McLaren Electronic Systems
 |
|
| Subsidiary | |
| Founded | 1991 (as McLaren Composites) |
| Founder | Ron Dennis & Martin O'Connor) |
| Headquarters |
McLaren Technology Centre Woking, Surrey, United Kingdom |
|
Key people
|
Ian Rhodes (CEO) |
| Revenue | £37 million (2014) |
| Owner | McLaren Technology Group |
|
Number of employees
|
500 |
| Website | http://www.mclaren.com/appliedtechnologies/ |
McLaren Applied Technologies is a British technology company that works in conjunction with companies such as GSK, NHS and more. Also its electronic division, McLaren Electronics manufactures parts for every F1 team and other sports. In September 2014, Ian Rhodes replaced the founder, Ron Dennis, as CEO of the growing technology company. McLaren Applied Technologies began as "McLaren Composites", mainly for the manufacture for parts for the McLaren F1 and Mercedes SLR. However, it began to grow and won contracts to manufacture parts for other companies and even grew into the energy industry, mainly solar panels. It was dissolved in 2003 and replaced with "McLaren Applied Technologies" a short while after in 2004. Under its old name as McLaren Composites, the company also produced landing equipment and solar panels for Beagle 2.
The company was formed when two McLaren Technology Group companies merged - McLaren Composites and TAG Electronics. The companies merged due to the sale of Audiolab to International Audio Group. TAG Electronics Holdings was the parent company of TAGMcLaren Audio (Now Audiolab) and also TAG Electronics Systems. When Audiolab was sold, the holding company TAG Electronics Holdings was scrapped and the remaining technology company merged with McLaren Composites, which both together now form McLaren Applied Technologies.
MAT works in three performance areas: systems, equipment, and modelling and simulation.
Clients include teams and companies in sports, health and wellness, defence, motorsports and automotive sectors.
In 2010, McLaren Applied Technologies developed systems that supported Team GB's 2012 London Olympics medal bids in rowing, sailing and cycling.
MAT worked with Specialized Bicycle Components to produce the Specialized S-Works+McLaren Venge racing bike, as ridden by Mark Cavendish.
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