Versarien PLC (LON:VRS) CEO Neill Ricketts caught up with DirectorsTalk and talked us through the highlights from today’s interim results, talks about key milestones, how a trip to San Francisco benefited the company and Versarien’s role evolving in a multi-billion dollar market.
The Group’s objective is to create game changing advanced material solutions for its blue chip customer base. Founded in 2010, Versarien utilises proprietary technology to create innovative new engineering solutions that are capable of having a game-changing impact on a broad variety of industry sectors. We have already gained considerable industry recognition and received a number of high profile awards, including the London 2012 UKTI Startup Games Overall Winner, 2013 Racecar Engineering Magazine’s Most Innovative Product Award, 2012 MWP Advanced Manufacturing Award for Research and Development and 2012 HP Smart Business Award for Manufacturing Innovation. In June 2013, Versarien floated on AIM, a market operated by the London Stock Exchange. Following this, the Company acquired leading manufacturer of tungsten carbide products, Total Carbide, thereby expanding its production capabilities to meet growing customer demand. Versarien is subject to the UK City Code on Takeovers and Mergers.