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Garrett and Rohde & Schwarz develop an integrated solution for high security screening applications

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1 year ago

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Garrett integrates its walk-through metal detector with the Rohde & Schwarz’ R&S QPS201 security scanner. The combined solution is ideally suited for high-risk scenarios like prisons or loss prevention in the precious metals industry. Using cutting-edge millimeterwave (mmWave) technology, the R&S QPS201 detects all types of objects, regardless of material. To bolster detection in high security screening scenarios, the Garrett Paragon walk-through metal detector uniquely complements mmWave detection by identifying extremely small or internally concealed metallic threats, providing an additional layer of security against hidden body-borne items.

MUNICH, April 2, 2025 /PRNewswire/ — The combination of metal detectors with mmWave security scanners provides the highest detection capability and comfort for certain loss prevention use cases and in prisons. It is ideal where the detection of the smallest or internally concealed metallic objects is needed but also delivers the highest level of detection capabilities for e.g. non-metallic items or metallic powders with efficient and intuitive procedures with the R&S QPS201. A largely unknown fact is that despite being of metallic origin, many substances are only reliably discovered by metal detectors in their solid, bulk form. The Rohde & Schwarz’s R&S QPS201 security scanner augments the detection with metallic powders, granules, and compounds in a liquid or chemical. The metal detector on the other hand is capable of spotting metallic objects in skin folds, body cavities, and inside the mouth of persons, all of which are especially important for prison security.

The integrated solution not only enhances the detection of threats but also respects the personal boundaries of those screened, demonstrating the future of comprehensive and respectful security measures. Accurate zone line indication enables significantly simplified targeted inspection and provides reliable forensic evidence in the case of incidents through result logging and integration with the CCTV. The combined solution is user-friendly and can be fully managed via the R&S QPS201 display with an integrated alarm results display. The screening procedure is fully contactless and neither mmWave nor metal detection pose health risks to security operators or scanned persons, because unlike X-rays, the levels of emissions by these devices are much lower than the levels of electromagnetic radiation that are naturally present in the environment.

“Combining the distinct capabilities of metal detectors and mmWave security scanners is what the market demanded from us for highest-level security screening procedures in the precious metals industry and for prisons”, says Andreas Haegele, VP Microwave Imaging at Rohde & Schwarz. “By this integration, both Garrett and we are adding an additional layer of security to our individual offering for the benefit of our joint customers.”

“Garrett is pleased to collaborate with Rohde & Schwarz to bring to market a thoughtful integration of two powerful technologies.  This new capability will help our customers create safer environments for people to work, learn, and travel in, and will enable innovative new counter-contraband and loss prevention strategies” says Steve Novakovich, CEO of Garrett Electronics.

Rohde & Schwarz

Rohde & Schwarz is striving for a safer and connected world with its Test & Measurement, Technology Systems and Networks & Cybersecurity Divisions. For over 90 years, the global technology group has pushed technical boundaries with developments in cutting-edge technologies. The company’s leading-edge products and solutions empower industrial, regulatory and government customers to attain technological and digital sovereignty. The privately owned, Munich based company can act independently, long-term and sustainably. Rohde & Schwarz generated a net revenue of EUR 2.93 billion in the 2023/2024 fiscal year (July to June). On June 30, 2024, Rohde & Schwarz had more than 14,400 employees worldwide.

R&S® is a registered trademark of Rohde & Schwarz GmbH & Co. KG.

All press releases, including photos for downloading, are available on the internet at www.press.rohde-schwarz.com.

About Garrett Electronics, Inc.
Garrett Electronics is a Texas-based company with over 40 years of experience in the security industry, and more than 60 years of experience in the world of metal detection technology. Garrett hand wands and walk-through metal detectors can be found in airports, courthouses, stadiums, and other venues public and private on every continent. The company has served customers in the highest throughput and highest security applications and brings decades of expertise to the security challenges of the modern world. Garrett’s products are proudly made in the USA and manufactured in accordance with ISO 9001:2015 quality standards.

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SOURCE Garrett Metal Detectors

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Hexagon Interim Report 1 January – 31 March 2026

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April 23, 2026

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STOCKHOLM, April 23, 2026 /PRNewswire/ —

First quarter 2026

Continuing operations

Operating net sales of 963.8 (961.5) resulting in organic growth of 8%Net sales including acquired deferred revenue amounted to 963.6 MEUR (961.5)Adjusted gross earnings of 606.3 (619.1) resulting in a 62.9% (64.4) gross marginAdjusted operating earnings (EBIT1) of 251.3 MEUR (248.7) resulting in a 26.1% (25.9) EBIT1 marginAdjusted earnings per share of 6.7 Euro cent (6.5)Earnings per share of 58.4 Euro cent (5.0)Cash conversion of 77% (60)Recurring revenue of 289.9 MEUR (308.0), 6% organic growthOctave reported operating net sales of 327.2 MEUR (361.3) and adjusted operating margin of 25.2% (26.6)Adjusted earnings per share including discontinued operations of 9.1 (9.4)Earnings per share including discontinued operations of 59.9 Euro cent (7.0)

For further information, please contact:
Tom Hull, Head of Investor Relations, +44 (0) 7442 678 437, ir@hexagon.com
Anton Heikenström, Investor Relations Manager, +46 8 601 26 26, ir@hexagon.com

This is information that Hexagon AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 23 April 2026.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/hexagon/r/hexagon-interim-report-1-january—31-march-2026,c4338783

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View original content:https://www.prnewswire.com/news-releases/hexagon-interim-report-1-january—31-march-2026-302751432.html

SOURCE Hexagon

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Dragonpass Empowers Financial Institutions with End-to-End Loyalty Solutions at Money20/20 Asia

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39 minutes ago

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April 23, 2026

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BANGKOK, April 23, 2026 /PRNewswire/ — Dragonpass, a leading global travel and lifestyle platform, participated in Money20/20 Asia, showcasing its customer loyalty solutions for banks, payment providers, credit card issuers, and fintech companies across APAC and globally.

As one of the most influential fintech events worldwide, Money20/20 Asia gathers decision-makers across the financial ecosystem. At the event, Dragonpass demonstrated how financial institutions can enhance customer engagement and build long-term loyalty through integrated travel and lifestyle experiences.

Established in 2005, Dragonpass has evolved from a lounge provider into a loyalty solutions partner, serving more than 800 global clients and over 40 million members worldwide.

At the core of Dragonpass is a business structure that combines global supply aggregation, a technology-enabled engagement platform, and consumer-facing lifestyle services — providing a one-stop solution across the customer lifecycle.

Leveraging data-driven insights, Dragonpass enables partners to design and optimise loyalty programs, incorporating customer segmentation and tiered incentive structures, alongside curated campaigns and entitlement configuration — driving more effective customer activation, engagement, and retention.

Its offering includes a broad portfolio of travel and lifestyle benefits such as airport lounge access, fast-track, dining, airport transfers, and lifestyle experiences. These are supported by flexible delivery models, including API integration, white-label solutions, and ready-to-deploy digital platforms, enabling seamless integration into clients’ customer journeys.

As customer expectations evolve, the industry is shifting from standardized benefits to more personalized, experience-led loyalty models. Insights from Dragonpass’s Loyalty Index show that customers increasingly value trust, rewards, simplicity, recognition, and exclusivity, with preferences varying across markets.

“Financial institutions today are looking for more effective ways to engage customers beyond traditional rewards,” said Jane Zhu, Co-founder and CEO of Dragonpass. “User engagement is at the core of loyalty, and technology — especially AI — plays a key role in enabling deeper and more relevant customer connections.”

Dragonpass works with leading global brands including Mastercard, Visa, HSBC, and Revolut, supporting them deliver differentiated value propositions and enhance customer engagement through scalable, customizable solutions.

Through its participation at Money20/20 Asia, Dragonpass aims to strengthen its presence in the APAC market and build strategic partnerships with organizations seeking to elevate their customer engagement strategies.

About Dragonpass

Dragonpass is a global travel and lifestyle platform providing premium airport and travel experiences across 140+ countries. By integrating global supply and technology, Dragonpass enables partners to deliver seamless, personalized experiences and drive customer loyalty.

Media Contact

Dragonpass PR
Email: brandmarketing@dragonpass.com
Website: www.dragonpass.com

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/dragonpass-empowers-financial-institutions-with-end-to-end-loyalty-solutions-at-money2020-asia-302751442.html

SOURCE Dragonpass

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SBI Life Insurance registers New Business Premium of ₹42,551 crores for the year ended on 31st March, 2026

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39 minutes ago

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April 23, 2026

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MUMBAI, India, April 23, 2026 /PRNewswire/ — SBI Life Insurance, one of the leading life insurers in the country registered a New Business Premium of ₹42,551 crores for the year ended on 31st March, 2026 vis-a-vis ₹35,577 crores for the year ended 31st March, 2025. Single premium has increased by 28% over the year ended on 31st March, 2025.

Establishing a clear focus on protection, SBI Life’s protection new business premium stood at ₹4,622 crores for the year ended 31st March, 2026, marking a growth of 13%. Protection Individual new business premium registered a growth of 23% and stood at ₹973 crores for the year ended 31st March, 2026. Individual New Business Premium stands at ₹29,783 crores with 13% growth over the year ended on 31st March, 2025.

SBI Life’s profit after tax stands at ₹2,470 crores for the year ended 31st March, 2026 with a growth of 2% over the year ended on 31st March, 2025.

The company’s solvency ratio continues to remain robust at 1.90 as on 31st March, 2026 as against the regulatory requirement of 1.50.

SBI Life’s AUM also continued to grow at 9% to ₹4,87,163 crores as on 31st March, 2026 from ₹4,48,039 crores as on 31st March, 2025, with the debt-equity mix of 62:38. 94% of the debt investments are in AAA and Sovereign instruments.

The company has a diversified distribution network of 3,58,506 trained insurance professionals and wide presence with 1,230 offices across the country, comprising of strong bancassurance channel, agency channel and others comprising of corporate agents, brokers, Point of Sale Persons (POS), insurance marketing firms, web aggregators and direct business.

Performance for the year ended March 31, 2026

Private Market leadership in Individual New Business Premium and Individual Rated Premium with market share of 25.5% & 22.9% respectively.Annualized Premium Equivalent (APE) stands at ₹ 24,266 crores with growth of 13%Individual New Business Sum Assured stands at ₹ 4,46,337 crores with 61% growthImprovement in 13M & 49M persistency by 53 bps & 107 bps respectivelyValue of New Business (VoNB) stands at ₹ 6,667 crores with growth of 12%VoNB Margin stands at 27.5%Indian Embedded value (IEV) stands at ₹ 80,791 crores with 15% growthProfit After Tax (PAT) stands at ₹ 2,470 crores with 2% growthOperating Return on Embedded Value stands at 19.7% Assets under Management stands at ₹ 4,87,163 crores with 9% growthRobust Solvency ratio of 1.90

Logo: https://mma.prnewswire.com/media/2672544/SBI_Life_25_Years_Logo.jpg

 

View original content:https://www.prnewswire.com/in/news-releases/sbi-life-insurance-registers-new-business-premium-of-42-551-crores-for-the-year-ended-on-31st-march-2026–302751447.html

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