Labtech Ltd was founded in 1984 and was a privately owned business with the sole focus of offering a specialist "non-standard" PCB production service. It quickly became apparent that there was a growing need for a supplier of PTFE microwave PCB's and in 1985 Labtech set up as a specialist printed circuit board manufacturer and became one of the first independent companies to offer such a capability. The business grew steadily and in 1990 was acquired by Intelek plc a London Stock Exchange company. During 1995 Labtech opened a purpose built pcb production factory in Presteigne, Wales and this culminated in significant growth during the remainder of the century. Labtech was awarded the Queen's Award for Export Achievement in 2001 as recognition of the company's outstanding business performance.
In order to meet the growing demands of Labtech's unique low cost mmic packaging capabilities, an acquisition of a microwave broadband component business was made in 2005. Labtech acquired from Filtronic Components their Milton Keynes-UK manufacturing facility. This positive step allowed the company to broaden it's microwave broadband product and service beyond that of a printed circuit board manufacturer, offering microwave components, and microwave MIC assembly. The facility based in Milton Keynes originated from a joint venture between Elettronica of Italy and Plessey Microwave-UK and became a division of Elettronica in 1989. Filtronic acquired the assets of the business in 1995 until the acquisition by Labtech.
The company in 2008 renamed itself Labtech Microwave to reflect the focus in supplying microwave solutions with specialist capabilities in design, manufacturing, assembly and testing. The company continues to service many product and market applications from global telecommunications to space and satellite communications.
In late 2010, Labtech was acquired by Teledyne Technologies and was renamed Teledyne Labtech. The new company still retains it focus on the highly complex, high reliability systems, and is now a key member of one of the worlds leading high technology corporations.