Advanced Photonix, Inc.® (NYSE:
API), today announces that it has received a contract from Concurrent Technologies Corporation (CTC) for delivery of a terahertz (THz) system to support the U.S. Air Force's need for accurate coating removal on aircraft. The contract is valued at over $300K and will culminate with the delivery of the Company's new T-Gauge® system and a sensor specific to the application in the Company's second quarter of this fiscal year.
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
