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An update from Micro-X Ltd. ( (AU:MX1) ) is now available.
Micro-X Ltd has secured a $6.0 million contract extension from the U.S. Department of Homeland Security to continue its development of self-screening airport checkpoints. This extension funds the creation and testing of additional checkpoint units, marking progress towards airport testing with passengers, and underscores Micro-X’s industry positioning as a leader in advanced security and imaging technologies.
More about Micro-X Ltd.
Micro-X Limited is an ASX-listed hi-tech company specializing in the development and commercialization of innovative products for the global health and security markets. The company utilizes proprietary cold cathode, carbon nanotube emitter technology to create x-ray products that are smaller, lighter, and more energy-efficient, enhancing mobility and usability. Micro-X has a fully integrated design and production facility in Adelaide, Australia, and is expanding its U.S. presence with a growing team in Seattle.
YTD Price Performance: -11.25%
Average Trading Volume: 494,194
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$48.16M
Learn more about MX1 stock on TipRanks’ Stock Analysis page.
