Trackwise, which manufactures specialist products using printed circuit technology, has revealed plans to float on the London AIM.
The Company, based in Tewkesbury, consists of two divisions: Radio Frequency (RF) and Improved Harness Technology (IHT). The RF business unit manufactures specialist printed circuits primarily used in the antenna infrastructure to support the 3G/4G networks. The IHT division utilises the company's proprietary technology, a patented process that Trackwise has developed to manufacture unlimited length multilayer flexible printed circuits.
The directors believe that the technology has many applications but believe one of its primary uses could be to replace traditional wire harness used in a variety of industries. In excess of 70 per cent of produced output is exported primarily to continental Europe (Spain, Germany, France, and Ireland) - and from these customers on to mobile network operators across the world.
The float is expected to take place at the end of July.
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