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Pyreos handed investor boost

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Published Date: 30 June 2009
INFRARED technology company Pyreos has secured a £1 million pay-out from investors, allowing the business to move towards commercialisation.
The Capital-based firm has developed an infrared sensor aimed at the security and petrochemical sectors. The company said the funds would help secure long-term supply contracts and £8 million in initial orders by May.

Founder Jeff Wright said: "We have made good commercial and technical progress so far and now seek to capitalise on that progress with the new funding."





The full article contains 86 words and appears in Edinburgh Evening News newspaper.
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  • Last Updated: 30 June 2009 9:49 AM
  • Source: Edinburgh Evening News
  • Location: Edinburgh
 
 

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