We are delighted to announce that the Parkwalk Opportunities Fund has invested in Proxisense, an Oxford University spinout supplying specialised proximity sensors and systems to measure contamination in critical fluid systems. These products have been developed for use is for extreme and inaccessible environments.

The proximity sensor technology utilises an eddy current sensor and enables the very accurate measurement of the position of components in real time. For example, the position of the tips of turbine blades and the monitoring of blade vibration whilst the systems are in use. This enables Proxisense to provide comprehensive health-monitoring technology which allows the user to detect degrading performance and the possible onset of component failure