Celebration as major milestone reached by start-up company
A UK start-up is celebrating a major business milestone.
IoT Horizon, based at the Science and Technology Facilities Council's (STFC) Daresbury Laboratory, has been acquired by Sustainable Investments Ltd.
The acquisition has led to a rebranding of the company as Sustainable Smart Technologies.
This marks a significant step forward in the company's mission to create safer, healthier, and more energy-efficient buildings.
For more than seven years, the company has been at the forefront of developing environmental and energy monitoring solutions.
Using Internet of Things (IoT) technologies, the company has been creating systems that provide real-time insights to improve air quality, reduce energy consumption, optimise space utilisation, and enhance the wellbeing of building occupants.
Paul Vernon, head of STFC's Daresbury Laboratory, said: "Sustainable Smart Technologies exemplifies the groundbreaking innovation that is thriving amongst the businesses located here at Daresbury Laboratory, and the wider Sci-Tech Daresbury campus.
"Its work is playing a pivotal role in shaping our sustainable, energy-efficient buildings of the future, delivering tangible benefits to society."
One of the new solutions developed by Sustainable Smart Technologies is a portable air quality monitoring system.
This has already been instrumental in helping organisations understand and respond to the pressing need for healthier indoor environments.
The company has been using the advanced research facilities and skills support available within the Campus Technology Hub at Daresbury Laboratory to develop and bring its cutting-edge environmental and energy monitoring solutions to the market more rapidly.
The acquisition comes at an important time as people become more aware of the need for better air quality and healthier indoor environments.
Deyrick Allen, founder of IoT Horizon and now commercial director of Sustainable Smart Technologies, said: "Being located at Daresbury Laboratory has allowed us to be part of an ecosystem beneficial to start-up companies.
"Based in the CTH, we have the lab space to work hands on and test our products, having access to STFC resources, networking opportunities and the generation of leads beneficial for our commercial projects."
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
Game-Changing Solutions: How ABC Expo 2025 Rebooted the Global Business Landscape
ADVENTURA, Fla., June 19, 2025 (GLOBE NEWSWIRE) -- The American Business Expo is a premier international competition that showcases cutting-edge solutions and drives the integration of global innovations, both in product and technology development, as well as ecosystem building. This year's event took place on June 1 in Aventura, bringing together over 1,000 leaders from 15 countries. Since 2012, ABC Expo has served as a hybrid platform combining an awards ceremony, investment opportunities, networking, and an educational hub. In 2025, the event reached new heights, presenting not only breakthrough ideas and leadership but also a blueprint for the future of business, from AI-driven branding to IoT solutions. Key organizers and partners included Neuron Expert Corporation, a platform for AI-powered company creation, and ExpertizeME, a PR agency specializing in U.S. market entry. The format featured: Main Stage with top-tier speakers Business Stage with industry experts Masterclasses and corporate exhibitions A festival program with entertainment Networking 3.0 The main innovation of ABC Expo was the architecture of business interaction. Traditional coffee breaks were transformed into "deep dive sessions," while full-scale seminars and panel discussions covered the entire spectrum of the most relevant industry problems — such as the presentation on PR management of digital reputation by Irina Golmgrein, chairman of the artificial intelligence cluster at Russian Association of Electronic Communications, and author of the book "Million Views," which entered the top 50 business books of 2022. The panel discussion "Motivation Code" and the keynote speech by Boris Zhalilo, founder and president of Business Solutions International, an expert in sales and management with more than 30 years of experience, where sales psychology merged with neurobiology, caused particular resonance — many participants noted that this was "the most unexpected MBA intensive of their careers." Jury as Startup Accelerator The composition of the judging panel includes recognized experts, experienced entrepreneurs, and industry specialists, each known for their own achievements and innovations. The jury reviewed projects in 13 categories — from IT & Digital Technologies and Education & EdTech to Media, Marketing & Communications and Finance & Insurance. And, unlike traditional awards, where judges only evaluate projects, here each expert could also act as a mentor. Among the panel members were Khrystyna Terletska, Software engineer, who led the DraftKings–Apple integration and now at Datadog, designing distributed caching for high-performance systems; Dmytro Bordusenko, seasoned finance and business professional with over 15 years of experience, specializing in reliable analysis of project and business efficiency; Anna Cherednyk, experienced restaurant manager with more than 15 years of experience in Ukraine and the USA; Petro Burlachenko, lawyer (attorney), public figure, and civil society activist, chairman of the Board "Center for Law" NGO, as well as Anton Olkhovskyi, an experienced head of an agricultural enterprise; Vitalii Skrypka, expert in residential construction with more than 10 years of experience; Yaroslav Boiko, entrepreneur in tourism, founder of a revolutionary infrastructure project; Yurii Teselko, fashion entrepreneur and lingerie designer; Tetiana Kondratenko, founder of a leading transportation service; Enver Umerov, entrepreneur and investment consultant; and Volodymyr Shepelyev, head of a transportation company. From them, one could receive not only a professional objective assessment but also gain knowledge about how to scale IT architecture, analyze financial models, and even turn a national cuisine restaurant into a local Hollywood trend. The 2025 Winners The award within the American Business Expo is given to both individuals and organizations demonstrating progressive results and innovative thinking. For finalists, this is a unique opportunity to present projects personally, establish connections with experts and potential investors, and receive deserved recognition. This year, more than 1,000 applications worldwide were submitted for consideration, including the USA, Ukraine, Georgia, Norway, and Israel. Victory was awarded in several dozen nominations, including "Breakthrough of the Year," "Product of the Year," "Innovation of the Year," "Brand of the Year," "Startup of the Year," and so forth. Among the laureates, projects combining technology with human-centricity particularly stood out. For example, Jeniece Sampson won in the "Breakthrough of the Year" nomination in the "Commercial Real Estate" category — the founder of Jeniece Sampson Realty Inc. with a global investment focus achieved 150% revenue growth, expanded operations to Canada and four Caribbean countries, increased the client base 10-fold and exceeded $10 million in property, while leading recovery initiatives in underserved city areas. Ekaterina Fomicheva, who also became a laureate in the "Breakthrough of the Year" nomination, but in the "Influence Marketing" category — author of the book "Artificial Intelligence with a Human Face," exploring how neural networks contribute to emotional connection in branding, and this work has already been integrated into educational programs and industry discussions. Erik Arutinyan, who won the title "Entrepreneur of the Year" in the "Consumer Services" category, heads EDE LLC, a national provider of refrigeration services in Georgia; this year, his company served more than 300 commercial facilities for leading food and beverage manufacturers. And Narek Halstian, founder of Go Gift Company, created a reliable brand in personalized gift production, combining large-scale production with emotional customization. This brand expanded throughout Europe and is now entering the US market with a scalable model operating on adaptive technology. Expo Results: the growth potential of the most scalable cases Besides the award results, the outcome of ABC Expo 2025 can be considered the emerging business market picture, a space for forecasts, and key directions. Among them, for example, emotional technologies, invisible infrastructure, and micro-globalization — business models that scale not to countries, but to niche communities. "We no longer separate business and technology," notes one of the organizers. "In 2025, those who showed that even a refrigeration unit can become part of a digital ecosystem if it's based on human-oriented design thinking will win." And, of course, one can confidently note the growth potential of the most scalable cases. Judging by the number of startups that found investors here, this trend is only gaining momentum. For press inquiries or speaker opportunities:Website: - event, - award Company name: American Business CarnivalEmail: info@ person: Anastasiia VinogradovaAddress: 2885 NE 191st St, Aventura, FL 33180Phone: +1 754 262 19-26 Disclaimer: This press release is provided by the American Business Carnival. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Legal Disclaimer: This media platform provides the content of this article on an "as-is" basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. Photos accompanying this announcement are available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Miami Herald
9 hours ago
- Miami Herald
Analysts reset Qualcomm stock price target, send warning
Keeping a business afloat is hard. According to the U.S. Bureau of Labor Statistics, 50% of small private businesses typically fail within five years. This five-year span seems like the breaking point. If your company is still in business after five years, it means you've likely overcome many setbacks and made many tough decisions. There's plenty that can derail even the best businesses. Suppliers may go bankrupt, fail to meet deadlines, or produce shoddy items. Marketing plans may go awry. Workers may defect to rivals. Even your best customers may eventually sour on your solutions, forcing you to pivot your business entirely. Related: Adobe launches genius new mobile app for content creators One company that seems to have been quite unlucky in choosing its business partners is Qualcomm. Apple is one of its biggest customers, and it is slowly but steadily ditching Qualcomm's modems in favor of its own, creating a crisis for the technology company and forcing it to rethink its business. Qualcomm was founded in 1985, and for a business to be turning 40 is an incredible achievement. The company has two different branches of business. One is Qualcomm CDMA Technologies (QCT) and the other is Qualcomm Technology Licensing (QTL). QCT revenue streams are handsets, automotive, and Internet of Things, while QTL controls the patent licensing business. According to Bloomberg and the Bank of America Global Research estimates, Apple's contribution to QCT's handset division was 15% in 2024. On June 9th, Qualcomm (QCOM) announced that it plans to acquire Alphawave Semi, a producer of high-speed wired connectivity, chiplets, and custom silicon. Artificial intelligence training and inference require highly parallel, memory and bandwidth-intensive computations. Accelerators are built on GPUs or custom chiplets, and need better, more efficient interconnections and AlphaWave's technology enables that. "Alphawave Semi has developed leading high-speed wired connectivity and compute technologies that are complementary to our power-efficient CPU and NPU cores," said Cristiano Amon, president and CEO of Qualcomm Incorporated. Related: Analysts revamp forecast for Nvidia-backed AI stock Qualcomm's pivot to the data center markets may prove a good plan to recoup the lost revenue due to Apple's increasing reliance on its own modems. This acquisition of Alphawave Semi is expected to be completed during the first calendar quarter of 2026 and isn't final. More Tech Stocks: Amazon tries to make AI great again (or maybe for the first time)Veteran portfolio manager raises eyebrows with latest Meta Platforms moveGoogle plans major AI shift after Meta's surprising $14 billion move According to Gartner, semiconductor revenue in data centers almost doubled in 2024 to reach $112 billion, and the firm expects global semiconductor revenue to total $705 billion in 2025. Qualcomm revenue in Q2 of fiscal year 2025 reached $10.9 billion, a 17% increase year-over-year. Majority of the revenue came from QCT part of the company, which had revenue of $9.5 billion. Handset division revenue was $6.9 billion, automotive revenue $959 million and $1.6 billion came from IoT. Bank of America analyst Tal Liani and his team recently updated their opinion on Qualcomm shares. Analysts noted that the Internet of Things and automotive have significant growth potential and were up 27% and 59% year over year in the most recent quarter. However, they warned that smartphones, representing 73% of Qualcomm CDMA revenues, have peaked. They forecast that Apple's contribution will drop from 15% in 2024 to 6% of total handset revenues by fiscal year 2027 and drop to zero beyond 2027. The analysts believe there are only limited near-term catalysts for the stock and lowered their estimates and price objectives to reflect their updated growth outlook. They set a Qualcomm stock price target of $200, down from $245, equal to 15 times their calendar 2026 earnings estimates. Previously, their target price-to-earnings (P/E) ratio was 17. Qualcomm's forward P/E ratio is currently 13. Related: Apple WWDC underwhelms fans in a crucial upgrade While they reduced their target, they still think the upside is enough to justify maintaining their buy rating on the stock. However, they did highlight three risks that could limit Qualcomm's stock in the near term: The handset market is mature and without any visible growth catalyst. They expect recent smartphone growth to reverse, as the impact of product launches and channel fill in China erodes, and share gains at Samsung will subside. Apple will start using its own modem for non-Pro phones. Analysts concluded that "AI PC and data center connectivity could contribute to growth but may take time [to] carry enough weight to offset the smartphone trends." Related: Amazon's latest big bet may flop The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
16 hours ago
- Yahoo
Claims of ‘cyber-attack' dismissed by UK space and laser lab in Didcot
A national research laboratory working in laser development and space technology has denied it was hit by a 'cyber-attack' this week. The Rutherford Appleton Laboratory is based in Harwell Science and Innovation Campus at Chilton near Didcot. Initially set up in the 1950s, it has around 1,200 staff working across its Central Laser Facility, Diamond Light Source, Space Centre and Particle Physics Department. It is operated by the Science and Technology Facilities Council (STFC), a government agency set up almost 20 years ago. An interior view of its ISIS Neutron and Muon Source Earlier this week a person who wished to remain anonymous said that the laboratory had been suffering 'disruptive and very frequent internet issues thought to be due to cyber-attacks'. READ MORE: They said there have been days when there's been no connectivity for hours at the pioneering UK scientific research facility. In response, STFC confirmed that something happened on Monday June 16 but refused to disclose what, other than it wasn't the result of a hacker. The spokesperson said: 'There was no cyberattack and systems were back to normal before 5pm. We do not talk about operational activities outside STFC.' Experience the pulse of Oxford at your fingertips 🗞️ With our flash sale, Oxford Mail keeps you updated for less: only £4 for 4 months or save 40 per cent on an annual subscription. Don't miss out on what's happening locally #DigitalDeal #LocalJournalismhttps:// — Oxford Mail (@TheOxfordMail) June 16, 2025 The danger of computer hackers has been a well-publicised topic in recent months with Marks and Spencer's online services disrupted since April. Last week, the retailer reopened its website to shoppers although it has been estimated the cost of the attack – caused in part by human error – will be around £300 million. Speculation has been mounting that it was caused by hacking community Scattered Spider, but that has not been confirmed.
