BGF portfolio company M Squared Lasers hosted Dr Vince Cable, the UK government minister responsible for Business Innovation and Skills during a visit to Glasgow on 8 January 2013.
During the visit Dr Cable toured the company headquarters and was shown some of the latest product development activity and also viewed the manufacturing facility.
The UK’s Engineering and Physical Sciences Research Council (EPSRC) has funded 14 development projects that will explore potential uses of photonics technology in new manufacturing processes.
Worth £3.6 million overall, the support was announced by the UK government’s business secretary, Vince Cable, on a tour of Glasgow-based M Squared.
The money will fund a series of 18-month feasibility studies looking at the potential for new photonics techniques to be used in market sectors ranging from pharmaceuticals to electronics and security.