Spectra Systems Corporation invents, develops, and sells integrated optical systems in Rhode Island and internationally. It operates through three segments: Authentication Systems, Secure Transactions, and Banknote Cleaning. The company's products include a system of taggant materials and sensor equipment to authenticate banknotes that are used by G8 central banks and other central banks for currency security, as well as a G8 country for passport security; and hardware and software systems include high-speed currency authentication sensors. It also develops quality control equipment for use in paper and polymer banknote manufacturing and printing; and a new banknote fitness system for unprecedented detection of banknote wear. In addition, the company offers banknote cleaning solution that lifts sebum and other substances from the banknote using a dry process based on supercritical CO2 cleaning; real-time auditing, fraud control, and risk management systems to government sanctioned gaming operators; and software tools for the lottery and gaming industries, fraud and money laundering, and match fixing detection, as well as for statistical analysis. Further, it develops, markets, and sells customized authentication solutions designed to enhance the security of documents and branded products; and a portfolio of security, tracking, authentication, and quality assurance products that are used in world currencies, security documents, consumer product packaging, and real-time monitoring of product quality during manufacturing. Spectra Systems Corporation sells its integrated solutions for various markets, such as currency manufacturing and cleaning, branded products, industrial logistics, and other highly sensitive documents. The company was formerly known as Spectra Science Corporation and changed its name to Spectra Systems Corporation in June 2001. Spectra Systems Corporation was founded in 1996 and is headquartered in Providence, Rhode Island.
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