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July 20, 2020

Technology

aXenic secures European Horizon grant to launch space project

A technology company based at the North East Technology Park (NETPark) is developing components for the next generation of telecommunications satellites after receiving a grant of €400,000. aXenic is a market leader in the design, development and production of optical…

May 27, 2020

Business & Economy

Kromek extends DARPA deal to develop virus threat system

A technology firm known for helping thwart terror plots has secured a deal worth more than £4 million to further develop a system capable of identifying virus threats. Kromek has been awarded a contract extension by the Defense Advanced Research…

June 27, 2018

Technology

Newcastle start-up takes tech industry by storm

A Newcastle sales consultancy start-up has exceeded its first year’s ‘ambitious target’ of reaching £100,000 turnover and has been selected to be part of RTC’s Scaleup North East – a multi-million pound programme focused on…

January 18, 2022

Business & Economy

Sedgefield’s Kromek Group predicts record revenues as demand grows

A technology firm known for helping thwart terror plots is on target to record its “highest-ever full-year revenue” thanks to growing demand. Kromek Group says it is looking to “the future with great confidence” as contract wins complement order renewals…

May 3, 2019

Uncategorised

North wins £2m to support Angel Investment Accelerator Pilots from Innovate UK

A new pilot funding programme to encourage business angels in the regions to bring investment and expertise to pioneering innovative small and medium companies has awarded £2m to two North-based projects. A total of £3m of Innovate UK funding has been shared…

March 6, 2024

Ideas & Observations

The Big Question: March ’24

Kevan Carrick, Co-founder, JK Property Consultants Economic growth is crucial to bringing improved wellbeing to the people of our region. And there are key issues that need to be addressed to release property and help create that growth. We need a strategy…

September 28, 2017

Business & Economy

Newburn Riverside office building gets six-figure facelift

The Quadrant office building at Newburn Riverside has undergone a six-figure refurbishment two years after it was acquired by Kames Capital The property was the first office to be developed on the business park by UK Land Estates in 2003…

October 26, 2021

Business & Economy

Construction and education need to work together for MMC to thrive

With skills shortages prevalent across many other sectors, it is not enough to depend on the government to implement change; the industry needs to collaborate end to end, from encouraging children to have aspirations in school, to ensuring the delivery of qualifications aligned to employers’ requirements.