2012 The Sunday Times Hiscox Tech Track 100
Rank: 55 Intelligent Energy
Growing demand for ‘green’ vehicles has helped drive sales growth at this Loughborough business, which develops clean energy technology for cars and consumer goods. In February, it announced a partnership with Suzuki to develop engines powered by hydrogen fuel cells for mass production, and has also partnered with Scottish & Southern and Boeing. Under chief executive Dr. Henri Winand, sales grew 57% a year from £3m in 2008 to £11.9m in 2011. The company raised £22m from investors including Artemis Global Energy in its latest funding round in February 2012.
Copyright © 2015.
This profile reflects the company at time of publication (as identified in top left-hand corner) and does not reflect any changes that may have subsequently occurred.
Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.
Power systems developer
|3-yr av sales growth||57.13% pa|
|Location of HQ||Loughborough|
* = supplied by company
‡ = annualised figure