Cambridge Broadband Networks named top UK R&D company

The UK Government has recognised Cambridge Broadband Networks for its investment in research and development (R&D).

The Cambridge-based mobile network microwave backhaul specialist has been named in ‘The Department for Business Innovation and Skills’ 2009 R&D Scoreboard as one of the top 50 technology hardware and equipment sector companies.

The company was recognised for its USD$6.7m investment in research and development of its VectaStar point-to-multipoint (PMP) microwave backhaul solutions, which help meet the soaring demand for HSDPA and LTE data backhaul.

Cambridge Broadband Networks’ CEO, Graham Peel, said: “Our VectaStar PMP microwave backhaul solutions now offer an efficient, high capacity and future proofed means of addressing the demand for mobile backhaul, and they deliver clear and quantifiable savings in both operating and capital expenditure.

“Those characteristics have given us a lead on both legacy microwave technologies and our competitors in the PMP microwave sector.”

Cambridge Broadband Networks announced in February that it had has secured $7.5M of new venture capital funding.

Demand for its VectaStar solution is being driven partly by the increase in use of the mobile internet.

The solution can cut the cost of backhaul by up to 60 per cent.