Newport-based electronics specialist Silvertel has won the International Impact Award at the Wales Technology Awards 2018.

Secretary of State for Wales Alun Cairns joined the ESTnet (the network for Wales technology industry) at the awards 2018 to honour the achievements of the companies that are driving the future of Welsh tech.

Silvertel was its award in recognition of the significant, sustainable growth the company has secured through international trade.

Silvertel, which specialises in the design and supply of electronic modules to a global customer base including Samsung and Panasonic, secured the award in the hardware category.

Over the last three years, the company, which is based at Imperial Way in Duffryn, has experienced dramatic growth in every overseas operating territory including: Australia, Italy, Russia and Japan.

The company’s strengths in technological innovation have seen it become the only company in the UK designing its particular product range of power over ethernet modules, and it is seen as one of the leading developers in the world for this type of product.

A focus on miniaturisation has also seen Silvertel create the world’s smallest POE module, which are perfect for the latest generation of Internet of Things products.

Steve Edwards, managing director of Silvertel, said: “We’re so overwhelmed to win against such fierce competition. This was our second chance to enter and winning is clear recognition of our impressive growth in sales and our real contribution to the Welsh economy.”

Other winners on the night included Capital Network Solutions, DevOpsGuys, BCC IT, Signum Health Ltd, We Build Bots, and Wales Interactive.

Jackson Hull, chief operating and technology officer at Newport-based GoCompare, which were headline partner of the event, said: “We’re excited to partner with the Wales Technology Awards to celebrate and support the best of Welsh tech.

“As one of the UK’s most prominent fintech brands, our goal is to help support the future of tech in the region and help establish Wales as a UK tech hotspot, through attracting and developing the very best talent to drive innovation and excellence in the industry.

“Celebrating success is a key part of this and we couldn’t be happier to extend our congratulations to everyone nominated and in particular, tonight’s winners.”