St Asaph-based opto-electronics specialist Glyndŵr Innovations has been named the fastest growing business in Wales by the Wales Fast Growth 50 programme.
Established by Glyndŵr University, from 2009 to 2011 Glyndŵr Innovations grew by 494 per cent. Glyndŵr brings together academics, conducting research into highly specialised areas of opto-electronics, and businesses looking to develop that technology for commercial purposes. The Wales Fast Growth 50 programme is organised by the University of Wales Global Academy and has been running since 1999. The programme’s awards are sponsored by various companies and there are 13 awards including, sustainable growth and the fastest growing business in, financial services, mid to large sized firm, construction and Cardiff.
Dr Phil Harris, managing director at Glyndŵr Innovations, said: ‘Glyndŵr Innovations is delighted to have been named as Wales Fast Growth 50 project’s fastest growing business of the year. It’s a testament to our continuing efforts to offer excellence in our field and we’re fully committed to building on this success still further in the future.’
Glyndŵr’s successes include winning a €5m contract to provide 1.4 metre prototype hexagonal segments for the planned European Extremely Large Telescope; becoming the location for an £8 million project to establish a centre of excellence for ultra-precision and structured surfaces; and the development, in conjunction with Balfour Beatty and Yorkshire Water, of advanced micro-camera/sensors for detecting leaks in mains water pipes.