LRAD Corporation Awarded $1.4 Million Order

Press Release
Thursday, January 10, 2013

LRAD-RX(R) Systems to be Installed on Commercial Shipping Vessels


LRAD Corporation (Nasdaq:LRAD), a  provider of long range acoustic hailing devices (AHDs), has announced it has been awarded a $1.4 million LRAD-RX systems order from an Asian company for commercial maritime shipping security installations. The LRAD-RX is the only remotely controlled AHD to have passed rigorous U.S. Navy testing and to be deployed on U.S. Navy vessels.
 

"Piracy and terrorist threats remain a significant concern for commercial vessels transiting high risk shipping lanes," stated Tom Brown, president and CEO of LRAD Corporation. "Through focused, powerful voice broadcasts and deterrent tones, LRAD-RX systems determine the intent of suspicious vessels that fail to respond to radio calls. By unequivocally determining the intent of an approaching threat, the LRAD-RX provides commercial security personnel time and distance to implement maritime security best practices and make lifesaving decisions."


The Company's proprietary LRAD-RX features a camera, high intensity searchlight (optional), a robust, IP-addressable full pan and tilt drive for precise aiming and tracking, and can be integrated with radar to provide automated vessel alerts. The LRAD-RX broadcasts highly intelligible warnings and instructions that can be heard and understood over distances up to 2 miles. Through the use of focused, multi-language voice commands and deterrent tones, the LRAD-RX creates increased standoff zones, determines intent, supports peaceful conflict resolution, and potentially prevents the use of deadly force.

"The delivery schedule for this order is spread throughout this calendar year," Brown added. "As we stated in our December conference call, we anticipate improved fiscal 2013 financial results over fiscal 2012 due primarily to expanding AHD markets and increasing international business."
 

Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

National Domestic Surveyor Accreditation in place

Domestic marine surveyors will now be accredited under a national system run by the Australian Maritime Safety Authority (AMSA). The Domestic Surveyor Accreditation

Australian Tall Ship Rounds Cape Horn

The Royal Australian Navy operated Sail Training Ship Young Endeavour rounded Cape Horn on Australia Day, 36 days into a 12-month circumnavigation of the world.

USCG Rescue 2 on Bahamian Island

Two stranded men are safe after the Coast Guard rescued them off an Island in the Bahamas Tuesday afternoon. Coast Guard 7th District watchstanders received

Technology

National Domestic Surveyor Accreditation in place

Domestic marine surveyors will now be accredited under a national system run by the Australian Maritime Safety Authority (AMSA). The Domestic Surveyor Accreditation

IMTRA LED For Vessel Control System Integration

IMTRA, the leading manufacturer and importer of quality marine products, through its integration-focused design philosophy, created its entire range of 2- and

MOL, Mitsui Ink Charter Deal

Mitsui O.S.K. Lines, Ltd. signed a contract with Mitsui & Co., Ltd. today (January 29) to charter a new 177,000m3 liquefied natural gas (LNG) carrier. This

Contracts

Directorate Changes at Fastnet

Fastnet, the UK and Irish listed E&P company focused on near-term exploration and appraisal acreage in Morocco and the Celtic Sea, announces certain management

MOL, Mitsui Ink Charter Deal

Mitsui O.S.K. Lines, Ltd. signed a contract with Mitsui & Co., Ltd. today (January 29) to charter a new 177,000m3 liquefied natural gas (LNG) carrier. This

MHI Wins LNG Order

Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for two next-generation LNG (liquefied natural gas) carriers from Mitsui & Co., Ltd. The carriers

Navy

Cutlass Express 2015 Commences

Maritime forces from East Africa, South Africa, Europe, Indian Ocean nations, the United States and several international organizations began the fourth iteration

Greek Government to Halt Piraeus Port Sale

The new Greek government led by the left-wing Syriza party will halt the sale of a majority stake in the port of Piraeus, Greece's biggest, begun by the previous government,

Australian Tall Ship Rounds Cape Horn

The Royal Australian Navy operated Sail Training Ship Young Endeavour rounded Cape Horn on Australia Day, 36 days into a 12-month circumnavigation of the world.

Finance

MOL, Mitsui Ink Charter Deal

Mitsui O.S.K. Lines, Ltd. signed a contract with Mitsui & Co., Ltd. today (January 29) to charter a new 177,000m3 liquefied natural gas (LNG) carrier. This

A HERO on the Seas

The expansion of the Panama Canal has opened up an opportunity for WWL to develop its next generation RoRo carriers. Due to its importance to international trade,

Fender Repairs Works for Dolphins at Hong Kong

For approximately four months, fender repairing and replacement works for five of the dolphins will be carried out in the To Kwa Wan Typhoon Shelter. The

Maritime Security

National Domestic Surveyor Accreditation in place

Domestic marine surveyors will now be accredited under a national system run by the Australian Maritime Safety Authority (AMSA). The Domestic Surveyor Accreditation

USCG Rescue 2 on Bahamian Island

Two stranded men are safe after the Coast Guard rescued them off an Island in the Bahamas Tuesday afternoon. Coast Guard 7th District watchstanders received

Cutlass Express 2015 Commences

Maritime forces from East Africa, South Africa, Europe, Indian Ocean nations, the United States and several international organizations began the fourth iteration

Marine Equipment

National Domestic Surveyor Accreditation in place

Domestic marine surveyors will now be accredited under a national system run by the Australian Maritime Safety Authority (AMSA). The Domestic Surveyor Accreditation

IMTRA LED For Vessel Control System Integration

IMTRA, the leading manufacturer and importer of quality marine products, through its integration-focused design philosophy, created its entire range of 2- and

MOL, Mitsui Ink Charter Deal

Mitsui O.S.K. Lines, Ltd. signed a contract with Mitsui & Co., Ltd. today (January 29) to charter a new 177,000m3 liquefied natural gas (LNG) carrier. This

 
 
Maritime Security Maritime Standards Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Repair Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2366 sec (4 req/sec)