Agilent Leads Multimillion Dollar Investment in HALO X-ray Technologies

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โดย Business Wire·Read original
Summary · why it matters

Agilent Technologies has led a multimillion dollar investment round in HALO X-ray Technologies, with existing investors UK Innovation Science Seed Fund and the Midland Engine Investment Fund also participating. The funding will enable HALO to complete regulatory approval of its advanced X-ray diffraction security screening technology ahead of production and commercial scale-up. HALO's technology helps security operators distinguish genuine threats from everyday items more precisely than conventional X-ray systems, addressing pressure on airports and border agencies to improve throughput without compromising security. Agilent's Vice President and General Manager of the Spectroscopy & Vacuum Division, Geoff Winkett, said the further investment reflects confidence in the transformative potential of HALO's technology and team. HALO CEO Simon Godber called the round transformational, providing the runway needed to bring the technology to a global market.

Impact on stocks 1

Biotech & Genomic Medicine▲ · 1 stocks
Agilent Technologies Inc
A
▲ PositiveCapitalrelevance

Agilent led a multimillion dollar investment round in HALO X-ray Technologies, reflecting confidence in the technology.

Off-coverage companies 2

HALO X-ray TechnologiesPrivate▲ Positive
Capitalrelevance

HALO received a multimillion dollar investment led by Agilent to fund regulatory approval and commercial scale-up.

UK Innovation & Science Seed Fund (UKI2S)Private▲ Positive
Capitalrelevance

UK Innovation Science Seed Fund participated in the investment round as an existing investor.

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