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press releases

Green Growth For Technology Start Up

A growing green technology firm has invested in new premises as it prepares for expansion.

nano-porous solutions Limited (n-psl), headed by ex Domnick Hunter CEO Colin Billiett, has moved to a new 10,000 sq ft facility at Team Valley as it looks to double the size of its workforce in the next 12 months.

The firm, which manufactures environmentally friendly filtration products, was assisted in its expansion by Tyne and Wear Development Company, the region’s leading business development agency.

The move will help n-psl continue the development and commercialisation of its innovative filtration technology, which has the potential to cut manufacturers’ carbon footprints by halving energy consumption.

n-psl expects to grow its workforce to 20 as it scales up trials of the system, which uses a new regenerative absorbent filter, in preparation for worldwide sale. Besides the filtration industry, the technology also has applications in other sectors including health, pharmaceutical, environmental and food industries.

Colin said: “Our technology will revolutionise industrial filtration techniques. By lowering energy consumption, it could save around 4 million tonnes of CO2 by 2050.

“Investing in new premises is a big step towards commercialisation and gives us space for growth. Input from Tyne and Wear Development Company was helpful in getting the investment off the ground.”

Tyne and Wear Development Company supported n-psl throughout its investment, advising on property opportunities; sources of funding and other key business services.

Jim Malloy at Tyne and Wear Development Company, said: “This is a company with an exciting future. The technology is unique and the team have a tremendous knowledge of their markets. Technology companies are a key component of the regional economy and we’re happy to have contributed to n-psl’s future.”

For more information about investment opportunities in Tyne and Wear, please visit www.tyne-wear.com. For more details about n-psl, visit www.n-psl.com

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