extends Automotive Photonics Leadership with Advanced Optical Component Integration Capabilities
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RTX's Raytheon Awarded U.S. Army Contract for Wireless Power Beaming Technology
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Biden-Harris Administration: Akash Systems to Support Emerging Semiconductor Technology
11/14/2024 | U.S. Department of CommerceThe Biden-Harris Administration announced that the Department of Commerce and Akash Systems have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $18.2 million in proposed direct funding under the bipartisan CHIPS and Science Act. This investment will enable the company to leverage its intellectual property and experience of developing semiconductor technologies that serve important end markets, such as communications and the defense industrial base, while also creating over 400 direct manufacturing and construction jobs.