The North East Technology Park is a dynamic and supportive environment that helps accelerate the growth of science, technology and engineering companies in global markets. NETPark encourages collaborative multidisciplinary links, driving innovation, enterprise and economic prosperity. We provide companies with access to a focused and international community where talent flourishes, ideas are generated and businesses have the support and resources to compete with the best in the world. NETPark is home to over 40 companies employing over 600 people from university spin-outs, start-ups to more established companies. Sectors include advanced materials and manufacturing, nanotechnology, X-Ray technology, semiconductors, defence, electronics, photonics, robotics, pharmaceutical and space/satellites. The only UK Science Park with two National Catapult Centres - High Value Manufacturing Catapult (managed by CPI) & North East Satellite Applications Centre of Excellence (managed by Business Durham). Durham County Council has approved £50M capital investment and granted planning permission to develop 270,000 sq ft of new laboratory, office, production and storage space. It is hoped that development work will start Q3 2022.