Tewkesbury-based Satamatics designs and operates satellite tracking devices used in the transport and security industries. The data transmitted can, for example, locate shoals of fish, the position of ships, or monitor corrosion in oil and gas pipelines. The company was founded by chairman Roy Cole and chief executive Peter Chisholm, and its growth has been helped by a greater demand for security and by new laws. Sales have grown 124% a year from £1.3m in 2003 to £6.7m in 2005.
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