July 25, 2016 1:52 AM ET

Electronic Equipment, Instruments and Components

Company Overview of Passport Systems Inc.

Company Overview

Passport Systems Inc. designs and develops non-intrusive cargo screening systems for shielded and concealed material scanning. The company’s products are designed to analyze the composition of materials and identify the contents of a container, including commercial items, shielding, fissile materials, and explosives; materials in a shipment, including commercial contraband, such as illegal drugs or commercial products; and for customs inspection, supply-chain quality assurance, and forensics applications. Its products are deployed for sea, air, and land cargo inspections; nuclear forensics; and government or commercial forensic investigations in the United States and internationally. The com...

70 Treble Cove Road

1st Floor

Billerica, MA 01862

United States

Founded in 2002

Phone:

978-263-9900

Fax:

978-263-9971

Key Executives for Passport Systems Inc.

Chief Executive Officer, President and Director
Founder, Scientific Advisor and Director
Chief Financial Officer
Chief Operating Officer
Age: 64
Managing Director of International Sales
Compensation as of Fiscal Year 2016.

Passport Systems Inc. Key Developments

The Domestic Nuclear Detection Office Awards Contracts to General Electric, Passport Systems, and Physical Sciences for RAIN Demo

The Domestic Nuclear Detection Office (DNDO) has awarded contracts to three companies for advanced technology demonstrations for the Radiation Awareness and Interdiction Network (RAIN). General Electric received an $8.1 million contract for research, development, design, characterization and demonstration of a node of the RAIN system. Passport Systems received a $7 million contract although no description was provided about the proposed research. Physical Sciences' contract is for $6.2 million and is also for research, development, design and demonstration of a node in the RAIN system. Under the system, radiation detectors, ancillary sensors, image capture systems, and automated analysis and data communications would all be integrated to detect, localize and provide information on a specific conveyance carrying threat materials.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
March 15, 2016
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