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1st May 2018

Mirico receives £1.58 million injection from Foresight

Foresight Group has invested £1.58 million into MIRICO Limited from the Foresight Williams Technology EIS Fund. 

MIRICO is based in Harwell Oxford, Didcot, where it develops, manufactures and deploys unique spectrometer products for highly precise, accurate and sensitive gas analysis.

MIRICO’s patent-protected proprietary technology is called Laser Dispersion Spectroscopy (“LDS”) and the Company is now commercialising two new analytical instruments. Gas analysis is required in many industrial applications such as monitoring natural gas throughout the oil and gas value chain or monitoring low level contaminants in specialised industrial processes. The dominant approach to gas analysis is currently laser absorption spectroscopy, a technique that is relatively slow and highly susceptible to environmental interference from non-target gases, dust and water vapour.

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