Saturday, 26 July 2014
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Owlstone sale generates £2.2m investment

A $3.3m (£2.2m) investment has been secured by nanotechnology company Owlstone through the sale of shares from its US-based business Owlstone Nanotech.

The investment will help to accelerate Owlstone’s product-development programmes with particular focus on the security and defence industries, where the company has been awarded development contracts from the US and UK governments for field-deployable explosive- and chemical-detection systems.


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Digital Edition

The Engineer July Digi Issue

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Should deepening tensions with Russia - and concerns over the impact of economic sanctions - influence the UK's energy policy?

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Europe's largest tidal array in the Pentand Firth off Orkney will eventually generate up to 86MW of power. What will it take for tidal energy to make an appreciable contribution to the UK's energy needs?

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