The Company and Our Investment
Phase Vision Ltd was incorporated in 2002 and supplies optical inspection solutions for high-speed three-dimensional shape measurement with micro-scale accuracy. The Company's automated inspection systems allow in-process inspection of complex components, removing traditional bottlenecks in the manufacturing process. They have developed (and patented) a unique optical approach to measurement of very large (>100cm) industrial items with free-form or curved surfaces, such as ship propellers and aircraft wings. The Company's system offers the accuracy of mechanical systems (micron level) with performance far in excess of existing laser systems at a significantly reduced cost.
Octopus' investment enables the Company to bring their beat prototype to market and accelerate its commercial development programme.
"From the outset it was clear that Octopus offered us so much more than just the money: the valuable advice and experience we need to build a world-beating business. Phase Vision has the potential to be a very significant player in a growing market, and with Octopus we have a partner to support that growth."
Ralph Weir, CEO, Phase Vision