Shares of Implant Sciences Corporation (PINK: IMSC), developer, manufacturer and seller of sophisticated sensors and systems for Security, Safety and Defense (SS&D) markets, surged in trading today.
IMSC shares ended the day 8.89% higher at $1.47 on volume of 299,630. The stock has now gained more than 17% this week.
Implant Sciences shares rose today after the company announced that it sold 11 more Quantum Snifferâ„¢ QS-H150 handheld explosives trace detectors to various police departments and bomb squads in China. The sale was completed through IMSCâ€™s in-country distributor and service provider, Beijing Ritchie Link.
Darryl Jones, Vice President of Sales and Marketing at Implant Sciences, said that IMSC has been selling explosives trace detection equipment in China since 2005 and with hundreds of systems deployed in a wide variety of security applications across the county, the companyâ€™s products have a well-established reputation for quality and reliability.