Kromek has secured a £6 million funding package from HSBC UK to support the next stage of growth at the Sedgefield-based medical imaging and radiation detection specialist.

The revolving credit facility will provide additional working capital as the company scales production across its imaging and CBRN detection divisions and continues to invest in next-generation detector technology.

Founded in 2003 as a spin-out from Durham University, the business operates across medical imaging and defence-focused detection systems and reported 37% revenue growth in the year to April 2025.

The firm supplies customers in 64 countries and operates manufacturing and R&D facilities in the UK and the US.