TIDMSRT

SRT Marine Systems PLC

05 July 2023

SRT MARINE SYSTEMS PLC

(AIM: SRT)

("SRT" or the "Company")

$260,000 Digital Aids to Navigation Order

SRT Marine Systems plc ('SRT'), a global provider of maritime domain awareness systems and technologies for security, safety and environmental protection is pleased to advise that it has received a strategically notable order worth $260,000 for its Digital Aids to Navigation System (DAS) products.

The order is from a Japanese customer and will be deployed to enhance navigation safety. DAS products are digital transceivers which transmit information to vessels and navigation authorities in real time and are predominantly used to enhance navigation safety and efficiency.

Simon Tucker, CEO of SRT Marine Systems, commented:

"DAS is a division of our transceivers business which we started many years ago in order to establish first mover advantage. As shipping digitises we see significant future opportunities for our DAS."

 
 For further information, please contact: 
 SRT Marine Systems plc                                     www.srt-marine.com 
                                                          + 44 (0) 1761 409500 
 Simon Tucker (CEO)                                simon.tucker@srt-marine.com 
 Louise Coates (Marketing Manager)                louise.coates@srt-marine.com 
 finnCap Ltd (NOMAD & Broker) 
 Jonny Franklin-Adams / Teddy Whiley 
  (Corporate Finance)                                     +44 (0) 20 7220 0500 
 Tim Redfern / Charlotte Sutcliffe (ECM)

About SRT Marine Systems plc:

SRT Marine Systems PLC is an established leader in the growing global market for maritime domain awareness. We provide advanced technologies, products and systems that enhance maritime safety, security and environmental protection and sustainability. Our customers range from governments to vessel owners around the world.

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