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Home Oxygen 250

31. CAE Technology

Oxygen staff by Oxygen staff
25 January 2024
in Oxygen 250
Justin Harling, CAE
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Revenue: £138m (+15%)       

Headcount: 321

This Hemel Hempstead-based IT infrastructure specialist in November bagged a $50,000 investment from Cisco into ‘CAE Labs’, which CEO Justin Harling bills as “the next step in our evolution”. Counting Cisco, Dell and Microsoft as its key vendors, CAE saw revenues leap 15% to £138m in its year to 30 June 2022 as the fulfilment of delayed infrastructure projects softened the impact of supply chain woes. November 2021 acquisition Novus contributed 1% of that figure.

Oxygen ice-breaker: CAE’s revenues now top £180m (according to a recent press release).

Tags: CAE
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