Foresight Group invests £1.5 million in INSPHERE Ltd., a leader in innovative metrology systems for automated manufacturing, to accelerate product development and market expansion.
Target Company Overview
INSPHERE Ltd. is a pioneering company specializing in metrology systems designed to enhance the accuracy of automated production lines. Founded in 2013 by CEO Ben Adeline and CTO Oliver Martin, INSPHERE has established itself as an expert in measurement and automation, providing valuable consultancy and training to notable manufacturers including Rolls-Royce, Airbus, and Jaguar Land Rover.
Originally focusing on metrology consultancy and subcontract management, INSPHERE has rapidly evolved to develop innovative measurement systems that address the growing need for smarter solutions in high-value manufacturing sectors. The company employs a team of ten metrology experts and has garnered a strong reputation for its cutting-edge in-process measurement technologies.
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Industry Overview
The aerospace, automotive, and defense industries are heavily reliant on automated manufacturing processes, where robots execute precise and repeatable actions on production lines. Traditiona
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Disclosed details
Transaction Size: $2M