Kromek announced that it has been awarded a new contract, by an existing OEM customer, expected to be worth a minimum of $58.1 million over a seven-year period. Under the terms of the contract, Kromek will supply Cadmium Zinc Telluride (CZT) detectors and associated advanced electronics to be used in medical imaging systems. The Company's technology provides higher resolution detection capabilities enabling better patient outcomes. Kromek will deliver the contract over a seven-year period, commencing immediately, and will begin recognizing revenue from the 2020 fiscal year.