Tech Track 100

Silixa’s technology analyses the scattering of light in fibre-optic cables to give information on temperature, sound, flow composition and seismic disturbance along its length — a technology that has uses in the energy, security and industrial sectors. Its main application is in the oil and gas industry, where a cable put down a well can send back data from each metre of its length — which can be over 50km — for the life of the well. Co-founded in 2007 by Mahmoud Farhadiroushan, 51, the Hertfordshire firm counts all the oil giants as clients. Backed by Lime Rock, Chevron Technology and Statoil Technology, Silixa had sales of £5.1m in 2013.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
ActivitySensor technology developer
Average 3 year sales growth73.65%
Latest sales £000s5,119

If applicable:

* supplied by company † annualised figure