Racelogic Wins Two Queen’s Awards for Enterprise

Simulator company Racelogic, based in the United Kingdom, has been honored with two 2012 Queen’s Awards for Enterprise. The awards were given April 21 to 209 companies to mark Queen Elizabeth’s birthday. Racelogic was one of four companies to be honored with the awards for both Innovation and International Trade.

Racelogic won the Innovation award for advances in GPS/GLONASS test simulation, with customers such as Broadcom, ST-Ericsson, and Telefonica using LabSat to test their devices.

Almost 90% of Racelogic’s sales are now to countries other than the UK, with customers in 92 countries around the world. Racelogic received the International Trade Award to recognize this achievement.

“We are extremely proud to be named as a winner of these two awards, with many highly reputable companies in the UK competing for these honors,” Racelogic’s CEO, Graham Mackie, said. “As a company we continue to grow and now employ more than 50 people in the UK alone. We have distributors located all over the world who help us to market and sell our systems to a wide variety of markets and customers.”

All winners will be invited to collect their awards at a reception hosted by the Queen in Buckingham Palace later this year.