February 24th, 2017 | Company News
Parliamentary meeting highlighting British Photonics
Earlier this week, two of our representatives attended a Parliamentary meeting held at the Thames pavilion within the Houses of Parliament, London, to raise awareness of the importance of British Photonics. During the 2 hour session, MPs met with companies within the photonics industry to understand the rate at which the market is growing and the benefit this will have on the UK economy.
Photonics is a growing industry globally due to fast rate at which research and technology advances. The sector has experienced sustained growth of 6-8% per year over the last 3 decades, and includes more than 1,500 companies who employ over 70,000 people, generating £10.5bn. Here at Laser Quantum, our growth has been astonishing; with 5 sites in the UK, 2 in Germany and 1 in the US, we are a prime example of a growing photonics company. We will continue to help and support projects highlighting the importance of British Photonics and we are proud to be contributing towards economic growth.