PragmatIC Semiconductor secures $80 million funding
PragmatIC Semiconductor secures $80 million funding
PragmatIC Semiconductor secures $80 million funding

New investment supports second FlexLogIC fab to meet soaring demand for flexible chips PragmatIC Semiconductor, a world leader in flexible electronics, is proud to announce that it has secured $80 million of Series C funding. This scale-up investment will be used to build a second FlexLogIC® fab in the North East of England, to meet the […]

Global brand adds to North East England’s ‘northshoring’ success
Global brand adds to North East England’s ‘northshoring’ success
Global brand adds to North East England’s ‘northshoring’ success

North East England has welcomed another international company to the area, adding to the region’s reputation as one of the UK’s leading northshoring destinations. Global online food delivery company Just Eat recently announced it is creating 1,500 new customer service jobs in Sunderland, and it joins a long list of International companies who have already […]

New Space Enterprise Lab opens in County Durham
New Space Enterprise Lab opens in County Durham
New Space Enterprise Lab opens in County Durham

The Satellite Applications Catapult has opened one of its six brand new Space Enterprise Labs (SEL) in County Durham today. The Space Enterprise Lab, which will provide users with access to the latest collaborative technology, resources and expertise, has opened at the North East Satellite Applications Centre of Excellence at NETPark in Sedgefield. The Space […]

Minister visits science and technology park set for £50m investment
Minister visits science and technology park set for £50m investment
Minister visits science and technology park set for £50m investment

A Government minister has visited NET Park (The North East Technology Park) as it looks set to expand through a £50million investment. George Freeman MP, Minister for Science, Research and Innovation at the Department for Business, Energy and Industrial Strategy, was at NETPark in Sedgefield today. The business park will be extended with a new […]

NORTH EAST POTENTIAL ON SHOW AS PART OF PAKISTAN CONSULATE VISIT
NORTH EAST POTENTIAL ON SHOW AS PART OF PAKISTAN CONSULATE VISIT
NORTH EAST POTENTIAL ON SHOW AS PART OF PAKISTAN CONSULATE VISIT

The North East’s global trade, inward investment and export potential has been showcased as part of an international delegation that welcomed Pakistan’s Consulate General, H E Tariq Wazir, to the region. Along with Commercial Secretary, Muhammad Akhtar, from the Pakistan High Commission, Mr Wazir toured key commercial development sites including AirView Park with business leaders […]

Switched-on: County Durham tech start-ups set for success
Switched-on: County Durham tech start-ups set for success
Switched-on: County Durham tech start-ups set for success

Business Durham has supported the launch and growth of three technology companies thanks to its six-month accelerator programme for start-ups. Networking platform NetKnoWho, taxi and private hire app taxigoat and messaging app ChatPro all took part in the Durham City Incubator (DCI), designed to nurture and support ambitious innovative entrepreneurs to help them build a […]

World leading electronics company, II-VI expands to create high-tech jobs in Durham
World leading electronics company, II-VI expands to create high-tech jobs in Durham
World leading electronics company, II-VI expands to create high-tech jobs in Durham

A WORLD-LEADING electronics company has announced a major expansion that will lead to the creation of high-calibre jobs in the North-East. II-VI Compound Semiconductors Ltd, based at Newton Aycliffe, manufactures radio frequency (RF) electronics and optoelectronics for high-technology applications in the aerospace and defence industry. The company, which has its headquarters in Pennsylvania, is investing […]

BBC makes biggest investment in the North East as part of a new regional partnership
BBC makes biggest investment in the North East as part of a new regional partnership
BBC makes biggest investment in the North East as part of a new regional partnership

From Berwick-upon-Tweed to Billingham, the BBC makes its biggest investment for decades in the North East as part of a new regional partnership with Northern Film + Media and the 12 local authorities and three combined authorities. The BBC will spend at least £25m over the next five years right across the North East to fund network […]