Guidance Navigation Ltd has been awarded The Queen's Award for Enterprise: International Trade 2014.
"Our success in winning this award for the second time, after previous success in 2006, is down to significant investment in our people and technologies to deliver products that will help shape the future of our industries," said the company.
"Our overseas earnings and commercial success in specific market sectors makes us worthy winners of this year's award. We have demonstrated significant growth in overseas business and our customer base now spans over 40 countries, across Asia, Middle East, Europe and the Americas with just over 87 per cent of our total sales
being exported.
"Having stood at the forefront of position measurement technologies for more than 20 years the company extends sincere thanks to its worldwide customers, suppliers and employees who have contributed to this success. As a successful, diverse, multi-cultural international technology company it is the expertise, passion, ambition and collective team ethos which forms the cornerstone of our business.
"With 110 employees across 5 UK sites, and active plans to open offices in Singapore and Louisiana later this year, Guidance continues to go from strength to strength."