Software Radio in supply agreement with Tansas Navigator

Shares in Software Radio Technology, recently flattened by a profits warning, perked up after the the developer and supplier of maritime automatic identification systems (AISs) announced a supply agreement with Russian firm Transas Navigator for class A AIS devices.

Shares in Software Radio Technology, recently flattened by a profits warning, perked up after the the developer and supplier of maritime automatic identification systems (AISs) announced a supply agreement with Russian firm Transas Navigator for class A AIS devices.

The devices are worth $1.25m and are expected to be delivered over the next twelve months in minimum batches of goods to the value of $250,000.

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