The funds will enable the company to capitalise on an expanding number of commercial opportunities, deliver economies of scale and accelerate future revenue growth.
The move from the Oxford BioEscalator to one of the UK’s largest biomedical innovation centres is in preparation for its future growth and ambition to transform cancer care.
The innovative cancer diagnostics company was identified from eight start-ups as a promising solution to the NHS and UK life science’s needs.
The deal for 3,300 sq ft of office space was agreed by commercial property consultants VSL & Partners during the COVID-19 lockdown.
Building on the success of an earlier project funded by the government, this pilot project intends to improve the ability of RACE to host Connected and Autonomous Vehicles (CAV) trials.
Headline revenue was £30.3m, down 14.3% on the previous year as pandemic has caused short-term sales delays, particularly in the USA.
Historically, it may have been difficult to find the right people for temporary roles at senior levels. However, the employment market has been upended.
The new premises will offer visitors to the UK’s Home of Historic Motoring the opportunity to experience the production of Sky Wave Gin’s range of premium craft gins.
The centre in Banbury was opened in 2019 and allows the company to accelerate the development of alternative-fuel powertrains and internal combustion engines.
Morgan Motor Company is to become the latest resident at Bicester Heritage with the opening of an experiential hub at the former RAF Bicester site.