We work tirelessly to enhance the operational effectiveness of key security teams through the provision of smarter nuclear security technology
Symetrica is pleased to announce that it has secured substantial new investment to accelerate its international expansion plans. The investment will enable the company - which provides outstanding solutions for customs, border protection, law enforcement, emergency services, military personnel and first responders - to finance research and development and enhance its international sales programme. It already supplies radiation detection and identification solutions to the United States Government homeland security team and other partners worldwide.
CEO Heddwyn Davies commented: “We work tirelessly to enhance the operational effectiveness of key security teams through the provision of smarter nuclear security technology which has broad deployment potential across civil, first response and military operations. The incremental funding that we have been awarded by our existing investor group led by Nesta and Parkwalk, is an important step forward in enabling us to expand awareness of our existing security solutions as well as equipping us to make the necessary investment to keep one-step ahead of the complex global security market.”
Symetrica was established in 2002 as a spin out from the Department of Physics and Astronomy at the University of Southampton. It subsequently established a North American technology and manufacturing centre in Maynard, Massachusetts in 2005 specifically to support the US homeland security market.
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Notes to Editors
Symetrica (www.symetrica.com) provides high technology radiation detection and identification for Security and First Response teams. Symetrica partners with Prime Contractors to incorporate ‘disruptive’ technology into security products for the world-wide market. Symetrica’s continued success is founded on the creation of new capabilities in the detection and identification of nuclear materials.
Nesta (www.nesta.org.uk) is the UK's innovation foundation. We help people and organisations bring great ideas to life. We do this by providing investments and grants and mobilising research, networks and skills. We are an independent charity and our work is enabled by an endowment from the National Lottery. Nesta is a registered charity in England and Wales 1144091 and Scotland SC042833
Park walk (www.parkwalkadvisors.com) is a London-based independent investment management firm with a portfolio focused on companies spun out from the UK's leading universities and other researchintensive institutions to develop and commercialise relevant new technology.
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