Electronics firm Filtronic announces ‘robust’ result predictions

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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 […]

Industrial IoT firm Prismtech expands Gateshead presence


Industrial IoT firm PrismTech has taken space at a refurbished building on Gateshead’s Team Valley. PrismTech supplies data connectivity and IIoT platform solutions, tools and professional services its customers need to build Industrial IoT systems. PrismTech has twice been named a ‘Cool Vendor’ by Gartner. Now, it’s moved to a property formerly known as Talipot […]

New finance director joins electronics firm Stadium Group


Technology company Stadium Group has appointed a new group finance director. Winston North will officially start on 15 May, and has also been made company secretary. Stadium Group offers fully integrated design-led electronics technology solutions and global manufacturing and fulfilment solutions. North joins Stadium Group, which has operations in Reading, Hartlepool, Eastleigh and Norwich from, from […]

Top tech firms in the North hit £1.9 billion revenue

Award win

The top 100 fastest growing technology companies in the North generated £1.9 billion in revenue in 2016, according to tech investment bank GP Bullhound. Hugh Campbell, managing partner of GP Bullhound, commented: “After years of huge potential, Northern tech companies now command the valuations and deals worthy of international recognition. “The tech sector in the […]

Nomad Digital wins contract to provide WiFi for ‘next generation’ trains in Netherlands

Nomad Digital Dutch wifi trains deal - TechSparx

Alstom-owned train wifi business Nomad Digital has won a contract to deploy passenger WiFi across a new fleet of trains being built for use in Europe. Newcastle-based Nomad is working with parent company Alstom to deploy its tech across the new 79-strong Intercity Next Generation (ICNG) fleet. As well as providing WiFi for the trains, […]

Petards wins £4.3 million contract with Swiss rail manufacturer

Stadler firt train - TechSparx

Team Valley’s Petards specialises in advanced security and surveillance systems, and has secured a £4.3m agreement with a Swiss train manufacturer that is building trains for new UK services. AIM-listed Petards’ systems are used for defence, rail and emergency services, and the firm has recently started to target the new-build train sector, in tandem with the introduction of […]

Smart home security startup Cocoon raises £2.46m on Crowdcube


Smart home security system provider Cocoon has raised £2.46m in equity crowdfunding on Crowdcube, with support from 1,117 investors and reaching a $15m valuation. The startup launched on crowdfunding site Indiegogo in November 2014 and went on to raise $250,000 (approximately £198,000)It has also attracted £2.69m in strategic investment from Aviva Ventures and Breed Reply […]

Entry deadline extended for the UK’s longest running digital awards

Award win

The deadline for submissions for the Big Chip Awards until 5pm on Monday 20th March to enter. The Big Chip awards have celebrated excellence in digital and technology companies, organisations and individuals across the region for almost two decades – in areas including animation, search, user experience, eCommerce and digital transformation. Businesses, individuals and students from […]

BT seeking 180 new apprentices and graduates in North West


BT is creating 1,700 new apprenticeship and graduate jobs as it continues to equip young people with the skills and training needed to meet the challenges of the evolving jobs market. In the North West, BT is to create about 180 apprenticeship and graduate jobs.  The new recruits will be across the company’s sites in […]

Leeds smart home security business to crowdfund £1.5m


Leeds smart home technology company Cocoon Alarm is looking to raise £1.5m in its latest fundraising bid on crowdfunding platform Crowdcube. The company has looking to secure a £2.5m round by 4 March 2017, with original investors Aviva Ventures and Breed Reply Investments already committing £1m. It will use the latest investment to reduce unit […]

Newcastle-based IT company Cavtec launches vintage computer game parties for children


A collection of vintage computer games has seen a Newcastle IT company offer children’s parties. The retro gaming platform set-up by Cavtec Systems Ltd provides a taste of of nostalgia with the chance to indulge in retro gaming with a collection of pre-internet, late 20th century games. Cavtec – whose regular business involves supplying computer […]

Durham tech firm Kromek wins two national innovation awards


North East technology company Kromek has won its second – and third – national awards this month after taking two prizes at the IET Innovation Awards. Just a week after taking the Tech Achievement of the Year at the UK Tech Awards, the Sedgefield-based firm won the Intelligent Systems and Navigation and Surveillance Communications categories […]

Manchester’s Smartlife secures investment for wearable technology


Manchester-based wearable technology business Smartlife has secured equity investment to help commercialise its product. Smartlife has developed technology which can be integrated into garments such as sportswear to read biometric signals and convert it into real time actionable insight. The patented technology is paired with electronics which feed back information including heart rate, respiration, activity […]

Edge Hill uni unveil UK’s first 3D virtual environment


Lancashire’s Edge Hill University is on course to unveil he UK’s first super immersive 3D virtual environment as part of its new £13m Technology Hub. The four screen CAVE (cave automatic virtual environment) will offer both students and businesses the chance to fully immerse themselves in a virtual room. Using real data, users will be able […]

Deloitte to bring Startup Leadership Program to Manchester


Professional services giant Deloitte is planning to bring its lobal training initiative the Startup Leadership Program to Manchester. The programme offers support to start-up CEOs in Manchester and the North. Deloitte will provide a venue for training and events over six months while Deloitte representatives may help shape the SLP curriculum and content of the […]