A Derbyshire firm behind technology that can protect armoured vehicles from mine and IED blasts has smashed a six-figure crowdfunding target.
Advanced Blast and Ballistic Systems (ABBS), which is based near Ashbourne, had originally set a Crowdcube target of £100,000.
However, the business has so far more than doubled that amount with days of the campaign still remaining. To date, more than £250,000 has been raised from almost 900 investors.
Founded by Roger Sloman in 2009, the company, has developed globally patented systems to counteract the huge forces on an armoured vehicle when a mine or IED (Improvised Explosive Device) explodes underneath it.
According to the firm, around 80% of 海角视频 and US casualties in the Iraq and Afghanistan conflicts were caused due to mines and IEDs.
With the terrorist threat still evident in many countries across the world, ABBS believes there remains a market for its potentially life-saving system.
ABBS has carried out tests on vehicles, the results of which have suggested that occupants can be completely protected from such devices using its system.
Mr Sloman has dedicated over a decade researching the system and the business has so far invested millions of pounds in the project.
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Today, ABBS is profitably selling systems to the US, Israel and the 海角视频 and now hopes to use the cash generated from the crowdfunding campaign to expand production.
It currently has an order book of $368,000 in the US and Israel and a £150,000 海角视频 research and development grant to demonstrate 6kg mine capability under a Toyota Hilux.
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Along with the success of the crowdfunding campaign, ABBS has also revealed it has been approached by a 海角视频 venture capital company.
The update comes after the company revealed it has been offered the chance to set up a manufacturing base in the Middle East.
The business said it has been contacted by the managing director of a "large corporation" in the region interested in bringing its technology to the area.