Cobalt Light Systems has been placed at the top of the SME Export Track 100 league table, which ranks Britain’s private small and medium-sized enterprises with the fastest-growing international sales over the last two years.
The annual Sunday Times BT Business SME Export Track 100, published on Sunday 17th May 2015, places Cobalt Light Systems top of a prestigious list of firms in the UK. Inclusion in the list reflects Cobalt’s rapid growth since 2012, with innovative technology enabling the development of successful products in two key markets:
- Airport Security - The Insight100 range of liquid explosive detection systems for scanning liquids in unopened containers, typically from passenger hand luggage, which is now deployed at over 65 European airports, including 8 of the largest 10. The product has won numerous accolades, including the prestigious Royal Academy of Engineering’s MacRobert award; the premier award for UK innovation in engineering.
- Pharmaceutical Analysis – Cobalt’s RapID and TRS100 systems enable cost-savings and safety improvements for raw materials identification and drug quality testing, which are essential requirements in pharmaceutical manufacturing. The instruments are currently used by 19 of the largest 25 global pharmaceutical companies.
Dr Paul Loeffen, CEO of Cobalt Light Systems, said, “Cobalt’s position at the top of the SME Export Track 100 is another great accolade for the company. Our success in export growth reflects the tremendous efforts we continue to make in bringing innovative products to market, and demonstrates the successful partnerships we have established with our regional distribution partners. In the last year we have opened a new Cobalt office in Washington, D.C. and we are exploring many new applications using our proprietary technologies. This continued momentum will help us maintain our rapid growth in the future.”
For more information:
- Full details of The Sunday Times BT Business SME Export Track 100, including the selection criteria - More info