World’s first compound semiconductor cluster launches in Wales

The world’s first compound semiconductor cluster has launched in South Wales, bringing together technology companies and academics. At the Wales Festival of Innovation, Newport Water Fab held a conference to declare the cluster open. More than 100 people attended the event. It attracted technology professionals, university researchers, existing and potential customers, government agencies and key...

Superfast broadband is accelerating the Welsh economy, says report

Digital technologies and high-speed broadband services are boosting the Welsh economy, according to a new analysis conducted by Cardiff University. The Economic Impact Report for Wales, which was compiled by a research unit at Cardiff Business School, quizzed 450 SMEs across Wales about their IT infrastructure. It shows that broadband-enabled services could help an estimated 111,000 small...

Aerospace pioneer forms research partnership with Swansea University

Aviation tech solutions company STG Aerospace has teamed up with Swansea University to develop safer products for the aerospace industry. Funded by the Welsh Government, the project will support the development of aviation technologies by linking academics with local businesses. Dr Sean O’Kell, director of innovation at STG Aerospace, said the company is going through...

Object Matrix scoops up another award

Cloud technology firm Object Matrix was recently named Object Storage Vendor of the Year at the Storage Awards following a year of growth. Organised by Storage Magazine, the awards recognise outstanding products, services and people across the cloud industry. The ceremony took place in The Tower Hotel, London. Based in Cardiff, Object Matrix has created a...

Electronics firm completes £400,000 management buyout

Technology company Camtronics Vale Limited has completed a management buyout after receiving a £400,000 loan from the Development Bank of Wales. Led by Paul Macleur, the senior management team has taken control of the £2 million electronics manufacturing business from PhotonStar LED Plc. Headquartered in Tredegar Business Park, the company employs 31 people and develops electronics for sectors such...

Welsh tech firm develops new sports prediction platform

A technology company based in Cardiff is looking to disrupt the UK gaming sector with its new online sports prediction platform. PredictorBet offers a different proposition to gambling by requiring users to show a certain level of ability and judgement to increase their odds of winning. With the software, the player has to predict the...

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