DELRAY BEACH, FL,: (Investorideas.com Newswire) PositiveID Corporation ("PositiveID" or “Company”) (OTCBB: PSID) has signed a contract with UTC Aerospace Systems’ ISR & Space Systems unit to support a contract for the U.S. Department of Defense (“DoD”). This contract is expected to be performed over the next seven months, between March and September, 2014.
This contract will support the DoD Joint United States Forces Korea Portal and Integrated Threat Recognition (“JUPITR”) Program, which is intended to detect biological threats in order to protect our nation’s warfighters and allies. The JUPITR program will test and evaluate PositiveID’s biological detection and identification technology called M-BAND (Microfluidic Bioagent Autonomous Networked Detector). The assessment will baseline performance, reliability, maintainability, ease of use, and cost of operation to provide the “best of breed” and most affordable options for the U.S. Army and U.S. Air Force.
The Company has filed a Form 8-K with additional details regarding the contract.
PositiveID’s Chairman and Chief Executive Officer, William J. Caragol, stated, “We are very pleased to work together with UTC Aerospace Systems to deliver M-BAND systems for testing and evaluation for the protection of our warfighters and supporters through the JUPITR Program.”