Hope Technology is a bicycle component manufacturer based in Barnoldswick, Lancashire, UK. Primarily concerned with manufacturing high-quality mountain bike components, Hope has branched into accessories such as lights, tools and riding gear. The company was started in 1989 by Ian Weatherill and Simon Sharp, former Rolls Royce aerospace engineers, who decided that the brakes on their newly discovered mountain bikes weren't up to scratch when compared to the motorbikes they were used to riding. The first product was a mechanical brake and hub system. Since then the company has expanded significantly. Hope distributes mainly MTB components, e.g. stems, wheels, accessories and much more, but it manufactures also bike parts for road. The company is well-known for its mountain bike parts, which have also a high reputation worldwide by professionals and ambitious recreational cyclists equally and which are sold all over the world.