- CEO
- Nabil M. Lawandy
- Full Time Employees
- 28
- Sector
- Electronic technology
- Industry
- Computer peripherals
- Address
- 40 Westminster Street Providence RI United States 02903
- IPO Date
- Jul 23, 2011
- Business
- Spectra Systems Corporation (SPSC.L), headquartered in Providence, Rhode Island and founded in 1996, develops and supplies advanced security technologies including integrated optical systems, engineered materials, high-speed sensors, and software platforms for authentication and tracking applications worldwide. The company offers machine-readable banknote authentication solutions with covert security features and quality control equipment for central banks; Aeris banknote cleaning systems and BDS-1000 disinfecting technology to extend currency life; Fusion polymer substrates for secure documents; brand protection products for consumer goods such as energy drinks, shampoo, wine, spirits, and tobacco; secure Internal Control Systems software for fraud detection, money laundering prevention, match-fixing analysis, and gaming integrity used by U.S. lotteries, Norsk Tipping in Norway, and operators in Puerto Rico and Malaysia; and, through its December 2023 acquisition of Cartor Security Printers, finished security printing including postage stamps, excise stamps, ID cards, and secure documents. Spectra Systems operates primarily in currency authentication, brand protection, gaming security, and secure printing segments, serving governmental, institutional, and corporate clients across the United States, Europe, and international markets. Recent developments include a July 2024 manufacturing contract for next-generation banknote sensors with a $5.7 million initial payment, followed in November 2025 by a five-year $6.7 million sensor maintenance agreement with the same customer; a November 2025 launch of a $350,000 share buyback program managed by Zeus Capital; and strategic advancements in Cartor integration enhancing its end-to-end secure printing capabilities, as highlighted in March 2025 financial results.