Oxford University's commercialisation arm has appointed Matt Perkins as its new chief executive, replacing Tom Hockaday who stepped down earlier this year.

Matt Perkins has been appointed chief executive of Oxford University Innovation, the tech transfer office of Oxford University.

Perkins will begin his new role in October 2016. He will replace Tom Hockaday, who stepped down earlier this year after 16 years with the unit.

Perkins joins from electronics equipment manufacturer E2V Technologies, where he has been president of space imaging since March 2015.

He previously worked with academia when he served as group chief executive of SSTL, a satellite technology developer spun out of Surrey University.

Perkins has also acted as chair of the UK Industry Association for Space in 2013 and 2014, during which time he collaborated with the UK Space Agency, innovation agency Innovate UK and the Department for Business, Innovation and Skills.

He said: “The world-class reputation and achievements of the university and Oxford University Innovation are a benchmark for others around the world.

“I am excited to join the organisation at a time when there is growing recognition of the importance of University research as the basis for sustainable economic growth.”

Nigel Keen, chairman of the board, said: “We are delighted to welcome Matt to Oxford University Innovation.

“Working closely with Oxford University researchers and academics we have built a strong company, with excellent staff, that has enjoyed spectacular success over recent years.

“Now we look forward to this new chapter in which Matt will lead the company in its mission to achieve greater impact from university research for the benefit of the economy and wider society.”