Richard Clarke serves as the Finance Director at Powerphotonic, a pioneering manufacturer specializing in freeform micro-optics tailored for laser applications across diverse sectors, including materials processing, digital imaging, and medical technologies. With over 35 years of extensive experience in finance within both public and private...
Richard Clarke serves as the Finance Director at Powerphotonic, a pioneering manufacturer specializing in freeform micro-optics tailored for laser applications across diverse sectors, including materials processing, digital imaging, and medical technologies. With over 35 years of extensive experience in finance within both public and private enterprises, Richard has honed his expertise in technology and manufacturing, particularly in photonics, optical components, and opto-electronics. His deep understanding of the semiconductor and nanomaterials industries positions him as a key player in driving financial strategy and operational efficiency at Powerphotonic.
In his current role, Richard has successfully negotiated significant funding initiatives, including £2.0 million in bank loans and £0.45 million in RSA grant funding, which facilitated the company's strategic relocation and expansion within the UK, as well as the establishment of a US facility. Additionally, he played a crucial role in raising £3.2 million in equity and convertible loan notes, showcasing his adeptness in corporate finance and capital management. His strategic oversight not only supports Powerphotonic’s growth trajectory but also enhances its competitive edge in the rapidly evolving photonics market.
Richard's skill set encompasses a wide range of competencies, including business planning, corporate governance, and commercial management, making him an invaluable asset to the organization. His experience in business restructures and strategy development further equips him to navigate the complexities of the aerospace, defence, and biomedical sectors, ensuring that Powerphotonic remains at the forefront of innovation and operational excellence. Through coaching and mentoring, Richard also fosters a culture of financial acumen within the team, empowering the next generation of leaders in the technology and manufacturing landscape.
