What Trackwise Designs PLC does

Amphenol Trackwise Designs Limited (formerly Trackwise Designs PLC, LSE:TWD) is a UK-based specialist manufacturer of multilayer flexible printed circuits (FPCs), headquartered in a 77,000 sq ft facility in Stonehouse, Gloucestershire. The company's defining asset is Improved Harness Technology (IHT), a patented roll-to-roll manufacturing process that converts conventional static PCB steps (drilling, imaging, pressing, plating) into dynamic continuous processes, enabling multilayer FPCs of unlimited length with tight plating tolerances (±5µm demonstrated across 72m). The portfolio spans standard, large-format (up to 600mm wide), and long-length multilayer FPCs, plus FPC assemblies with surface-mounted components and an acquired line of short flex and rigid PCBs from Stevenage Circuits.

Trackwise sells exclusively through direct enterprise engagement to OEMs in four verticals—Aerospace, Automotive (notably EV battery cell-to-pack interconnects), Medical (catheters, minimally-invasive surgical instruments), and Industrial/Scientific (pipeline monitoring, scientific sensing)—via project-based custom manufacturing contracts and quote-based pricing. Revenue mechanics are concentrated: a multi-year £60M supply contract with a major EV OEM and marquee reference customers such as Rolls-Royce, Direct-C, Skymasts/Transport for London, and Indiana University. The go-to-market leans on industry exhibitions (electronica, DSEI, Eurosatory), white-paper content marketing, and AS9100D-accredited design-services support.

Following acquisition by Amphenol Corporation in 2023, Trackwise operates as a subsidiary integrated with sister PCB entities Amphenol Invotec (UK) and Amphenol Printed Circuits (US), and consolidated all operations into the Stonehouse site by April 2024. Capabilities are anchored by an ISO Class 7 cleanroom, AS9100D/ISO 9001:2015 and ISO 14001 certifications, Cyber Essentials, and the SC21 Bronze award, plus the inaugural 2023 King's Award for Enterprise for Innovation and the 2005 Queen's Award for International Trade. Headcount is 51–100, consistent with a specialised mid-market manufacturer supplying global aerospace, EV, medical, and industrial customers.

Name

Trackwise Designs PLC

Legal name

Amphenol Trackwise Designs Limited

Website

https://trackwise.co.uk

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

51–100 employees

Short description

Amphenol Trackwise is a UK subsidiary of Amphenol Corporation that manufactures multilayer flexible printed circuits of unlimited length using its patented roll-to-roll Improved Harness Technology, supplying aerospace, EV, medical, and industrial OEM customers with lightweight interconnect solutions.

Ownership category

akta.pro rank

Headquarters

HQ city

Cheltenham

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Custom FPC Manufacturing: Trackwise manufactures custom multilayer flexible printed circuits to customer specifications. Revenue is generated through project-based manufacturing contracts with aerospace, automotive, medical, and industrial customers. The company has disclosed a £60M contract with a major EV maker for cell-to-pack interconnect products. Pricing is quote-based, tailored to each project's complexity, length, materials, and volume requirements.
2. FPC Assembly (FPCA): In addition to bare FPCs, the company offers assemblies with surface-mounted components on one or both sides, combining interconnect and PCB functions in a single part.
3. Design Services: AS9100D accredited design capability assisting customers with designing for flex and advising on nuances of designing for manufacturing.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Trackwise Designs PLC (operating as Amphenol Trackwise Designs Limited) manufactures custom multilayer flexible printed circuits (FPCs) of unlimited length using its patented Improved Harness Technology™ (IHT) roll-to-roll process. The company produces bare FPCs, FPC assemblies with surface-mounted components, and offers AS9100D-accredited design services. Products serve aerospace (weight reduction up to 60%), automotive/EV (battery management and high-voltage power circuits), medical (catheters, minimally invasive surgical instruments), and industrial/scientific applications (pipeline monitoring, sensing).

Product overview

Amphenol Trackwise Designs is a specialist manufacturer of flexible printed circuit technology, offering a unified portfolio built around its proprietary Improved Harness Technology™ (IHT) patented process. The core offering consists of multilayer Flexible Printed Circuits (FPCs) of unlimited length, available in various configurations including standard multilayer, large format (up to 600mm wide), and long-length variants. The company serves key verticals through dedicated product lines: Aerospace FPCs for aircraft weight reduction, Automotive FPCs for EV battery management systems, Medical FPCs for catheters and surgical instruments, and Scientific & Industrial FPCs for sensing applications. Additional offerings include FPC Assemblies (FPCA) with surface-mounted components and the acquired Stevenage Circuits product line for short flex and rigid PCBs. All products leverage the IHT roll-to-roll manufacturing process which enables unprecedented length capabilities while delivering up to 75% weight savings compared to traditional wire harnesses.

Differentiator

Problem solved

Functional benefit

Products and services

• Improved Harness Technology™ (IHT) FPCs
• Multilayer Flexible Printed Circuits (FPCs)
• Large Format FPCs
• Long Length Multilayer FPCs
• Aerospace FPCs
• Automotive FPCs
• Medical FPCs
• Scientific & Industrial FPCs
• FPC Assemblies (FPCA)
• AS9100D-Accredited FPC Design Services

Quantifiable outcome

• Up to 75% weight reduction compared to traditional wire harnesses
• +5 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Direct-CcoreStrategic or Co-development Partner · 1 January 2020Partnership with Canadian company Direct-C to produce WrapSense hydrocarbon leak detection strips using IHT flexible printed circuits. Trackwise provides 26m+ continuous FPCs that replace daisy-chained 50cm segments, significantly improving reliability by reducing solder joints from ~280 to ~8 per 10m strip. The partnership enables continuous pipeline monitoring for 20+ years with no maintenance.
• TWI (The Welding Institute)minorStrategic or Co-development Partner · 1 January 2020Technology testing partnership where TWI conducts independent validation of WrapSense hydrocarbon leak detection technology using Trackwise IHT FPCs. TWI performed controlled tests to validate the technology's effectiveness in detecting liquid hydrocarbons in various environmental conditions.
• Stevenage Circuits LtdcoreOthers · 1 January 2020Acquired Stevenage Circuits Ltd, a UK-based designer and manufacturer of short flex and rigid printed circuit boards, for up to £2.5 million in 2020. Extends Trackwise's manufacturing capabilities for shorter flex circuits and rigid PCBs.
• NLR (Royal Netherlands Aerospace Centre) - ACASIAS ConsortiumminorStrategic or Co-development Partner · 1 January 2017Part of a ten-company consortium led by NLR responding to Horizon2020 call MG-1.1-2016 for reducing aviation energy consumption. Project ACASIAS focuses on integrated aero-structures with self-sensing, morphing, or multi-functional capabilities.
• Trackwise Epitome IndiaminorOthers · 1 January 2007Former joint venture established to provide volume manufacturing of specialist RF PCBs for Indian-located wireless infrastructure equipment manufacturers and assemblers. The JV was formerly opened in 2007.
• Amphenol CorporationcoreOEM/ Whitelabel/ Licensing PartnerTrackwise became part of the Amphenol Group in 2023. Now operates as Amphenol Trackwise Designs Limited. Benefits from Amphenol's global PCB capabilities network including Amphenol Invotec (UK), Amphenol Printed Circuits (US), enabling local support and latest PCB technologies for customers worldwide.

Scale indicators9 records

Recent moves11 records

Expansion highlights5 records

Broad incumbents

• AT&S (Austria Technologie & Systemtechnik): European-headquartered PCB and IC substrate manufacturer with significant automotive exposure. Serves many of the same European automotive and industrial OEMs as Trackwise, with HDI PCB and substrate capabilities beyond Trackwise's specialty FPC focus.
• TTM Technologies: Major US-headquartered PCB manufacturer serving aerospace, defense, automotive, and computing customers. A broad incumbent with FPC capabilities as part of a larger rigid PCB portfolio, serving many of the same aerospace and defense customers as Trackwise across US and global markets.
• Multek (Flex Ltd): PCB manufacturer operating as part of Flex Ltd, with HDI, rigid, flex, and rigid-flex capabilities. Serves automotive, medical, and industrial customers across global geographies, representing a broad incumbent peer for Trackwise in diversified PCB manufacturing.

Direct peers

• Sumitomo Electric Industries: Japanese manufacturer of flexible printed circuits and wiring harnesses with significant automotive exposure. Competes with Trackwise in automotive FPC applications including EV battery interconnects, offering both traditional harness and FPC solutions to overlapping automotive customers.
• Amphenol Invotec: UK-based PCB manufacturer and direct sister entity within Amphenol Corporation. Manufactures rigid, flex, and rigid-flex PCBs including HDI and RF, serving aerospace, defense, and industrial customers in overlapping geographies and customers as Trackwise.
• Flexium Interconnect: One of the world's largest flexible printed circuit manufacturers, headquartered in Taiwan. Competes directly with Trackwise in FPC supply across consumer electronics and increasingly automotive applications, representing the global scale competitor that benchmarks against Trackwise's specialty FPC capability.
• Amphenol Printed Circuits: US-based PCB manufacturer and sister company within Amphenol's PCB division. Produces rigid, flex, and rigid-flex PCBs for commercial aerospace, military, and industrial customers, providing the closest capability peer under the same corporate parent as Trackwise.
• Nitto Denko: Japanese diversified materials and electronics company with significant FPC manufacturing operations. Competes with Trackwise in industrial, automotive, and consumer FPC markets, with particular strength in high-density and high-reliability flexible circuits used in similar end markets.
• Zhen Ding Technology Holding: The world's largest FPC manufacturer by revenue, headquartered in Taiwan and a major Apple supplier. Competes with Trackwise in multilayer FPC manufacturing and is increasingly expanding into automotive FPC for EV battery applications across global OEM customers.
• Career Technology (MFG) Co. Taiwan-based FPC manufacturer with growing automotive exposure. Competes with Trackwise in multilayer FPC manufacturing, particularly for automotive electronics and EV battery applications across global OEM customer bases with overlapping automotive end-market exposure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/trackwise

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Trackwise Designs PLC