Cobalt Light Systems debuts at number 10 in the Tech Track 100 league table, which ranks Britain’s fastest-growing private technology, media and telecoms companies.
The 14th annual Sunday Times Hiscox Tech Track 100, published on Sunday 7th September 2014, placed Cobalt Light Systems in the top ten of a prestigious list of technology firms in the UK. At the awards ceremony on November 19th, Cobalt was also presented with the Tech Track 100 high-tech manufacturing award. Inclusion in the list reflects Cobalt’s rapid growth since 2011, with innovative technology enabling the development of successful products in two key markets:
- 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 9 of the largest 10 global pharmaceutical companies
Dr Paul Loeffen, CEO of Cobalt Light Systems, said, “Cobalt’s inclusion on the Tech Track 100 reflects the excellent growth we are achieving. We are also exploring many new applications using our proprietary technology, and this continued momentum will help us to maintain our rapid growth in the future.”
For more information:
- Full Tech Track 100 league table
- More information on Cobalt Light System’s Tech Track 100 entry
- Full details of The Sunday Times Hiscox Tech Track 100, including the selection criteria
About Cobalt Light Systems:
Cobalt Light Systems began operations in July 2008, starting as a spin-out from the UK’s Science and Technology Facilities Council’s (SFTC) Rutherford Appleton Laboratory, to manufacture a range of products based on Raman spectroscopy. By using novel variants of Raman, Cobalt’s instruments are able to accurately analyse materials hidden inside objects or through barriers such as skin, plastic and paper. Cobalt’s RapID and TRS100 systems have unique applications in drug production and clients include 9 of the world's top 10 pharmaceutical companies. The Insight100 range is used to screen liquids at security checkpoints, including more than 65 European airports and 8 of the top 10 hubs.