Sixteen major new R & D projects that will help stimulate innovation in the UK's manufacturing sector are to share government funding of more than £6.5 million.
The Technology Strategy Board and the Engineering and Physical Sciences Research Council are to provide grant funding to support the development of the new technologies that have the potential to underpin new production processes in a wide range of industrial applications and market sectors.
The focus of the R&D will be on production technologies that can create high value through novel processes, advanced product manufacture, and/or resource efficiency improvements. TeraView is understood to have been awarded the best part of £1m for an innovative method of controlling and optimising car painting processes. EPSRC is understood to be contributing a significant amount to that particular pot.
TeraView CEO Don Arnone told Business Weekly: "Based on the success of laboratory products in the integrated circuit chip inspection and other industrial quality assurance applications, we have received from funding from the TSB to help transition our technology from the lab into productions environments where the demand for the technology is growing. We have already successfully done this in the pharmaceutical area, and are now focusing on making the transition in other industrial areas".
_____________________________________________