Warwick Audio Technologies, a University of Warwick spinout, is a creator of personal listening experiences based on its patented electrostatic audio transducer modules. The company is focused on delivering disruptive listening solutions to two markets, the high-end headphone market and the $8.0billion in-car audio market where its product’s thin, lightweight form factor and power efficient characteristics deliver significant value.
During 2017, the company released its first product, the Sonoma Model One headphone system, a premium electrostatic wired headphone system aimed at the professional use audiophile community. Since its launch, the product has won seven awards, including Product of the Year from the American magazine, Tone Audio, and the UK’s Hi-Fi+ magazine. The company is now expanding its headphone product portfolio and developing its first products for the automotive market.
The company was founded in 2002 and supported through the managed funds for seven years before becoming an Emerging Star in 2014 and it has developed a new generation of patented electrostatic planar transducers, the High Precision Electrostatic Laminate (“HPEL”). The company’s patents enable it to deliver ultra-high-quality audio in an easy to manufacture package that is thinner, lighter and significantly more reliable than its competitors’ products. A key part of that package is the proprietary drive electronics that also deliver significant power efficiency benefits over existing products.
CEO Dr Mike Grant is a highly experienced business leader who has developed a number of successful global technology propositions. These include introducing embedded 3D graphics rendering technology into the mobile phone industry, the creation of a 200.0million user chat community and the development of major mobile games publisher, Superscape, now part of global games publisher, Glu Mobile.
The board is strengthened by non-executive director Gary Waters, the former vice president and general manager of BOSE® Corporation, who has supported the company in the commercialisation of the HPEL and opened up new opportunities in the automotive sector. Post year end, David Roberts, a leading entrepreneur in the UK automotive industry, joined the board as chairman.
In 2018, Warwick Audio Technologies moved to new offices at the MIRA Technology Park in Nuneaton, the largest automotive technology park in Europe. The move reflects continuing positive momentum for the business and its growing engagement with the automotive sector. The new office is located in the heart of the UK’s automotive manufacturing industry, close to major players such as Jaguar Land Rover and Aston Martin, together with numerous smaller automotive original equipment manufacturers (OEMs).