The former Durham University spin-out is acknowledged for its outstanding performance in growing international trade.
Ikon GeoPressure, which spun out of Durham University in 1997 as GeoPressure Technology, has picked up the Queen’s Award for Enterprise 2014. The company received the award for its outstanding performance in growing international trade.
International trade has indeed increased dramatically for the company, as it has managed to raise overseas earnings by 771% over the past six years and has expanded into 22 new markets across the Americas, Africa and Asia.
The company was formed in the late nineties…
