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Ricardo
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Short description

Provider of product innovation, engineering solutions, clean technology and strategic consulting

Founded in 1910
Founded in

Company type Public Public ()
Company type

Industry Group transportation & logistics

Sector vehicle components

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters United Kingdom Shoreham-by-Sea, United Kingdom
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Updated by Cleantech Group on 03/09/2022

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Date Company
02/01/2012

David Brown Gear Systems David Brown Gear Systems

Ricardo has signed an engineering services contract with David Brown.

Confirmed by David Brown Gear Systems

Partnerships
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Date Partner Type
07/18/2022
Pratt & Whitney Canada Pratt & Whitney Canada
The Ricardo aerospace engineering team will support Pratt & Whitney Canada in the development of advanced hybrid-electric propulsion technologies for aircraft.
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Confirmed by Pratt & Whitney Canada
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IPO INFORMATION

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Description

Date Investors Type Amount
09/28/2021 Innovate UK Innovate UK (1)
Post-money valuation of
Ricardo has won two UK Government-backed innovation competitions to develop solutions to improve efficiency and performance and reduce the cost of battery electric heavy-duty trucks.
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