On November 1, 2024, Neuranics welcomed Scotland’s Minister for Business, Richard Lochhead, for an engaging visit focused on the company’s pioneering magnetic sensing solutions, workforce expansion, and growth plans in the coming years. Minister Lochhead saw firsthand the progress of Neuranics’ MMG wristband project, supported by Scottish Enterprise, which is set to revolutionise Human Machine interface in the global XR and virtual reality markets.
In discussions, Neuranics highlighted its ambitious plans to double its workforce within the coming year and to work with major Tier 1 consumer electronics brands to achieve significant design wins globally. This workforce expansion aligns with Scotland’s semiconductor strategy and supports Glasgow’s emergence as a centre for advanced sensor technology solutions, attracting investment and positioning Scotland at the forefront of global semiconductor innovation.
With backing from the Scottish Government and Scottish Enterprise, Neuranics is advancing magnetic sensing solutions through a unique approach that combines ultra-sensitive sensors, custom ASIC design, and machine learning. Minister Lochhead’s visit underscored Neuranics’ commitment to driving economic growth and to developing advanced new technology in Scotland, setting a strong foundation for the country’s future in the global technology landscape.
