How Brexit could provide opportunities for tech firms like Exensor Technology
The uncertainty of how Brexit will impact business when the UK leaves the EU is well-documented. Some business leaders see the UK’s departure from the bloc as a hindrance, particularly those who trade in Europe, whereas others are looking to capitalise on the opportunities that arise from it.
For firms like Exensor Technology, who have European partners themselves, there is a noticeable air of optimism about what opportunities Brexit might offer, which may provide some reassurance to others in the business environment.
Exensor’s main product which the firm is most known for is the Flexnet technology, a series of networked unattended ground sensor systems which operate as covert and discreet surveillance solutions. This can be deployed as a surveillance system in smaller areas by security or armed forces, or alternatively can be used on a larger scale to create an unmanned and unseen digital border.
Managing director Phil Ashworth discussed some of the fundamentals of the Exensor model in The Parliamentary Review, notably that it operates as a ‘forward-looking European company’. In his view, operating as such with its existing relationships with partners in France and Sweden will mean a minimal to non-existent impact on the business when UK withdrawal from the EU is finalised.
Ashworth wrote: “Based in the UK, partnered with our Swedish counterparts and with a French parent company, we truly are a modern-day blended family.
“As a forward-looking European company we have been working with our continental friends from the very outset and we foresee no change in this harmonious partnership, whatever the UK’s future relationship with the European Union may be.”
The firm is also preparing to make the most of opportunities that future trade deals with non-EU states could offer, as Ashworth touches on.
He wrote: “We’ll also maintain our ongoing relationships outside of Europe, the potential being that these will become stronger as trade agreements strengthen."
What may provide a tangible opportunity for Exensor after Brexit is the plan mooted by prime minister Boris Johnson to use technology to help maintain an open customs border on the island of Ireland and regulate UK-EU trade.
Should a free trade agreement with the EU not be agreed by the end of the transitional period to create alternative customs arrangements, there will be changes to how goods are checked, including the implementation of an alternative customs border in the Irish Sea. In this scenario, Exensor's technological solutions may even have a place in helping customs checks take place in Great Britain or at Northern Irish ports, before goods continue their onward journey into the EU.
Ashworth had suggested in the Review that Exensor’s Flexnet technology could even be deployed in Ireland should any unmanned surveillance system be required at the border to help regulate goods being transported between the UK and EU.
He wrote: “We are able to provide border control between apparently open borders, for example between Northern Ireland and the Republic of Ireland following Brexit, by integrating a range of unattended ground sensors through a silent mesh network of cameras and command and control systems.
“The Exensor solution would not require significant manpower or expenditure.”