A key catalyst that is just months away could launch Implant Sciences (IMSC) into the mainstream of homeland defense and global security. The Transportation Security Administration (TSA) is currently reviewing Implant's explosives and narcotics trace detection technology for approval for use in the United States and a potential positive approval ruling would not only provide a key catalyst for the IMSC share price, but it would open the doors for Implant to quickly become a global leader in providing airport and air cargo security, among other security-related services.
It's expected that a formal announcement regarding the approval will come in late August.
Based on moves into multiple global markets already this year, Implant shares have already been on the steady rise. IMSC opened 2012 in the sixty cent range, then dipped into the fifties before rebounding on a slew of announcements of new orders for the Quantum Sniffer (QS) explosive detection products. The highlight of these orders might have been the key selection of Implant's QSB220 by the Colombian National Police to take part in a layered defense plan in Cartagena, Colombia during the Sixth Summit of the Americas a couple of months ago. While America's Secret Service agents stole the show and headlines at that event, Implant Sciences and its groundbreaking technology quietly played a key role in ensuring the security of 34 different heads of state of the Americas at an event that might have transformed the hemisphere.
Such international arrangements have become commonplace throughout 2012.
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