SMEs in Defence: Spotting the Next Magtec
Emeric Gabor
@ PublicSectorExperts.com | Connecting Businesses and Public Sector Experts
I've seen it time and time again: small businesses with fresh ideas struggle to break into industries dominated by giants. It can be incredibly frustrating.
Breaking into the defence sector as an SME isn’t easy. The big contracts, the complex procurement processes, the dominance of major players, it can feel impossible to get a foot in the door.
Yet, companies like Magtec prove that the right partnerships can make all the difference. Their recent funding from the Defence Technology Exploitation Programme (DTEP) is a perfect example. They’re teaming up with MacTaggart Scott, a higher-tier supplier, to develop Permanent Magnet Motors (PMM) for submarines – technology that’s smaller, lighter, quieter, and more efficient. This isn't just incremental improvement; it's a significant step forward.
Why does this matter? Because strategic SME partnerships are key to:
The MOD’s backing of Magtec isn’t just an investment in one company – it’s a commitment to building a more competitive, dynamic, and resilient defence sector. It sends a clear message that the UK values innovation and collaboration.
The takeaway? If you’re an SME with innovative tech, especially dual-use tech, don’t underestimate your role in shaping major industries. Your agility and fresh perspective can open doors. Collaboration is the bridge between potential and impact.
Learn more about DASA’s funding opportunities here.
??What’s your experience with SME partnerships in government or defence? I’d love to hear your thoughts and experiences!
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