Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Zecotek Photonics Inc ZMSPF

Zecotek Photonics Inc is in the business of research and development of photonics technologies. The company is focused on creating advanced materials and integrated optoelectronic devices for high-resolution medical imaging, optical precision surgery, and biopharmaceutical research. It operates in three divisions which include Imaging systems, Optronics systems, and 3D display systems with labs located in Canada, Korea, Russia, Singapore, and the U.S.A. The company develops products such as scintillation crystals, solid-state, photodetectors, positron emission tomography scanning components, lasers, and 3D display and 3D printing technologies. These products are used in sectors such as healthcare, scientific and industrial.


GREY:ZMSPF - Post by User

Bullboard Posts
Post by dns236on May 18, 2017 7:08am
162 Views
Post# 26258528

Zecotek to Jointly Develop Radiation Detection Unit

Zecotek to Jointly Develop Radiation Detection Unit

Zecotek to Jointly Develop Commercial Radiation Detection Unit with Radiation Safety and Homeland Security OEM
 
Singapore, May 18, 2017 - Zecotek Photonics Inc. (TSX-V: ZMS; Frankfurt: W1I.F, OTCPK: ZMSPF), a developer of leading-edge photonics technologies for industrial, healthcare and scientific markets, is pleased to announce that due to the superior performance of its patented LFS scintillation crystal the major OEM developing radiation monitoring and detection devices is moving forward with Zecotek to jointly develop a large area, commercially ready radiation detection unit.
 
“We have worked closely with the scientific team of the radiation detection OEM over the past 12 months identifying the device with the best performance and the most market demand,” said Dr. A.F. Zerrouk, Chairman, President, and CEO of Zecotek Photonics Inc. “We have committed to a commercially viable radiation detection device 
with extensive appeal to many detection applicationsWe look to have an operational prototype completed within the next 6 months, and look forward to the rollout of the new device with our OEM partner.”
 
As previously announced in April and June of last year, the major detection OEM ordered Zecotek’s patented LFS scintillation crystals for two applications. The first was a device for large cargo screening at land crossings such as border crossings, airports,
andharbours. The second order of LFS crystals were tested for screening applications for luggage, bags, packages, for high security locations including government buildings, sports stadiums, conventions centers and other crowded venues.
 
Due to the performance and the successful testing of the LFS crystals, the two companies have committed to jointly develop a commercial unit.
 
Increasing international tensions on homeland security, have contributed to the significant growth in the radiation safety market. Governments and private businesses need a radiation detection solution that is reliable and easy to implement. A scintillation detection system consists of scintillation crystals, photo detectors, electric signal and processing electronics. The units are smaller and more efficient than competing systems. LFS crystal based systems can be made to cover large areas and can be used in multiple application including radiation detection, assay of radioactive materials and physics research. They are less expensive to implement, have very reliable quantum efficiency and can measure both the intensity and the energy of incident radiation.
 
Zecotek’s patented Lutetium Fine Silicate (LFS) scintillation crystals have been specifically produced to provide quick and effective radiation detection of a large area. With a higher spectroscopic resolution and a decay constant that is 10 times faster and more accurate, LFS crystals are far superior than most competing crystals. The new scanning device will have the capacity for significant throughput with superior imaging performance 
and high resolution images.
 
The homeland security and radiation
detectionrepresents
a sizeable market opportunity for Zecotek. Industry experts predict that the market for instruments specifically designed to measure radiation is estimated to grow to US$3.5 billion by 2022.

Bullboard Posts