Renamed Cambourne Park Science & Technology Campus welcomes Rakon to site
The latest addition to the newly renamed Cambourne Park Science & Technology Campus (formerly Cambourne Business Park) is Rakon, one of the world’s largest manufacturers of frequency control products and timing solutions.
Headquartered in Auckland, New Zealand, and with bases in the Americas, Europe, the Middle East and Asia-Pacific, Rakon’s products can be found at the heart of applications from 5G networks to satellites, and from emergency beacons to autonomous vehicles. It has been positioning for agritech for over a decade and has relocated its boutique chipset design hub to the campus.
Cambourne Park Science & Technology Campus was acquired by Life Science REIT, a real estate investment trust focused on UK life science properties, in 2021. Along with its investment advisor, Ironstone Asset Management, it has been assessing and evaluating the future trajectory of the location, including a re-branding exercise, feasibility studies for the refurbishment and re-purposing of buildings, and the development of a master plan which transitions from a traditional business park towards a more science and technology-focused campus.
The vision for the 50-acre campus is to create an exemplar development which continues to support current occupier’s activities and requirements as well as attracting additional leading science and technology businesses.
Through a programme of retrofit, sustainable transformation to provide further high-quality lab and tech bench space, a permanent café/lifestyle amenity, plus enhanced connectivity to Cambridge, Life Science REIT is committed to further establishing the campus as a leading location for both science and technology in the region.
Ian Harris, director of asset management, Ironstone Asset Management, added: “We are delighted to officially welcome Rakon to the Campus, in addition to unveiling the new Campus identity and our plans for the continued evolution of this superbly positioned location.
“Home to over 60 companies, employing over 1,000 people and located just seven miles from Cambridge – which supports the largest science and technology cluster in Europe – the campus is already part of a vibrant ecosystem.
“We are excited by the opportunity to further enhance that ecosystem through the provision of high-quality, affordable science and tech space to satisfy the current high market demand, ensuring that innovative companies working to solve some of the world’s most challenging issues can continue to thrive here.”
Reza Sedehi, head of products, Rakon, said: “Rakon has been designing chipsets to enable connectivity since 2008. Today, we cannot be more excited to relocate our boutique chipset design hub to the UK’s silicon fen, as we are set to expand our ASIC-based product portfolio. Being in Cambourne will allow us to have access to the world’s leading engineers, bring us closer to our customers (such as ublox and MediaTek) and provide us with a peaceful, exciting and innovative working environment.”
Currently fitting out the space to create dry labs, Rakon is expected to be operational on site by the end of the month.