Keit was profiled as one of the regional business highlights in the January 2019 Thames Valley Business Barometer. In the profile, Dan Wood, Keit CEO, shared his views on Keit’s performance, the key challenges, and his opinion on the current economic-political conditions and their impact on the company.
Rooted in Oxfordshire, on the Harwell Campus
Dan Wood commented in the profile that he has a positive outlook on current performance of the company noting a ramping up of sales and expanded operations on the Harwell Campus. Keit began with a space technology concept through the European Space Agency Business Innovation Centre (ESA BIC) on the Harwell Campus in Oxfordshire, England and has continued to grow both in performance and manufacturing space. Now having launched a commercialised product, the IRmadillo FTIR spectrometer, Keit has flourished through the support of technology investors and access to world-class development facilities.
Business Outlook for the Future
Dan also stated he was confident in business prospects for the near future despite the uncertainty of the looming Brexit decisions, unlike the sentiment of surveyed businesses who reported a slight drop in confidence since the middle of last year. Despite potential hurdles, part of Keit’s confidence stems from a successful exporting strategy to key target markets in North America and Europe (with opportunities expanding into Japan, Australia and Scandinavia).
Advancement in Analytical Technology
One of the factors sustaining Keit in this season of economic uncertainty is the ability to innovate – to take a technology that originally applied to space exploration and apply it to solve industrial manufacturing challenges in sectors that have a need for improved analytical solutions and are faced with unsatisfying alternatives.
The IRmadillo has been developed to be a real-time process analyser to monitor chemical reactions in liquids – from differentiation of multiple sugars, to determining alcohol and acid concentrations in complex manufacturing processes where current technologies struggle. Biofuel, Oil & Gas, Chemical, Petrochemical, Pharmaceutical, and Food&Beverage industries rely upon instrumentation to monitor their production processes and to date are faced with limited options. Keit continues to differentiate itself with innovation.
About the Thames Valley Business Barometer
The Thames Valley Business Barometer summarises the results of a twice-yearly survey focused on economic confidence and corporate performance for the Thames Valley (Oxfordshire, Berkshire, Buckinghamshire, Middlesex) – widely recognised as one of the top economic regions in Britain outside of London, particularly due to the technology sector. In addition, the issues include regional business profiles, a roundtable business discussion and highlights a current business trend. The January 2019 issue includes the topic of cybersecurity. Read the January 2019 issue, or just Dan Wood’s interview on Page 9 of the report.
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