Business
Continued momentum in smart manufacturing division
Continued momentum in smart manufacturing division.
About this update from Oxford Metrics Plc
[{"type":"text","content":"\n\n \n20 March 2025\nOxford Metrics plc\n \n(\"Oxford Metrics\" or the \"Group\")\n \nContinued momentum for Oxford Metrics' smart manufacturing division\n \nAppointment of smart manufacturing managing director\nIndustrial Vision Systems wins three contact lens inspection contracts since October 2024\n\nOxford Metrics plc (LSE: OMG), the smart sensing and software company servicing life sciences, entertainment, engineering and smart manufacturing markets, is pleased to\nannounce the appointment of Dr Simon Gunter as managing director of our smart manufacturing division. The Group also announces that Industrial Vision Systems (\"IVS\") has secured three contracts for global contact lens manufacturers with a combined value of c. £1.6 million (contained within current FY25 market expectations).\n \nAppointment of managing director, smart manufacturing\n \nDr Simon Gunter has been appointed managing director of our smart manufacturing division, to lead and build the Group's position in this important market and growth area. Simon is an experienced c-level leader with an extensive track record of growing early-stage technology businesses and successfully implementing change through business transformation, strategy and direction, M&A, and launching innovative products.\n \nSimon has held executive board positions at Evinox Holding, Minibems, Nomad Digital and AlertMe and senior leadership positions at companies including Tiscali, Pirelli and 360networks, across the UK, Europe and North America.\n \nContact lens inspection contracts\n \nIVS has secured three contracts for well-known, global, contact lens manufacturers. We are pleased to see that two of these contracts are with existing customers expanding their relationship with IVS. The third contract is with a new customer in contact lens manufacturing, as companies within IVS' addressable market recognise the value of IVS' specialised machine vision inspection systems for automated quality control.\n \nUnder the contracts, IVS will supply non-contact inspection systems enabling the manufacturers to automatically detect lens defects, errors and other irregularities, ensuring 'right first time' products. These inspection systems offer state-of-the-art checking, guidance and sorting using machine learning AI techniques, optimising...