This company’s technology helps automotive firms, such as Honda, Nissan and BMW, to test and develop cars. Its flagship VBOX product measures speed, position, distance and acceleration and can be used to assess braking distance and driver assistance systems such as adaptive cruise control. It also manufactures a VBOX motorsport range and a VBOX Indoor Positioning System to track objects inside buildings or underground. Its LabSat product is a GPS simulator that records and replays satellite signals to test products such as fitness wristbands and car navigation systems. The Buckingham business sells to 100 countries and generated 88% of its £14.5m sales overseas last year, when profits hit £2.5m. Profits are forecast to rebound to £4.5m in 2021. Founder and managing director Julian Thomas, 52, and chief executive Graham Mackie, 58, plan to open a Californian office this year to target the film industry.
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