The Queen's Awards, conferred by Her Majesty Queen Elizabeth II, are the UK's greatest business honour. It takes an extraordinary level of commitment to win one Award - to win a second, is truly a 'World Class' Achievement.
SOUTHAMPTON, UK: 21.04.04: A 20-year long development programme pioneering specialty optical fibers for fiberoptic gyroscopes (FOGs), an inertial guidance device used for navigation and stabilisation purposes, has won Fibercore Limited its second Queen's Award for Enterprise. The Award, announced on Her Majesty the Queen's Birthday, is one of 39 awarded for Innovation. In 2001 the company was recognised in the International Trade category.
 Fibercore Limited developed the first commercial polarisation maintaining (PM) fibers for optical gyroscopes back in 1983. Since then, the company's R&D programme, spanning three decades, has resulted in continuous refinements and performance improvements for customers in the defence, aerospace and oil exploration industries. Fibercore Limited's fibers are now used in applications as diverse as commercial and military aircraft, off-shore oil platforms, sub-marine vehicles, smart munitions and part of the advanced satellite navigation systems found in some luxury automobiles.
For Fibercore Limited the result of this continued focus on innovation is a 90 percent share of the global market for polarisation-maintaining fibers for optical gyroscopes, which has helped it to weather the telecoms industry better than many of its competitors. Fibercore Limited's dominance of this particular market niche has resulted in the company still reporting earnings of around 65 percent of 2001 levels (during the height of the telecoms boom) and customers in more than 37 countries worldwide.
Fibercore Limited's managing director, Dr. Chris Emslie says the Queens Award for Innovation is further recognition of the company's continuous drive for excellence.
"Innovation is part of the very fabric of our company and is the foundation on which our success in the FOG market, and the Queens Award, is based. Innovative R&D programmes like our gyro development activity serve two purposes; it enables us to work with customers to deliver a fiber solution that meet their specific requirements and it ensures that we continue to stay one step ahead of the competition."
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This announcement provides official recognition that, by developing and manufacturing the special fibers that your applications demand, Fibercore Limited's turnover has grown by close to 100%, every year since 1996. With 90% of our production used in telecommunications, optical sensors, medicine or fundamental research in more than thirty countries, worldwide, we do not consider ourselves to be 'exporters' - Fibercore Limited operates in a global marketplace. No matter where you are located, you will get the same high standards of performance, Quality and reliability - all with industry-leading delivery times and technical support.