Thruvision Group PLC
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Company Description
- CEO
- Victoria Jane Balchin
- Full Time Employees
- 31
- Sector
- Electronic technology
- Industry
- Aerospace & defense
- Address
- 121 Olympic Avenue Oxon BR United Kingdom OX14 4SA
- IPO Date
- Mar 4, 2010
- Website
- thruvision.com
- Similar Companies
- Business
- Thruvision Group plc develops, manufactures and sells walk-through people-screening security technology utilizing passive terahertz (THz) imaging and AI-driven detection for concealed threats including weapons, explosives, cash, narcotics and stolen items. Core products comprise the 81 Series (including WalkTHRU screening lanes), TS4-C, TS4-SC and TAC systems; checkpoint, tactical awareness and high-throughput cameras; mobile operation stations, tactical deployment systems and no-touch randomizers; plus accessories, support services and DynamicDETECT software with upcoming DDAlert automatic alerting feature. The company targets retail distribution (profit protection), customs and border control, prisons, entrances/venue security, aviation (including airport employee screening) and mass transit markets served by government agencies, commercial retailers and transport operators across more than 30 countries, with primary revenue from the UK, Europe, US, Asia Pacific and Middle East/Africa; it maintains offices and manufacturing in Abingdon, UK, and Ashburn, Virginia, US, and was founded in 2010 as Digital Barriers plc, renaming to Thruvision Group plc in 2017. Recent developments include the February 2025 launch of the 81 Series product line and LPCDD7116 certification under UK National Protective Security Authority testing for mass casualty threats; a July 2025 equity raise of £2.75 million gross proceeds extending cash runway; a material £1+ million contract in July 2025 for 20 high-spec systems to a new Asian government customer; first UK prison deployment and European prison service expansion; addition of value-added resellers Westminster Group plc and WWS (Canada); launch of "Screening as a Service" subscription model for UK retail; and "Box Clever" cost-reduction project targeting FY27 savings, alongside FY26 H1 revenue growth of 36% to £2.6 million driven by US retail and Asian entrance security orders.
Company News
Thruvision shares fall 11% despite £3 million airport security contract
Thruvision shares rise over 14% after Canadian government order
Thruvision shares surge 46% to 0.91p on £3m Asian airport contract
Thruvision Group shares rise as it lands foothold in US aviation market
Thruvision Group shares rise as it lands foothold in US aviation market
Thruvision surges 25% as US airport moves to award new screening contract
Thruvision shares drop on profit warning
Thruvision shows strong revenue growth in 'entrances' unit
Thruvision sinks 20% after revenue slump and rising losses
Thruvision Group closes oversubscribed retail offer
Thruvision secures £2.5m lifeline, cash runway extended to 2027
Thruvision Group secures financial future with equity raise, ends strategic review