BEIS announces £65m investment for future technologies

BEIS announces £65m investment for future technologies

The Department for Business, Energy & Industrial Strategy (BEIS) has announced that £65m will be invested to help make the UK the global home for future technologies in battery development, robotics and advanced healthcare treatments in a bid to ‘transform people’s lives’. A portion of the funding will be used for the development of robots that inspect, maintain and repair nuclear power stations, satellites and wind turbines. It is believed that the extension of the Industrial Strategy Challenge Fund ‘will help the UK build back better by transitioning to a low carbon economy and developing solutions for an ageing society’.

The £65m will be split in the following way:

• approximately £44m will be set aside for the development of high-performance batteries for electric vehicles, wind turbines and electric aeroplanes. In addition, the funding will be used to complete a ‘first-of-its-kind’ UK Battery Industrialisation Centre in Coventry which will help to create 100 high-skilled jobs

• £15m will be used to build robots to inspect, maintain and repair nuclear power stations, satellites and wind turbines. The robotics will also be used to address challenges resulting from the coronavirus (COVID-19) pandemic

• £6.5m will be given to the Advanced Therapy Treatment Centre network to speed up patient access to advanced therapies through the development of specialised infrastructure for the delivery of these products in the NHS

Source: Government investment to help build robots for nuclear plants and batteries for electric aeroplanes

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