David Pointer’s business sense is as focused as the laser technology he has designed. When the physics PhD from Southampton University wanted to develop fibre-optic cables that would enable laser beams to be targeted more precisely, he did not just get an overdraft, he sold his wife’s car and the house where they had just had their first child to set up Point Source in 1991. The company’s flexible cables, which take the high-precision laser beams to the point where they are needed, are now used in keyhole surgery and to create microchips. Point Source’s sales have increased 64% a year, from £1.9m in 1998 to £5.2m in 2000.
The Southampton company holds six patents and employed 48 people last year.
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