OSI Systems Achieves TSA Air Cargo Full Qualification With The Itemiser 5X Explosives Trace Detector
Portfolio Pulse from Happy Mohamed
OSI Systems, Inc. (NASDAQ:OSIS) announced that its Rapiscan Itemiser® 5X Explosive Trace Detection (ETD) device has met the qualification standards set by the TSA for inclusion on the Air Cargo Screening Technology List (ACSTL). The ACSTL provides a list of approved technologies to be used by the air cargo industry for meeting the U.S. regulatory requirements and enhancing cargo security.
August 22, 2023 | 12:39 pm
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OSI Systems' Rapiscan Itemiser 5X ETD device has been approved by the TSA for inclusion on the ACSTL. This approval could potentially increase the company's market share in the air cargo industry.
The approval of OSI Systems' ETD device by the TSA for inclusion on the ACSTL signifies that the company's product meets the U.S. regulatory requirements for cargo security. This could potentially increase the company's market share in the air cargo industry, as carriers, freight forwarders, and shippers may opt for approved technologies to meet regulatory requirements. This could have a positive impact on the company's revenues and profitability in the short term.
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