Rapiscan Systems Receives R&D Award from UK Civil Aviation Authority
Torrance, CA (PRWEB) July 29, 2014 -- Rapiscan Systems, Inc., a leading global supplier of security inspection systems, today announced that it has been awarded a contract by the United Kingdom Civil Aviation Authority (CAA) to determine the feasibility of automatically detecting batteries in air cargo. The contract with the UK CAA, supported by UK Department for Transport funding, calls for Rapiscan to develop advanced detection algorithms to establish the extent to which lithium batteries transported within air cargo can be identified.
“The transport of undeclared lithium batteries through air cargo presents a safety risk that the CAA continues to address,” said Ian Shaw, CAA’s State Safety Programme Manager. “The CAA chose Rapiscan for this important project because they have the technical expertise to gather and process significant test data”.
The International Air Transport Association (IATA) has identified the need to regulate the transport of lithium batteries. According to a recent IATA report, beginning January 1, 2015, lithium-metal batteries transported as cargo will be restricted to cargo aircraft only.
Over the nine-month contract period of performance, Rapiscan will examine various cargo configurations and develop, test, and evaluate advanced image-processing software tools for their efficacy. Results of this study may be used by the CAA to propose new air-cargo handling policies, and may encourage further technology advancement toward the commercial use of software tools to assist air cargo inspectors.
“Rapiscan is pleased to have been chosen by the UK CAA to work with them on this important project for our air cargo customers,” said Brad Buswell, President, Rapiscan North America. “Rapiscan Labs, our corporate research and development division, is a technology leader in the area of advanced threat detection algorithms. Rapiscan has a successful track record in the development of detection technologies for the aviation industry, and this project will further expand our support for air cargo safety and security.”
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About Rapiscan Systems
Rapiscan Systems, Inc., a division of OSI Systems, Inc., is a leading global supplier of security inspection solutions utilizing X-ray and gamma-ray imaging, and advanced threat identification techniques such as neutron and diffraction analysis. The company's products are sold into four market segments: Baggage and Parcel Inspection, Cargo and Vehicle Inspection, Hold Baggage Screening and People Screening. The company has an installed base globally of more than 90,000 security and inspection systems. The Rapiscan Systems product line is manufactured at four locations and supported by a global support service network. As the world's leading security screening provider, Rapiscan Systems provides state of the art products, solutions and services that meet our customers' most demanding threat detection needs --- while improving their operational efficiency. For more information, visit http://www.rapiscansystems.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements relate to the Company's current expectations, beliefs, projections and similar expressions concerning matters that are not historical facts and are not guarantees of future performance. Forward-looking statements involve uncertainties, risks, assumptions and contingencies, many of which are outside the Company's control, that may cause actual results to differ materially from those described in or implied by any forward-looking statement, for example, without limitation, the future demand for Rapiscan air cargo screening systems. All forward-looking statements are based on currently available information and speak only as of the date on which they are made. The Company assumes no obligation to update any forward-looking statement made in this press release that becomes untrue because of subsequent events, new information or otherwise, except to the extent it is required to do so in connection with its ongoing requirements under Federal securities laws. For a further discussion of these and other factors that could cause the Company's future results to differ materially from any forward-looking statements, see the section entitled "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended June 30, 2013 and other risks described in documents filed by the Company from time to time with the Securities and Exchange Commission.
Kathryn Kaplan, SpeakerBox Communications, +1 (703) 287-7823, [email protected]
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