# Spectra Systems signs $37.9M sensor manufacturing contract

Spectra Systems Corporation entered into a contract worth $37.9 million to manufacture sensors for an existing central bank customer. A second tranche of $1.7 million is expected later in 2024, bringing total to $39.6 million.

- Type: Contract
- Announced: 2024-07-16
- Value: $37.9M
- Status: announced
- Products: sensors for banknote authentication
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Spectra Systems Corporation](https://endata.com/companies/73367.md)

## Sources

- [investing.thisismoney.co.uk](https://investing.thisismoney.co.uk/rns/news/34427746), 2024-07-16: "Spectra Systems Corporation is pleased to announce that on 15 July 2024 it entered into a contract worth $37.9 million to manufacture sensors for an existing central bank customer."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.