Product category:
Pressure sensors
News Release from: Polaron Controls
Edited by the Engineeringtalk Editorial
Team on 21 May 2004
Flotation readies Polaron for new
acquisitions
Polaron's recent listing on the AIM market will allow its already rapid growth to accelerate further following the subscription of additional capital.
Polaron's recent listing on the AIM market will allow its already rapid growth to accelerate further following the subscription of additional capital "As well as expanding Polaron organically through research and development, we shall be able to acquire technology companies that do not have the critical mass in terms of turnover and R and D resources to grow profitably", stated Chief Executive Joe Stelzer
This article was originally published on Engineeringtalk on 28 Aug 2003 at 8.00am (UK)
Related stories
Depth sensors to upgrade anti-submarine torpedo
A contract from BAE Systems to supply the pressure sensors for the Sting Ray lightweight torpedo has been won by Polaron Schaevitz.
"In addition, we have considerable experience in turning around loss making companies that have a strong technology base".
Polaron Components is recognised worldwide for its specialist switches and sensors.
These are widely used in the most demanding applications, including in defence, aerospace, offshore, process engineering, rail, security and medical equipment.
The company recently won a GBP 1 million contract from BAE Systems to supply the pressure sensors for the Sting Ray antisubmarine torpedo.
In 2002, the Watford-based group purchased the world-renowned Schaevitz pressure and displacement sensor lines.
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