Powys' Stashed Products celebrates innovation award
Stashed Products, based in Abermule, was one of 197 organisations across the UK to receive the award.
But it was the only company in Wales to win the King's Award for Enterprise in the Innovation category.
It was recognised for its SpaceRail bike storage system, which uses a modular, overhead rail system to hang, slide, spin, and store bikes.
The system aims to reduce storage space, protect bikes from damage, and display them.
Stashed Products was founded in 2021 and designs storage systems for "active enthusiasts."
Founder Elliot Tanner said: "We're incredibly proud to receive the King's Award for Innovation.
"SpaceRail began as a sketch in a garage — born from the frustration of storing multiple bikes in a tight space.
"To be recognised at a national level is a huge honour and a reflection of the passion, engineering and team behind the product.
"To be the only recipient in Wales in the Innovation category is incredible."
The King's Awards for Enterprise, previously known as The Queen's Awards for Enterprise, were renamed in 2023 to reflect King Charles' desire to continue the legacy of Queen Elizabeth II by recognising outstanding UK businesses.
Now in its 59th year, the award is the most prestigious business honour in the country, with winners entitled to use the King's Awards Emblem for the next five years.
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