We've covered Spillard Safety Systems before on this site. The company has created a very clever 360 Vision System (Vehicle Collision Avoidance Systems) that overcomes the blind spot issue on the large vehicles used in many commercial sectors of industry including demolition.
So it comes as no surprise to us that they've managed to secure a number of new contracts spread across the plant, waste, and commercial sectors. Sales are now expected to reach £2.8 million for the year and £4 million by mid-2016. That's a 25% increase and has in turn allowed for the creation of 10 new jobs.
Pete Spillard, managing director of the company commented:
"We have spent a lot of time and money on R&D and now we are beginning to see the fruits of our labour with a number of major contractors – including Balfour Beatty, BAM Nuttalls and Morgan Sindall, making it mandatory to fit VCAS systems.
Our business plan puts us on course to hit £4m by mid 2016. We’re also coming to the end of a £250,000 investment drive that has seen us extend our R&D department, take on two new apprentices and overhaul our fleet of service and maintenance vehicles."
Spillards isn't sitting still on the technology front. The VCAS system is in the process of being enhanced with new features including a tilt sensor, seatbelt warnings, night silence, and fail safes. They are also developing a smoke detection solution to inform drivers of any fires they cannot see behind them.
Source: Express & Star
Posts
