James Dyson: No-deal Brexit ‘will not change anything’ October 16, 2018 British inventor James Dyson has said that a no-deal Brexit “will not change anything”, lashing out at car industry giants who have recently raised concerns over job losses if a deal with the EU is not reached. The vacuum magnate and Brexit advocate told Parisian financial newspaper Les Echos: “Taxes or delays at the customs, [...]
Dyson writes off £46m on battery developer Sakti 3 September 23, 2018 Vacuum cleaner manufacturer Dyson has written off £46m on US battery developer Sakti 3. Dyson Technology bought the company, which is a spin-off from the University of Michigan, for $90m (£58m at the time) in 2015 as part of its strategy to develop an electric car. Read more: Dyson plugs £200m into driverless cars UK technology campus Accounts for [...]
Record breaking 2014 for Dyson as Asian consumers go crazy for cordless September 4, 2015 They say nature abhors a vacuum – but consumers don't, it turns out, after Dyson unveiled a 13 per cent jump in profits. The figures Turover rose to £1.4bn in 2014, with profits rising 13 per cent – or 21 per cent if you strip out the effect of the strong pound. Investment in research and development rose 40 [...]
James Dyson warns business secretary Sajid Javid on foreign students immigration policy July 19, 2015 Sir James Dyson is not happy with business secretary Sajid Javid. Javid last week insisted foreign students should leave after their studies, indicating a fresh push by the government to introduce new legislation cracking down on their right to work after graduating. Now the hugely respected entrepreneur has attacked the business secretary's stance saying that the [...]
Google’s Larry Page, American Express’ Ken Chenault, Three’s David Dyson: These are the UK’s top-rated chief executives, as voted for by their employees June 10, 2015 It's a tough business, being a chief executive these days – so a little bit of love from their employees never goes amiss. Now recruitment site Glassdoor has unveiled its list of the UK's highest-rated chief execs. Alas, the top-rated guy isn't even based here… The list, which is based on approval by their employees, [...]
James Dyson launches new Pure Cool air purifier in China March 31, 2015 There's always a certain amount of excitement when Dyson launches a new product, although on the surface, Sir James' latest offering is less exciting than usual: an air purifier that looks almost exactly like one of its full-sized household fans. But, as has now become expected of Dyson, it's the invisible technology that counts: in [...]
James Dyson criticises Tory push for tougher immigration rules March 23, 2015 Sir James Dyson made a barely concealed attack on Tory party policy yesterday, while announcing a £12m grant to a design engineering school with chancellor George Osborne. The pair were visiting the new Dyson School of Design Engineering when the inventor said: “I think it’s important that people who have chosen to come and read [...]
US battery firm sucks up $15m Dyson funding March 16, 2015 VACUUM cleaner maker Dyson has invested $15m (£10.1m) in solid-state battery maker Sakti3, which it claims will help it to improve smartphone battery life. The investment means that Dyson will commercialise Sakti3’s next-generation battery technology, which can store twice as much energy as traditional lithium batteries. With its investment in the Michigan-based firm, Dyson said [...]
Here’s everything we know about Sakti3 – the US startup Dyson just invested $15m in March 16, 2015 Some 15 years into the entrepreneur game, Sir James Dyson has made his first-ever investment outside his own business, after he ploughed $15m (£10m) in US startup Sakti3. The company, based in Ann Arbor, Michigan, develops solid-state batteries. The investment was part of a wider, $20m funding round. Dyson said the company will help it [...]
Former Dyson boss Martin McCourt to advise VentureFounders March 9, 2015 Montagu Private Equity director and former chief executive of Dyson Martin McCourt will act as a senior advisor to VentureFounders – a UK-based equity crowdfunding platform. McCourt brings with him more than 35 years’ experience in manufacturing, design marketing having spent time at Mars, Duracell and Toshiba. He spent 15 years at Dyson. He is also [...]