Synthotech Group Reports Record Growth Driven by Utility Spending on Robotic Pipeline Repairs
Synthotech Group, based in Harrogate, UK, reported a 33% increase in turnover to £6.5 million in 2025, largely due to rising utility spending on technology for ageing infrastructure. The company anticipates revenues exceeding £7 million in 2026 and plans to hire 12 new staff. Key projects include the MicroBORE trenchless drilling system in partnership with BT Group and Openreach, aimed at improving fibre broadband rollout. Synthotech's innovations also target methane emissions reduction in the gas sector and are expanding into overseas markets, particularly the US and Australia.
Theia Market Signal Identification - AI Assisted
Synthotech Group, a Harrogate-based engineering firm, achieved a record turnover of £6.5 million in 2025, marking a 33% increase driven by UK utilities' investment in technology for infrastructure maintenance. The company expects revenues to surpass £7 million in 2026 and plans to hire 12 additional staff.
Significant projects include the MicroBORE trenchless drilling system for fibre broadband deployment with BT Group and Openreach, and a gas pumping system that minimizes methane emissions. Synthotech is also expanding into international markets, with a 28% increase in overseas income, primarily from Australia and the US, as demand for its technologies grows.
Comments