2012 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.
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Power systems developer
|3-yr av sales growth||57.13% pa|
|Location of HQ||Loughborough|
* = annualised figures
‡ = draft accounts