Fire Testing Technology (FTT) has announced that it is seeking opportunities to diversify by developing new products for new markets using its core/threshold competencies and resources.
FTT specialises in the development, design, production, supply and maintenance of a range of scientific instrumentation.
Almost all of the company's output is exported and supported by a large group of full-time instrument engineers in the UK and a worldwide network of agents providing support to clients.
These are low-volume, high-value scientific test instruments for a niche market.
FTT is seeking opportunities to diversify by developing new products for new markets using its core/threshold competencies and resources.
It is looking for technology to license in new markets such as materials or product test and environmental monitoring.
The emphasis is on a proven instrument prototype regardless of market or need.
FTT is looking for: proven scientific instrumentation; in a niche sector of testing/sensing/measurement; low volume production; with global potential which is latent or current.
It will consider instruments outside these criteria if they show suitable potential.
A partnership is sought with firms or individuals that have an instrument ideally at the production stage that can be marketed internationally.
Interested firms or individuals will benefit from collaboration with a leader in niche instrumentation design and manufacture.
FTT also seeks to appeal to business intermediaries who represent small instrumentation manufacturers looking for investment and market expansion of a proven product.