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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Company details
Year2007
Rank21
CompanyPowerlase
ActivityLaser designer and manufacturer
LocationCrawley
Average 3 year sales growth182.71%
Latest sales £000s*9,216
Staff59
Founded2000
Websitewww.powerlase.com

If applicable:

* supplied by company † annualised figure