The receipt of the first payment of $25.0m from Siemens Healthineers – arising from an Enablement Agreement worth a total of $37.5m – follows the announcement of the multi-layered and multi-year agreements that were established at the end of January. Today’s news means that Kromek has satisfied the first milestone within the Enablement Agreement, with the payment expected to deliver profitability for the current financial year and materially strengthen the company’s balance sheet. Furthermore, w ....

17 Feb 2025
Kromek - Receipt of $25m from Siemens Healthineers

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Kromek - Receipt of $25m from Siemens Healthineers
Kromek Group Plc (KMK:LON) | 6.2 0 1.7% | Mkt Cap: 39.5m
- Published:
17 Feb 2025 -
Author:
Adam McCarter | Mike Mitchell -
Pages:
4 -
The receipt of the first payment of $25.0m from Siemens Healthineers – arising from an Enablement Agreement worth a total of $37.5m – follows the announcement of the multi-layered and multi-year agreements that were established at the end of January. Today’s news means that Kromek has satisfied the first milestone within the Enablement Agreement, with the payment expected to deliver profitability for the current financial year and materially strengthen the company’s balance sheet. Furthermore, w ....