Fledgling Aberdeen company Sensalytx has signed a tenancy agreement for new office accommodation at the Innovation Park in Bridge of Don.
Sensalytx, which uses artificial intelligence to analyse and “visualise” offshore energy industry data started trading in 2017 from an incubator unit at the Oil & Gas Technology Centre.
Staff numbers have grown to eight, prompting the decision to move into part of the James Gregory Centre.
An initial one-year lease for a 10-desk serviced office has been agreed with Moorfield Group, which owns the Aberdeen Energy and Innovation parks.
Sensalytx chief executive Graham Gaston said: “Increased business means that we simply need additional space to develop and grow.
“Moorfield offered us excellent quality space at James Gregory, with flexible lease terms. I am delighted to move into this office and bring our team together in such a fantastic business environment.”
Moorfield Group senior asset manager Hugh Canham said: “This deal is another endorsement for the cost-effective and flexible serviced office solutions we can offer occupiers on the park.
“Sensalytx is an excellent addition to the entrepreneurial occupier mix at James Gregory and we wish Graham and the team every success.”
The new tenant specialises in well management and data analytics services to ensure the safe, secure and cost-effective decommissioning of oil wells, allowing companies to maximise economic recovery from their assets.