Technology

Posted on April 18, 2017 by staff

Innovate UK invests £15m into technologies of future

Technology

Innovate UK has announced funding for 80 high-growth potential projects as part of a £15 million investment.

The Emerging and Enabling Technologies competition identified technologies with the potential to unlock billions of pounds of value to UK industry and disrupt existing markets.

The successful projects include Holosphere, which will work with Jaguar Land Rover to create an augmented reality car configurator for use in its network of showrooms.

Archangel Aerospace will use funding to develop an ultra-lightweight laser receiver terminal to bring vast amounts of data from satellites in a low orbit down to earth quickly and reliably, improving the scope and quality of services provided by earth observation and scientific satellites.

PlasticARMPit is a project involving ARM, Pragmatic Printing, Unilever and the University of Manchester which will develop a high-performance energy-efficient processing engine to deliver future flexible electronic devices.

The Croda Project aims to develop advanced antimicrobial coatings to control and prevent biofilm formation, which costs the UK economy tens of billion pounds per annum in damage. It is led by the global market leader in speciality chemicals, Croda, in collaboration with SME Scanwel and the University of Liverpool, which provides advanced characterisation tools to help optimise the technology and enable its translation to a number of market sectors.

Paul Mason, emerging and enabling technologies director at Innovate UK, said:  “The quality and breadth of applications for this competition was excellent and highlights the appetite and capacity of UK businesses to innovate, and to find new sources of revenue from new products, processes or services.”