Spectra Systems Corporation announced that it has executed an agreement with its central bank customer, in addition to the sensor agreement announced on February 2, 2021, to include a new capability in those sensors to detect "exotic counterfeits". The new contract will result in an additional $1.2MM of development funding to begin immediately. This contract increases the total development funding to $8.7MM and could increase the sensor sales revenue by $7.5MM to $41.5MM, depending on the total order size.