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Pyreos Secures £1.8M in Funding

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Sensor developer Pyreos Ltd. has secured £1.8 million ($2.4 million) of funding from new and existing shareholders as it continues to expand its business. The company, which was spun out from German industrial firm Siemens in 2007, will use the cash to accelerate development and marketing of its products and sensor components, including the ezPyro sensor, which it launched in May this year. ezPyro, which has a built-in digital interface, has a broad range of applications including the detection of flames in the oil and gas and petrochemical industries, the analysis of gases...Read full article

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