STOCK TITAN

SMITHS GROUP PLC S/ADR - SMGZY STOCK NEWS

Welcome to our dedicated page for SMITHS GROUP PLC S/ADR news (Ticker: SMGZY), a resource for investors and traders seeking the latest updates and insights on SMITHS GROUP PLC S/ADR stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SMITHS GROUP PLC S/ADR's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SMITHS GROUP PLC S/ADR's position in the market.

Rhea-AI Summary

Smiths Detection's HI-SCAN 6040 CTiX technology is now operational at Rome's Fiumicino International Airport, enhancing passenger security and reducing wait times. This advanced screening system allows passengers to keep electronics and liquids in their bags, improving the overall customer experience. Fiumicino Airport has earned multiple accolades, including a 5-Star rating from Skytrax and recognition as the ACI Europe Best Airport. The technology enhances security effectiveness through high-resolution imaging and automatic detection of prohibited items. According to Gabriel Pequignot, the deployment underscores the airport's commitment to security. The HI-SCAN 6040 CTiX complies with U.S. TSA standards, demonstrating its reliability.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.6%
Tags
none
-
Rhea-AI Summary

The HI-SCAN 6040 CTiX, produced by Smiths Detection, has been recognized by the Department of Homeland Security as a terrorism deterring technology under the SAFETY Act. This designation supports the technology's role in preventing and detecting acts of terrorism. The HI-SCAN 6040 CTiX features on the TSA Checkpoint Property Screening System Qualified Products list. Utilizing advanced CT imaging, it enhances passenger experience by allowing electronics and liquids in bags, while boasting superior energy efficiency and speed compared to competitors. Inder Reddy, President of Smiths Detection, emphasizes the technology's global deployment and commitment to security.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.09%
Tags
none
-
Rhea-AI Summary

Smiths Detection announces the approval of its HI-SCAN 6040 CTiX checkpoint CT scanner by the TSA, now on the Checkpoint Property Screening System Qualified Products List. This includes base, mid, and full-size configurations, allowing airports to purchase or donate the device. The HI-SCAN 6040 CTiX enhances security with low false-alarm rates, and allows electronics and liquids to remain in bags, thus improving passenger throughput. Its deployment can be integrated without major infrastructure changes. The TSA aims to upgrade airport screening systems with advanced CT technology following a 2022 mid-size approval.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
Tags
none
Rhea-AI Summary

Smiths Detection has launched the Lightweight Chemical Detector (LCD) 4 with the XID extension, enhancing its ability to detect super toxic chemical agents, narcotics, and explosives, such as fentanyl and novichok. The integration with XID transforms the LCD into a mobile trace detector, suitable for various CBRNe scenarios. With over 100,000 units in service globally, primarily with the US DOD, the LCD series is a leading solution in personal chemical detection. The products will be showcased at the Security & Policing event in Farnborough, UK, from March 14-16.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
Tags
none
-
Rhea-AI Summary

Smiths Detection has launched the HI-SCAN 6040 CTiX Model S, a compact and efficient passenger checkpoint scanner designed to enhance security and operational efficiency. This new model is 20cm narrower and 350kg lighter than its predecessor, allowing integration into various checkpoint environments. The scanner offers industry-leading image quality, energy efficiency, and a belt speed 30% faster than standard scanners. The Model S eliminates the need to remove electronic devices and liquids from luggage, speeding up the screening process. With over 700 units sold globally, it has received ECAC EDS CB C3 approval in Europe, with additional approvals expected.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.47%
Tags
none
-
Rhea-AI Summary

Smiths Detection has partnered with Noida International Airport to provide advanced screening equipment for passenger and baggage safety. This agreement includes the installation of systems such as the HI-SCAN 6040 DV and HI-SCAN 10080 XCT by early 2024, ensuring compliance with TSA and ECAC standards. The airport, set to open in late 2024, aims to serve 12 million passengers annually, prioritizing sustainability and operational efficiency. Smiths Detection will also offer comprehensive maintenance services for a decade, enhancing its commitment to security in aviation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.86%
Tags
none
Rhea-AI Summary

Smiths Detection has launched the iCMORE Prohibited Items, an advanced automated detection algorithm aimed at enhancing airport security. Designed to meet the European Civil Aviation Conference's new certification standards, this AI-based technology detects threats such as firearms and explosives at security checkpoints. By minimizing manual review processes, it aims to improve efficiency in screening operations amidst rising passenger numbers and staffing shortages. Initial deployment will be on the Hi-SCAN 6040 CTiX scanner, with further implementations in dual and multi-view systems planned. This innovative solution is poised to enhance both security outcomes and operational efficiency.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
Tags
none
-
Rhea-AI Summary

Smiths Detection has secured a contract to provide advanced security screening technology to New Zealand's Aviation Security Service for five major international airports: Auckland, Christchurch, Dunedin, Queenstown, and Wellington. The contract includes the delivery of 35 HI-SCAN 6040 CTiX X-ray machines, which enhance security while improving passenger experience by allowing laptops and liquids to remain in bags. Additional equipment includes the iLane.evo tray return system and iCMORE Weapons detection algorithms. Implementation begins in 2023.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
Tags
none
-
Rhea-AI Summary

Smiths Detection has launched a multi-site central image processing and management solution for DHL Express Australia, connecting existing HI-SCAN 10080 EDX-2is explosive detection scanners in Sydney, Melbourne, and Brisbane. This centralized system will enhance security operations by optimizing staffing and improving efficiency, reportedly reducing X-ray operator hours by over 40%. It complies with TSA and Australian regulations, facilitating safer air freight screening. The system's design allows for future scalability, ensuring effective threat monitoring and operational data analysis.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.39%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
Tags
none

FAQ

What is the current stock price of SMITHS GROUP PLC S/ADR (SMGZY)?

The current stock price of SMITHS GROUP PLC S/ADR (SMGZY) is $20.09 as of April 16, 2024.

What is the market cap of SMITHS GROUP PLC S/ADR (SMGZY)?

The market cap of SMITHS GROUP PLC S/ADR (SMGZY) is approximately 7.2B.
SMITHS GROUP PLC S/ADR

OTC:SMGZY

SMGZY Rankings

SMGZY Stock Data

7.17B
344.56M
Specialty Industrial Machinery
Industrials
Link
United States of America
London