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HomeFinTechMicro-X: Awarded A$5.6M airport security contract

Micro-X: Awarded A$5.6M airport security contract

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  • Micro-X (MX1) has awarded a lucrative design contract for self-service baggage scanners and check-in portals in U.S. airports
  • The company’s Seattle-based subsidiary, Micro-X Inc., won the contract in a competitive tender process
  • The baggage scanner expected to take 12 months to deliver for testing, with staged payments of at least US$1.5 million
  • Micro-X will then oversee the design of a check-in portal which can check passenger IDs and travel documents, alongside body and baggage scans
  • If successful, its estimated U.S. airports could use between 8000 and 12,000 individual check-in units, providing the company a huge addressable market
  • Micro-X closed Wednesday’s session 40.54 percent higher at 26 cents

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