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02 Nov 2021 / by Hilco Streambank

Sale Announcement: Radio Physics Solutions

Hilco Streambank is seeking offers to acquire the intellectual property and business assets of Radio Physics Solutions Limited (in Administration) (“RPS”) on behalf of the Joint Administrators of the Company. Founded in 2008, RPS developed and manufactured an advanced and innovative threat detection system, known as Optracon, which allows threats to be identified without walk-through devices, such as airports and portal scanners. This opportunity offers a prospective buyer the chance to acquire a revenue-gathering, innovative and market-ready product and the supporting intellectual property and business assets.

The deadline for offers is Thursday 18 November 2021 at 4pm GMT. Please contact the Hilco Streambank representatives listed below for further information. Further information is also available here on our website.