SME Export Track 100

Exports grew to £6.5m last year at this Glasgow firm, which designs and makes lasers for some of the world’s leading research institutions. Applications include monitoring of CO2 and other pollutants, as well as medical diagnostics. Last June it secured a second round of investment from BGF to fund international expansion. The company already has offices in China, Japan and the US. Serial entrepreneurs Graeme Malcolm, 48, and Gareth Maker, 52, started the business in 2006.

This profile reflects the company at time of publication 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.

Company details
CompanyM Squared
ActivityLaser designer and manufacturer
2 yr av intl sales growth % pa39.28%
International sales £000s6,507
Total sales £000s8,532

If applicable:

* Supplied by company † Annualised figure