Fuel for Thought
£1 Million Funding Boost for Laser Monitoring Technologies
Jul 30 2008
The Univeristy of Strathclyde spin-out company drove the third round of funding alongside existing shareholders which includes Bank of Scotland Corporate, Braveheart Investment Group plc, Scottish Enterprise`s Scottish Co-investment Fund (SCF) and PUK Ventures. Cascade technologies has developed and patented the world`s first real-time technology for the detection, measurement and monitoring of gas emissions and explosives through its revolutionary use of quantum
In the past year Cascade`s technology has surpassed rigorous legislation requirements which has led to a sharp increase in sales throughout Europe and the USA.
The company`s security sensors have also undergone successful trials with the UK`s Home Office and Ministry of Defence. Iain Howieson, managing director of Cascade Technologies, said the new round of funding has been designed to support Cascadeâs sales and marketing efforts as it builds its order book.
He added: âCascade is in an exciting position to capitalise on the recent developments in trialling its technology and we are delighted to have sustained backing from our core investors. We look forward to taking more of our products to market and increasing our sales pipeline.â
In This Edition Measurement and Testing - Comparison between NIR/FT-IR and 3rd Generation OP-NMR Technology - Refinery Boiler Replacement Project’s Air & Fuel Gas Measurement Challenges So...
View all digital editions
Nov 29 2023 Verona, Italy
Dec 03 2023 New Orleans, LA, USA
Dec 12 2023 Nuremberg, Germany
Dec 13 2023 Istanbul, Turkey
Dec 14 2023 Roorkee, India