Oxford Instruments plc is a United Kingdom manufacturing and research company that designs and manufactures tools and systems for industry and research. The company is headquartered in Abingdon, Oxfordshire, England, with sites in the United Kingdom, United States, Europe, and Asia.[2] It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.[3]
 | |
| Company type | Public limited company |
|---|---|
| ISIN | GB0006650450  |
| Industry | Top level markets include research and academia, industry, energy, environment, security, health |
| Founded | 1959 |
| Headquarters | Abingdon, Oxfordshire |
Key people | Neil Carson (Chairman) Richard Tyson (CEO) Gavin Hill (CFO) Stephen Blair (Senior Independent Director) |
| Products |
|
| Revenue |  £444.7 million (2023)[1] |
| £80.5 million (2023)[1] | |
| £58.6 million (2023)[1] | |
Number of employees | 2,027 (2023)[1] |
| Website | www |
History
edit
The company was founded by Sir Martin Wood in 1959, with help from his wife Audrey Wood (Lady Wood)[4][5] to manufacture superconducting magnets for use in scientific research, starting in his garden shed in Northmoor Road, Oxford, England.[6] It was the first substantial commercial spin-out company from the University of Oxford[7] and was first listed on the London Stock Exchange in 1983.[6]
It had a pioneering role in the development of magnetic resonance imaging, providing the first superconducting magnets for this application. The first commercial MRI whole body scanner was manufactured at its Osney Mead factory in Oxford in 1980 for installation at Hammersmith Hospital, London.[8] Further innovations included the development of active shielding, whereby fringe fields hazardous to pacemaker wearers, causing difficulty and expense in siting, were virtually eliminated.[9] Oxford Instruments was not able to capitalise on these inventions itself, granting royalty-free license to Philips and General Electric whilst developing a joint venture with Siemens in 1989: this was dissolved in 2004.[10]
References
edit- ^ a b c d "Annual Report 2022/23" (PDF). Oxford Instruments. Retrieved 13 February 2024.
- ^ "Offices – Oxford Instruments". oxinst.com. Archived from the original on 23 May 2022. Retrieved 26 May 2017.
- ^ "OXFORD INSTRMNT share price (OXIG) – London Stock Exchange". londonstockexchange.com. Archived from the original on 20 July 2018. Retrieved 26 May 2017.
- ^ "Audrey, Lady Wood (Oxford Instruments, The Oxford Trust, Oxford Innovation)" (PDF). sbs.oxford.edu. Archived from the original (PDF) on 31 July 2017.
- ^ Audrey Wood, Magnetic Venture: The Story of Oxford Instruments (Oxford University Press, 2001). ISBN 0-19-924108-2
- ^ a b "Sir Martin Wood and Oxford Instruments" (PDF). Oxford University. Archived from the original (PDF) on 4 April 2012. Retrieved 17 September 2011.
- ^ "High-tech UK industry; Oxford Instruments". CASE. 4 July 2011. Archived from the original on 19 July 2018. Retrieved 17 September 2011.
- ^ "MRI Scanner (1980)". Oxfordshire Blue Plaques Scheme. Oxfordshire Blue Plaques Board. 2 June 2011. Retrieved 6 January 2012.
- ^ "Superconducting magnets: The heart of NMR". Ingenia. February 2004. Archived from the original on 19 March 2012. Retrieved 17 September 2011.
- ^ "Siemens Acquires Oxford Instruments' Stake in Oxford Magnet Technology". PR Newswire. 2004. Retrieved 17 September 2011.