Arco Signs Deal With Israeli Company

New York — Arco Inc., a developer of explosive detection solutions, signed a deal to license technology from a subsidiary of the Israel Institute for Biological Research for explosives detection.

The multi-national company that started in New Jersey will license the technology from Life Science Research Israel Ltd., for a pen-like device that can detect commercial and military explosives. The new device will compliment the ARCO-P.E.T, a peroxide explosives tester for the detection of improvised explosives.