The results of the 2012 Deloitte Technology Fast 50 were announced at an awards dinner in London on 8th November, with MBM’s client M Squared Lasers Limited being confirmed as the fastest growing technology company in Scotland and 8th in the UK as a whole. With an average annual growth rate of 1,603%, M Squared Lasers focuses on solving real-world problems with laser technology across a range of sectors, from explosives detection, remote sensing and biomedicines.
MBM are delighted to work with M Squared Lasers, including most recently helping the business to secure £3.85 million from the Business Growth Fund together with advising on a number of strategic core alliances and research and development projects. An example of a business that is clearly demonstrating the value of focusing across the global marketplace, we would like to congratulate all the M-Squared team on their achievements to date and look forward to seeing the business continue to grow in the coming years.
With a record five businesses represented in this year Deloitte's rankings, compared with 2010 when only two Scottish companies featured, Scotland's technology sector has enjoyed significant growth.
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