Peratech relaunches with component sale model for industrial controls
Newly relaunched UK company Peratech is targeting the industrial control market with its quantum tunnelling composite (QTC) materials.
POSTED BY Peratech | Jun 18, 2015 |
The relaunched venture showed a demonstrator at the Hannover Messe 2015 event on 13-17 April. This uses Peratech’s QTC opaque material to create a resilient, conformable lighter-touch human machine interface (HMI).
Peratech began in 1996 as a company to commercialise QTC materials. The Richmond, Yorkshire-based had been growing commercially as a materials supplier and technology licensor, and was acknowledged in 2011-12 for its technology development with a clutch of awards.
It later encountered difficulty, however - and, in January 2014 Peratech entered administration after the withdrawal of a major customer led to a cash flow shortfall.
Jon Stark, CEO of the relaunched Peratech, spoke exclusively to +Plastic Electronics about QTC’s potential in a new generation of touch-sensitive controls and the new business model he is leading at Peratech.
Read more of the +Plastic Electronics article at: