Security technology outfit QRSciences Holdings is set to sell its loss-making Perth subsidiary to US company, Rapiscan Systems Inc, for $US150,000 ($A162,069) cash.
QRSciences Holdings Ltd has entered into a share exchange agreement with a United States company to sell its private arm that specialises in developing technology systems in a scrip and cash deal worth $A12 million.
Cannington-based security technology group QRSciences Ltd has announced the commencement of trials of its explosives screening system with the Federal Department of Transport and Regional Services.
Cannington-based QRSciences Ltd associated company Spectrum San Diego Inc will negotiate with the US Transportation Security Administration for the manufacture of its Castscope screening system - used to screen heavy bandages and prosthetic limbs.
Cannington-based QRSciences Ltd has recorded an operating loss of $3.7 million despite a profit increase of 27.3 per cent - with the company hoping to break even at the earnings before interest and tax level by the end of the financial year.
Cannington-based security technology group QRSciences Ltd's US-based partner Rapiscan Systems has received an order from the US Government for two baggage screeners, for which it will provide two resonance subsystems.
Perth-based security technology group QRSciences Ltd announced the airport security device using its quadruple resonance technology, the Clear registered traveller kiosk, has won US Government approval for a nation-wide rollout.
Perth-based security technology group QRSciences Ltd has announced it has been in contact with a number of parties which have expressed an interest in acquiring all or parts of the QRSciences business.
Perth-based security technology group QRSciences Ltd has reached a preferred pricing and licensing rights agreement with US company, Rapiscan Systems, for its developed technology.
Cannington-based technology developer QRSciences Ltd has received an investment of $1 million from its Australia, New Zealand and Oceania distributor XTEK Ltd.
Through its wholly-owned subsidiary QRSciences Corporation, it has finalised a transaction for the acquisition of up to 27.4% of Spectrum San Diego Incorporated
Listed technology firm QRSciences has secured a deal with the Chinese Institute of Atomic Energy (CIAE) to develop a security screening system for the 2008 Beijing Olympics.
CANNINGTON-BASED explosion detection specialists QRSciences Limited has entered into a licence agreement with major US security provider L-3 Communications Security Systems Corpor
LOCAL explosives detection technology development company QRSciences has signed a licensing deal with global advanced technology developer and integrator Lockheed Martin that runs