Frontier IP Group Plc (LON:FIPP) CEO Neil Crabb talks to DirectorsTalk about its 24% stake in Cambridge Material Testing Solutions. Neil explains what the company does exactly, who’s behind it, how this fits into the wide Frontier IP picture and what else is happening with their portfolio.
Frontier IP Group Plc unites science and commerce by identifying strong intellectual property and accelerating its development through a range of commercialisation services. A critical part of the Group’s work is involving relevant industry partners at an early stage of development to ensure technology meets real world demands and needs.
The Group looks to build and grow a portfolio of equity stakes and licence income from by taking an active involvement in spin-out companies, including support for fund raising and collaboration with relevant industry partners at an early stage of development.
Cambridge Material Testing Solutions’ Chief Technology Officer, Dr. James Dean said: “Our partnership with Frontier IP is further confirmation of our proposition’s value. With Frontier IP’s expertise in the commercialisation of advanced technologies, and with its ready access to the sectors we intend to penetrate, we’re extremely confident our products, tools and services will be used extensively across a wide range of industries where the accurate and non-destructive characterisation of material properties is crucial to the safe operation of high value assets.”