Meteor lives up to its name with new HQ and soaring exports to China
Rapid export growth, notably in China, has triggered a fresh phase of expansion for TTP Group spin-out Meteor Inkjet Ltd.
MP Heidi Allen will officially open Meteor’s new offices on September 7 – marking a swift rise to global glory for the company.
Meteor moved from the mother ship at Melbourn to Harston Mill because it needed a purpose-designed space for employees and a state-of-the-art test lab.
Meteor develops and supplies electronics and software to drive industrial inkjet printheads from Dimatix, Konica Minolta, Kyocera, Ricoh, Seiko Instruments, Printek, Toshiba TEC and Cambridge’s own Xaar.
Its global customer base serves a wide variety of markets including ceramic tiles, packaging, commercial print, textiles, product decoration, signs, displays & décor, labelling, functional print and 3D.
The company was founded by innovation hothouse TTP Group and became a wholly-owned subsidiary of Euronext-quoted Global Graphics in December 2016.
Meteor’s annual sales have almost doubled in the financial year 2017 largely due to a healthy export market, notably China. Printheads using Meteor jet ink and other fluids onto a variety of surfaces creating products such as interior décor and ceramic tiles, packaging and labels and textiles. New applications are being developed all the time.
Outside of the US, Cambridge has arguably the strongest cluster of inkjet and related technology businesses on the planet.