SRT Marine Systems PLC (LSE:SRT) has reported a dramatic 426% increase in revenue to £78.0 million for the year ended 30 June 2025, fueled by the launch of multiple system projects. The company has secured £325 million in system contracts and built a new pipeline worth £1.8 billion, underscoring growing global demand for its maritime surveillance solutions.
Key operational milestones include the deployment of the SRT-MDA System with five sovereign customers and major investment in AI-driven system enhancements. SRT also announced the award of a new contract valued at approximately US$200 million from a sovereign client, pending final project and financing agreements. In addition, the company is advancing its NEXUS data and voice transceiver and exploring new opportunities in digital onboard navigation and related technologies.
SRT’s strategic emphasis on AI and integrated systems positions it strongly within the global maritime surveillance market, with management expecting further growth ahead.
While the company shows strong operational momentum and positive technical indicators, financial instability and valuation uncertainties remain key concerns, tempering the overall outlook.
More about SRT Marine Systems
SRT Marine Systems PLC is a global leader in developing and delivering integrated maritime surveillance, monitoring, management, and safety solutions. Its systems support coast guards, fisheries authorities, critical infrastructure operators, and vessel owners in areas including security, safety, search and rescue, law enforcement, fisheries management, illegal fishing detection, and environmental monitoring.
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