CUTTING-edge electronics firm PragmatIC has expanded into new purpose-built premises in County Durham to accommodate its rapid growth and job creation.
The university spin-out, which manufactures low-cost integrated circuits that are thinner than a human hair, has taken lab and office space in the new Explorer units at the region’s flagship science park NETPark, in Sedgefield.
“We’re growing rapidly and we needed our own space as the business progresses. The new Explorer building really is an ideal place for us,” said Ken Williamson, chief operating officer.
“We initially came because of the printable electronics centre but access to a highly skilled semi conductor workforce in the North East has been a key factor in us staying and growing here, as well as the value for money office space and the access to funding.”
PragmatIC’s products can be embedded in a vast range of everyday items, enabling smart packaging, smart labels and smart objects that can engage with consumers and their environment. Ken said the anti-counterfeit market presented huge opportunities for growth with their technology offering brand protection.
“Our products are thinner and their flexibility allows them to be embedded into products that have been off limits for traditional silicon. They’re so fine they can go into paper and card and it’s one tenth of the price to implement,” he said.
PragmatIC, which spun out of Manchester University in 2010 and has its HQ in Cambridge, currently employs 50 staff – 25 of which are in the North East – and is looking to recruit another 20 staff, with the majority of the new jobs being at NETPark.
Brian Archer, managing director of Business Durham, which works on behalf of Durham County Council, said: “There are no limits to the use of PragmatIC’s innovative technology and their new space in the Explorer building will allow them to take their business to the next level with the support of its highly skilled team in the North East.”