42 Technology (42T) plans to create up to 20 new engineering and technology consulting positions this year as part of a major expansion plan.
This will help meet the fast-growing demand for its technology innovation and new product development capabilities.
The new roles follow on from another 12 months of exceptional sales growth at 42T with major new client wins across all three of its business sectors: industrial, consumer, and healthcare and life sciences.
The company has also recently landed further phases of development work as well as multiple new projects from some of its long-standing clients.
Dr Jon Spratley, CEO at 42T said : “2022 was a record year for 42 Technology on so many fronts which has resulted in us accelerating our expansion plans.
“We refreshed our branding and marketing materials last year, ramped up our business development programmes, and recruited some brilliant new engineers, scientists and designers to strengthen our in-house team.
“We also refurbished our building to create additional laboratory space for use in developing and testing larger-scale products and systems for our clients.
“We made a number of senior-level appointments too, including Robin Ferraby who joined us as Director of Consumer in September. Robin has over 20 years’ experience working with some of the world’s leading brands and ambitious start-ups, and has previously held senior positions with Panasonic and De’Longhi.”
Meeting the future
To help drive its next phase of growth, 42T is now looking to hire additional expertise across several areas of its business including mechanical engineering, healthcare, optics and physics.
Many of the new roles will be in electronics and software where the company is seeing growing market demand for its specialist skills and expertise in areas such as complex and innovative analogue design and the integration of advanced sensor technologies.
42T’s most significant new wins in 2022 include work to develop ranges of complex multidisciplinary products that rely on an understanding of their core physics, and advising on the design of large-scale, high-volume manufacturing equipment.
The company is also helping several businesses to navigate the challenges of bringing genuinely game-changing technologies to market, where the development process and potential risks can be very different from their existing experiences in iterative product improvements.
42T’s expansion plan in the news:
Cambridge’s Business Weekly