Drexler Technology Corp. said it has received a $6.4 million order for LaserCard products, more than doubling its previous $3.8 million backlog.
The optical memory cards are seen as a larger-capacity alternative to the computer chip memories in smart cards, though Drexler does more of its business in data storage than in payment applications.
Drexler said its Silicon Valley manufacturing plant will be delivering LaserCards at a rate of approximately 200,000 cards per month through January 1999. It reported shipping 616,000 in the quarter that ended Sept. 30, when it earned $460,000 on $2.9 million of revenue.
About the latest big order, Drexler said only that it was received under a federal subcontract awarded to its LaserCard Systems Corp. subsidiary.