This Crawley company designs and manufactures high-powered lasers that are used in the production of flat-panel displays at LG and Samsung, the South Korean television giants. Since it was set up in 2000, Powerlase has raised £16.5m in a series of funding rounds to finance the development of its proprietary short-pulse technology and bring it to market. Chief executive Tony King is making inroads into the semiconductor industry, with a range of lasers for extreme ultra-violet lithography and solar-cell manufacturing. Sales at the company have grown 183% a year from £1.2m in 2004 to £9.2m in 2006.
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