Zytronic faces uncertain future as sale or closure looms
Zytronic, the North East tech firm renowned for its touch screen technology, is on the brink of a significant change. The company is actively seeking a buyer to secure the future of its business and safeguard jobs. However, the possibility of a complete closure has not been entirely ruled out. The Blaydon-based manufacturer, which supplies […]
Apricorn research finds UK firms’ security concerns are growing
A new survey by Apricorn, a Manchester-based provider of hardware encryption solutions, has revealed a significant surge in UK organisations adopting robust data encryption policies. Almost half of businesses now mandate encryption for all data, both at rest and in transit, reflecting a growing awareness of the critical role encryption plays in safeguarding sensitive information. […]
North East to benefit from multi-million EV and battery tech investment
North East mayor Kim McGuinness is set to approve a multimillion-pound investment in a Nissan-led project aimed at creating a new generation of skilled local workers in electric vehicle and battery technology. The £14.6 million project is the first initiative within the region’s £160 million Investment Zone and will provide open access to facilities for […]
Leeds-based comms tech specialist scores £2m contract win
Leeds-based Filtronic, designer and manufacturer of products for the aerospace, defence, telecoms infrastructure and space industries, has clinched a lucrative £2 million contract with the globally acclaimed defence and security company, QinetiQ, to design and supply the full RF chain sub-system for a new radar system that will be used for land, sea and air […]
Leeds-based chip designer secures £21M investment for ground-breaking tech
A British semiconductor designer, whose innovative light-powered technology holds the potential to address a major data security challenge, has secured substantial funding from investors, including Italy’s affluent Agnelli family. Optalysys, headquartered in Leeds, recently concluded a Series A funding round of £21 million this month, to facilitate job creation and further advance its journey towards production. Optalysys has been […]
Sheffield EV charger start-up Mina secures investment from NorthInvest
A Sheffield-based electric vehicle (EV) technology start-up has secured seed investment from angel investor platform NorthInvest in a deal which values the business at £2m. Mina has developed EV charging software to support the management of electric vehicle fleets. It was established in December 2019 by founders Ashley Tate, formerly founder of utilities management service […]
£500k investment in innovative electronics manufacturer
A Durham-based start-up is developing a new process to manufacture electronics devices on synthetic diamonds. Evince Technology has raised £525k through private investment and Innovate UK match-funding. It will use the funds to further develop its technology and grow from demonstration to pilot phase in 2021. Evince Technology claims to be developing breakthrough electron devices using […]
Avoira launches thermal cameras to help fight coronavirus
A Bury-based tech firm is helping to lead the fight back against coronavirus by launching a range of “smart” thermal detection cameras. The cameras are being sold by Avoira and use artificial intelligence to detect a person’s skin-surface temperature in just one second, and can scan both individuals and groups. The cameras also automatically alert operators when detecting […]
Electronic components firm relocates Manchester office
Supplier of electronic components Arrow Electronics has relocated its Manchester office as part of a restructure of its UK locations. Arrow Electronics has taken a five-year term at Trafford House, moving from its previous base at New York Street. US-owned Arrow has three divisions, including Arrow Enterprise Computing Solutions in Harrogate and Arrow Components in […]
Sheffield NHS Trust seeks electronic baby tagging supplier
One of the UK’s busiest maternity wards plans to implement an electronic baby-tagging system for newborn children. Sheffield Teaching Hospitals NHS Foundation Trust is looking to install the technology at the neonatal unit of the Jessop Wing Maternity Hospital, which is part of Royal Hallamshire Hospital near the city centre. The trust is seeking a […]
SoundChip moves into new office at Sci-Tech Daresbury
Swiss-headquartered wearable sound technology firm, SoundChip, has opened a new office space at Sci-Tech Daresbury, a National Science and Innovation Campus in the Liverpool City region between Runcorn, Warrington and Manchester, where it has been based since 2011. Thanks to strong appetite for its system-level audio solutions, which are used by global brands including Panasonic, […]
Government launches £68 million AI and robotics fund
The Government has announced more than £68 million of investment from the Industrial Strategy Challenge Fund (ISCF) for a programme of robotics and artificial intelligence (AI) projects aimed at improving safety in extreme environments. The programme will develop robots and artificial intelligence to take on jobs in the freezing depths of the North Sea, dealing […]
Wakefield supercomputer startup raises £3 million funding
Technology start-up Optalysys Ltd based in Wakefield and Nevada, US, has raised more than £3 million from angel investors in order to manufacture its first commercially available product. The company has raised £3.05m ($3.95m) from undisclosed angel investors to manufacture the first commercially available high-performance computing (HPC) processor based on its patented optical processing technology. […]
Nomad Digital appoints new US East Coast sales manager
Nomad Digital has boosted its employee numbers in America after recruiting new sales manager Greg Holmes. Mr Holmes brings 17 years of experience in the freight and passenger rail market, including on-board signalling sales and project delivery experience. His work around implementing complex on-board communication management and PTC management systems will bring significant benefit to […]
Electronics firm Filtronic announces ‘robust’ result predictions
AIM-listed electronics manufacturer Filtronic has confirmed that it is expecting to post revenues of £35 million for its financial year. The Leeds-headquartered business designs and manufactures microwave electronics products for wireless telecoms infrastructure projects expects to report revenue of approximately £35.4m, more than double 2016’s total of £13.6m, following its audit. The results for the […]