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The Duke of York opens Wave Optics Head Office

Published on: 30/04/2019

The Duke of York opens Wave Optics new state of the art, purpose built head office

On 29 April 2019 – His Royal Highness The Duke of York, KG opened the new international head office of WaveOptics at 141 Park Drive, Milton Park.

WaveOptics is the leading designer and manufacturer of diffractive waveguides for use in Augmented Reality (AR) wearables. Its technology is designed to be used for immersive AR experiences in industrial, enterprise and consumer markets around the world. They started life at Milton Park in the Innovation Centre and grew at a rapid rate over two years.

 The Duke first met WaveOptics when the business took part in Pitch@Palace 6.0 in 2016. Pitch@Palace was founded by HRH in 2014 as a platform to amplify and accelerate the work of entrepreneurs.

 Since presenting at Pitch@Palace, WaveOptics has grown from just under 15 employees to more than 70 employees around the world.

 Speaking at the event, His Royal Highness The Duke of York, said:

“When I first saw WaveOptics come through Pitch@Palace 6.0 in 2016 I was very impressed, and I am equally impressed today. You are an excellent example of how to turn a great idea into a commercial product, working to provide solutions that are needed today.

“It is a great pleasure to be here and thank you for becoming part of the Pitch@Palace family. We will stand by you and hope to be able to help you as you progress and succeed in the future. You are at the cusp of a very exciting time.”

 

David Hayes, CEO at WaveOptics, commented:

“It is a privilege to welcome HRH The Duke of York to our new purpose built, state of the art offices. From his first meeting with WaveOptics at Pitch@Palace 6.0 he has shown a great interest in our business and category defining technology.

“Today provides a great opportunity to update The Duke on the significant progress we have made and our pride in being a member of the Pitch@Palace family.

“We recently raised £20m funding to scale our business both nationally and internationally and secured a number of leading global strategic partners. The decision to move to a larger office is a logical step in our expansion strategy and a reflection of our rapid growth.  

“These new offices will provide the space for us to continue to invest in R&D to support our rapid international development.”

 

The business has also recently expanded internationally, with offices across the UK, US and Asia.

The new offices include R&D facilities, office space as well as a dedicated customer area and represents an expansion of more than 250% since WaveOptics first moved to the park in 2015.

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