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Strathdon takes 5% stake in Oxsensis

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Strathdon Investments Plc has announcedthat it has made an initial investment of £100,000 for a 5% equity interest in Oxsensis, a spinout from the CCLRC (Council for the Central Laboratory of the ResearchCouncils) Rutherford Appleton Laboratory (RAL). The total funding round raised £890,000 with Strathdon co-investing alongside Seven Spires Investments, RainbowSeed Fund and prominent private investors to accelerate the development of the Company'sextreme environment sensors.

Oxsensis is working on advanced instrumentation for gas turbines in the aviation and powersectors which is designed to achieve major reductions in greenhouse gas emissions as wellas considerable fuel savings. The extreme environment sensors also have applicability toenergy intensive industries and to automotive engines.The optical sensors for pressure and temperature, co-developed by the company withscientists at RAL’s Central Microstructural Facility, are based on innovative technology usingmicromachined sapphire and are exclusively licensed to Oxsensis. Steve Burton has now been appointed to the board of Oxsensis as a non-executive director.
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