- Published
- 25th March 2025
Report highlights strong financial growth and major investments in innovation
Connexion Technologies today announced the release of its 2023/2024 Annual Report, showcasing a year of strong financial growth, strategic investments, and expanded capabilities across its businesses: Accura Engineering, Castle Microwave, Custom Interconnect, and Pure PCB.
This milestone reinforces Connexion Technologies’ commitment to delivering world-class engineering and manufacturing solutions across aerospace, defence, life sciences, and high-reliability industries.
"Connexion Technologies has delivered another year of exceptional performance, with continued investment in technology, people, and infrastructure,” says Craig Wright, Chairman & CEO of Connexion Technologies."We have strengthened our market position, expanded our manufacturing capabilities, and remained focused on providing high-performance solutions that drive success for our customers.”
This news follows a series of key initiatives and accomplishments, including:
- 10% revenue growth, reaching £52.4 million to June 2024
- £15 million investment made in advanced Midlands and South manufacturing facilities
- Sales growth with Global OEMs of over 30% forecast to June 2025
- Built the UK’s largest and only independent semiconductor packaging facility (OSAT) in support of net Zero and AI market growth requirements
- Increased automation, including "lights-out" CNC machining and inline SMT inspection
"Our investments in semiconductor packaging, RF technologies, and precision machining are positioning us for long-term growth,” added Wright. "We are creating a more resilient, scalable, and high-performance manufacturing ecosystem for our customers.”
The 2023/2024 Annual Report is available to download on the group website.
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