Executive Directors:

Miles Adcock – CEO

Brent Salgat – President, Concurrent Technologies Inc.

Kim Garrod – Chief Financial Officer

Dr Miles Adcock was previously President of Space Imaging at Teledyne Technologies Inc. and held senior roles at QinetiQ Group plc, BAE Systems and GEC Marconi; he was appointed a Director and CEO of the Company in June 2021. Brent previously held sales management and sales positions with SBS Technologies and GE Intelligent Platforms. He became President of Concurrent Technologies Inc, in 2008 and was appointed a Director of the Company in 2020

Kim previously worked for QinetiQ Plc and all its predecessor organisations including the Royal Aircraft Establishment (RAE), Defence Research Agency and Defence Evaluation and Research Agency.

Non Executive Directors:

Mark Cubitt – Chairman1, 2, 3 Nat Edington1, 2, 3
Mark is a Chartered Accountant and has been the non-executive chairman of AIM listed Beeks Financial Cloud Group Plc since 2016. Previously, Mark was the CFO of Wolfson Microelectronics Plc for eight years from 2007 to 2014 and also non-executive chairman of Superglass Holdings Plc in 2015/16. He has also served as VP of finance at Jacobs Engineering and was finance director of Babtie Group Ltd until the sale of the company to Jacobs Engineering in 2004, when he then took up a wider finance role within Jacobs. Nat is currently CEO at Dukosi, where he has led the transformation of the business to be a technology leader in battery systems. Prior to joining Dukosi, Nat was CEO at Cambridge CMOS Sensors and was instrumental in the sale of the company to AMS AG and has also held senior roles at Wolfson Microelectronics Plc. In addition to these senior leadership roles, in his early career Nat undertook technical roles, designing semiconductor chips and electronic systems in military, industrial and consumer markets. Nat holds an MBA, and BSc (Hons) in Applied Physics & Microelectronics.
Company Secretary Cargil Management Services Limited.


Note 1: A member of the Audit Committee.

Note 2: A member of the Remuneration Committee.

Note 3: A member of the Nominations Committee.


Audit Committee:

The responsibilities of the Audit and Risk Committee include:

  • review of the Company’s annual financial statements before submission to the Board for approval
  • review of the scope and results of the external annual audit by the auditors, including their cost effectiveness, independence and objectivity
  • recommendation of the appointment, re-appointment and removal of the external auditors
  • review of the nature and extent of any non-audit services provided by the external auditors
  • reviewing regular reports from management and the external auditors on accounting and internal control matters, the effectiveness of internal controls and the need for an internal audit function
  • review of any major accounting issues and reports on such matters to the Board

The Executive Directors are not members of the Committee but attend the meetings by invitation, as necessary, to facilitate its business.

View the Terms Of Reference For Audit and Risk Committee

Remuneration Committee:

The responsibilities of the Remuneration Committee Include:

  • review and recommendation of the Company’s remuneration policy in respect of senior management, Executive and Non-Executive Directors, to facilitate their recruitment, motivation and retention while remaining relevant and appropriate to the strategic aims of the Company
  • recommendation of appropriate incentives to encourage performance and provide fair and reasonable rewards for success

View the Terms of Reference for the Remuneration Committee.

Nomination and Governance Committee:

The responsibilities of the Nomination and Governance Committee include:

  • to review regularly the Board structure, size and composition
  • to be responsible for identifying and nominating candidates for the approval of the Board
  • to ensure there is a procedure for the appointment of new Directors to the Board

View the Terms Of Reference For the Nomination and Governance Committee

The above information is provided for the purpose of Rule 26 of the “AIM Rules for Companies”.

Last Updated: 21st February 2022