New Chairman For Dstl's Technology Transfer Company
Piers White MBE has been appointed as the new Chairman of PloughshareInnovations, formed in 2005 to commercialise and exploit Dstl's intellectual property generated from its research.
Stockbridge, Hampshire (March 27, 2013)
-- Dstl maximises the impact of scienceand technology for the defence and security of the UK. It provides the Government witha wide programme of scientific and technical support based on deep and widespreadresearch.Ploughshare Innovationswas formed in 2005 to commercialise and exploit Dstl'sintellectual property generated from its research. Since its establishment, Ploughsharehas licensed more than 75 technologies and launched five spin-out companies,principally for civilian applications. Ploughshare, supported by Dstl's IntellectualProperty Group, has also negotiated licences in the defence field resulting in researchbeing pulled through into defence products to meet defence requirements.The new Chairman, Piers White MBE, takes over from Nick Winterton who has been inpost for four years, during which time Ploughshare has continued to develop andimprove its business. Piers is a banker by background and has held Board/Senior Executive positions at Insinger de Beaufort, where he was UK CEO, Flemings andBarclays. He brings more than 10 years experience as a Non-Executive Director withintechnology-orientated Public Sector and public purpose organisations.Dstl's Chief Executive Jonathan Lyle says: "We are fortunate to have secured someoneof Piers' calibre and experience for this key role, and I look forward to working with himto help Ploughshare go from strength to strength."Piers says: "I am delighted to have the opportunity to build on the good work of NickWinterton in leading the Board of this exciting business.Ploughshare Innovations Limited is at an important point in its development and represents an interestingopportunity for private sector businesses to benefit from the leading scientific work of Dstl."
About Ploughshare Innovations and Dstl
Ploughshare Innovations manages the commercial licensing to industry of intellectualproperty developed by the UK's Defence Science and Technology Laboratory (Dstl).