UKEF supports Bristol-based technology leader Dynisma to enter European markets with a new multi-million pound export contract
UK Export Finance supports Bristol-based Dynisma secure new multi-million-pound-equivalent export contract
Pioneering simulation firm opens new 20,000 sq. ft campus and creates over 65 new jobs in the last 12 months, with further expansion planned to support global expansion and UK growth
Announcement follows publication of the Industrial and Trade Strategies as part of the government's Plan for Change
Bristol-based technology leader, Dynisma, is now exporting to Europe with support from UK Export Finance (UKEF), the government's export credit agency.
New government support is driving the company's expansion, whose cutting-edge motion simulation systems are adopted by leading automotive manufacturers worldwide, including McLaren Automotive and Ferrari.
With a €3 million surety bond issued by NatWest and guaranteed by UKEF's Bond Support Scheme , Dynisma secured a €10.7 million contract with a European client, accelerating the company's international expansion and bolstering UK growth.
Over the past year, Dynisma has created over 65 high-skilled UK jobs and opened a new 20,000 sq. ft technology campus in Bristol to support its continued growth and expansion into adjacent sectors and new markets.
Founded by former Formula 1 engineer Ash Warne, Dynisma set out to close a critical gap in vehicle development by creating motion simulators with real-world correlation.
This marked a step change in Driver-in-the-Loop simulation, giving automotive manufacturers and race teams access to capabilities once limited to top-tier motorsport. Dynisma now supplies systems to original equipment manufacturers (OEMs) and teams across all major motorsport series, helping reduce physical testing, shorten development cycles, and improve overall efficiency.
Dynisma's partnership with NatWest and UKEF also includes a General Export Facility (GEF) worth up to around £7.1 million. This will give Dynisma access to a range of trade finance facilities designed to support the growth of export volumes.
Gareth Thomas, Minister for Exports, said:
Dynisma is a fantastic example of a successful British business that has gone from strength-to-strength through exporting.
UKEF's support enables Dynisma to unlock valuable new financing, which has opened up a new chapter for the company and helped to create new local skilled jobs.
Graeme Cook, CEO of Dynisma, said:
This support from UKEF and NatWest has played an important part in helping us unlock new global opportunities. It reflects the strength of our technology, our culture, and our people.
As a team, we're proud to be flying the flag for British innovation on a global stage and to be helping our customers rethink what's possible in simulation, development, and performance. This is just the beginning - our platforms have huge potential in adjacent industries, and we're excited for the road ahead.
Louis Spencer, Relationship Manager, NatWest, said:
At NatWest, we take pride in our support for innovative businesses as they look to expand and take their expertise to global markets.
Dynisma represents a fantastic example of British engineering excellence, delivering a major boost to the local economy and technology sector. We're delighted that our partnership with UK Export Finance has assisted them to secure new opportunities for international growth.
Dynisma's advanced motion simulators enable automotive manufacturers to virtually test and develop vehicles across the entire product lifecycle - from early concept through to final sign-off.
By delivering ultra-low latency and high-bandwidth feedback, they provide engineers and drivers with real-world correlation for handling, performance, and ride development. This reduces reliance on costly physical prototypes and enables earlier, faster decision-making, helping OEMs bring vehicles to market with greater speed and confidence.
Dynisma's success story aligns with the government's focus on driving economic growth across the UK, in partnership with businesses and by supporting innovation in key sectors like automotive and advanced manufacturing through the Industrial and Trade Strategies, where the UK enjoys competitive advantages globally.
