Spectra Systems Secures EU Postal Stamp Contract

Spectra Systems ( (GB:SPSY) ) has shared an announcement.

Spectra Systems Corporation’s Cartor Security Printers division has secured a five-year contract to produce definitive postage stamps for a European Union postal supplier. The contract, valued between $3 million and $4 million, highlights Cartor’s innovative hybrid stamp solutions with 2-D barcode serialization, enhancing security and reducing counterfeiting and stamp reuse.

More about Spectra Systems

Spectra Systems Corporation specializes in machine-readable high-speed banknote authentication, security printing, brand protection technologies, and gaming security software.

YTD Price Performance: -7.69%

Average Trading Volume: 45,689

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £105.6M

See more data about SPSY stock on TipRanks’ Stock Analysis page.