Tech Track 100

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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Company details
CompanyIntelligent Energy
ActivityPower systems developer
Average 3 year sales growth57.13%
Latest sales £000s11,869

If applicable:

* supplied by company † annualised figure