Author: Dave Antrobus

Filtronic, a leader in telecom technology, has secured a £7.1 million order from SpaceX, reinforcing its pivotal role in the Starlink initiative.The contract highlights the growing collaboration between Filtronic and SpaceX, focusing on advanced tech solutions to enhance global internet services.Significant Contract Secured with SpaceXFiltronic, a noted entity in telecoms technology, has successfully secured a substantial contract valued at £7.1 million with SpaceX. This agreement underscores a growing demand for its advanced E-band solid state power amplifier (SSPA) modules, crucial for supporting SpaceX’s Starlink constellation. This development marks a continuation of cooperation aimed at enhancing global internet connectivity.Partnership Details and…

Alliance Pharma, based in Chippenham, Wiltshire, has announced a significant organisational change by removing the chief operating officer position. This decision aligns with the company’s aim to streamline its management approach, thereby accelerating its global business operations.The pharmaceuticals firm anticipates that this restructuring will sharpen its focus on key growth markets, particularly within international consumer healthcare sectors. Such strategic changes are expected to fortify its standing as a leader in the industry.Alliance Pharma Streamlines ManagementPharmaceuticals firm Alliance Pharma has made a strategic decision to eliminate the role of chief operating officer (COO) as part of its efforts to “simplify” its…

Bus services across Cornwall and Somerset face significant disruption as over 300 members of the RMT union initiate a 48-hour strike. The industrial action stems from a dispute with First South West over pay and working conditions.With picket lines set up in key areas such as Penzance, Taunton, and Camborne, multiple services are affected, including Buses of Somerset and Adventures by Bus. First South West aims to maintain operations amidst the strike, highlighting the complexity of ongoing negotiations.Significant unrest is brewing within First South West as negotiations with the RMT union have reached a stalemate. Over 300 bus workers are…

True Position Robotics (TPR), a pioneering firm in aircraft robotics, has secured £1 million from the Midlands Engine Investment Fund II. This marks a significant first investment for the fund, aimed at advancing innovation in aircraft manufacturing.True Position Robotics (TPR), a leader in the robotics sector, has achieved a landmark by securing a £1 million investment from the Midlands Engine Investment Fund II. This pivotal funding will enable TPR to enhance its research and development as it collaborates with industry giants like BAE Systems. The investment marks the first major input by the fund across the Midlands region.The company’s technology…

TechnipFMC has secured a substantial contract with Energean, marking a significant milestone in offshore engineering. The deal, valued up to $1 billion, involves extensive work in the Mediterranean Sea, offering economic opportunities and reinforcing TechnipFMC’s expertise.Securing a Major ContractTechnipFMC has successfully secured a substantial contract with Energean, valued between $500 million to $1 billion. This agreement encompasses a comprehensive engineering, procurement, construction and installation (iEPCI) contract for the Katlan development in the Mediterranean Sea. The project includes designing, manufacturing, and installing key production systems like pipes, umbilicals, and subsea structures.The Mediterranean project is expected to reinforce TechnipFMC’s market position and…

Cardiff Airport may soon receive a £200 million boost from the Welsh Government aimed at expansion and modernisation.The plan, pending regulatory approval, seeks to grow its passenger base and enhance its infrastructure over the next decade.Welsh Government’s Significant Investment PlanThe Welsh Government announced a substantial plan to inject over £200 million into Cardiff Airport over the coming decade. The objective is to bolster growth by attracting new airlines and routes, thereby aiming to surpass two million passengers annually. This measure, if approved, will bring the total governmental support since 2013 to nearly £400 million.This investment will focus on enhancing the…

Cab Campaign, celebrating its fifth anniversary, continues to expand its influence in the PR industry with recent client acquisitions and team enhancements.The agency’s growth is marked by strategic partnerships and a commitment to excellence, reflecting its dynamic approach to public relations.Client Wins and Strategic GrowthPR agency Cab Campaign marks its fifth anniversary with a wave of new client wins, reflecting its continued growth and success in the industry. The agency, headquartered in Alcester, was established by former employees of the now-defunct Bromsgrove agency, Superdream. Their recent client acquisitions include notable names such as Eden Camp, a modern history museum located…

Standguide Group has embarked on a new journey by becoming 100% employee-owned. This strategic move is part of a growing trend in the UK towards alternative business ownership models.Transition to Employee OwnershipIn a significant move, Standguide Group has transitioned to a 100% employee-owned model. This decision, supported by the North West law firm Brabners, reflects a growing trend among UK businesses towards adopting alternative ownership structures. By shifting to employee ownership, Standguide aims to secure its independence and establish a sustainable succession plan, ensuring longevity and stability for the company.The Role of Brabners in the TransactionBrabners, a law firm with…

In the past year, the British Business Bank has significantly bolstered the growth of over 870 start-ups in the West Country. These businesses have benefited from finance packages totalling £11 million.The Start-Up Loans programme, a vital part of this initiative, has provided not only financial support but also essential mentoring, setting a strong foundation for emerging entrepreneurs across diverse sectors.British Business Bank’s Impact on Start-UpsOver the last year, more than 870 start-ups in the West Country have received financial support from the state-owned British Business Bank, highlighting its significant role in fostering regional business growth. These enterprises obtained finance packages…

Cardiff’s Lexington Corporate Finance has been acquired by FRP Advisory for £3.5 million.This strategic acquisition advances FRP’s presence in the Welsh market, marking its tenth UK transaction. With a focus on organic growth, the deal underscores the potential of the firm’s selective acquisition strategy.Acquisition OverviewFRP Advisory, listed on the Alternative Investment Market, has recently acquired Cardiff-based Lexington Corporate Finance for £3.5 million. This acquisition marks FRP’s first entry into the Welsh market and its tenth UK acquisition since its public listing in 2020. The deal was structured with a combination of £2.2 million in cash, including £500,000 upon completion, and…