Investment to fund sensor developments
An
Oxford Sensor Technology product story
Edited by the Engineeringtalk editorial team
Apr 28, 2004
Oxford Sensor Technology (OST) has raised GBP 400,000 of investment, which is being used to speed up the development of new sensor technology.
Oxford Sensor Technology (OST) has raised GBP 400,000 of investment, which is being used to speed up the development of new sensor technology.
OST produces a range of sensors based on proven, yet technically advanced, principles for the guidance of industrial robots and for metrology applications.
The new funding will be used by the company solely for the purpose of reducing development cycle times and bringing new, and innovative, products to the market in the shortest possible time.
The first of a new generation of products will be launched this summer, after completing extensive trials at car manufactures in Europe and America.
Other new sensor systems will follow over the next 12 months.
With the additional funding, and the new sensor technology, which will result, Oxford Sensor Technology can look forward to an exciting future of company expansion and further product development.
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