Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

£1.2m fund backs drones to deliver freight to isolated parts of the UK

by April 13, 2023
April 13, 2023
£1.2m fund backs drones to deliver freight to isolated parts of the UK

Drones will take to the sky in the Orkney Islands, as part of a £1.2m funding package to encourage more innovative and cleaner freight delivery solutions across the country.

Skysports Deliveries – which provides infrastructure for the air mobility industry – won £150,000 and will use the drones to “improve island to island connectivity,” and make deliveries.

The Freight Innovation Fund, backed by £7m overall, forms part of the government’s Future of Freight plan, which launched last year. It aims to encourage economic growth and tackle the global HGV driver shortage caused by the pandemic.

Skysports Deliveries joins nine others winners of the first round of funding. Electrical Assisted Vehicles, another recipient, received £150,000 to develop a lightweight, electrically assisted delivery vehicle.

Roads Minister Richard Holden said, “whether it’s drones for deliveries on remote islands or zero emission buggies – we want to invest in future technology that could transform how we move goods around the country while reducing emissions and traffic and creating skilled jobs.”

“The Freight Innovation Fund gives innovators the opportunity to test their ideas and help our freight industry become greener and more efficient – unlocking better connectivity and boosting growth across the country.”

Nicola Yates OBE, the CEO of Connected Places Catapults, which will deliver the programme, said: “the freight sector has an enormous opportunity to support jobs and growth across the UK, which is why today we are pleased to welcome the 9 SMEs to the first round of the Freight Innovation Fund Accelerator.

Working with innovators and industry partners through our accelerator programme allows us to develop a pipeline of technology and new ideas that promise to help tackle the freight sector’s emerging needs, ensuring that resilience, efficiency and carbon reduction are core to the sector’s future.”

Read more:
£1.2m fund backs drones to deliver freight to isolated parts of the UK

0
FacebookTwitterGoogle +Pinterest
previous post
Tesco cuts milk prices after wholesale costs fall
next post
JP Morgan’s tell top bankers to work five days a week in the office

You may also like

UK inflation dips below Bank of England target...

October 16, 2024

The lonely road to success

February 19, 2024

3 Tips to Strengthen Your Business for a...

August 15, 2022

UK car production soars as industry warns of...

October 26, 2023

The Benefits of Dissertation Help: Boost Your Confidence...

November 12, 2024

Household confidence in UK economy wanes after six...

August 23, 2024

Deepmind scientist raises $50m to use AI in...

February 16, 2025

Waitrose removes best-before dates from fresh food to...

August 1, 2022

Bernie Ecclestone’s Formula One car collection sells for...

March 8, 2025

The finance firm invested in educating future customers

August 3, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • House Tax Bill Doesn’t Kill Green New Deal Subsidies Fast Enough

      May 15, 2025
    • UAE’s president bestows highest civilian honor on Trump

      May 15, 2025
    • US military would be unleashed on enemy drones on the homeland if bipartisan bill passes

      May 15, 2025
    • House Dems open investigation into Trump’s acceptance of $400 million jet from Qatar

      May 15, 2025
    • Wagyu Farmer in Congress Wants Tariffs on Australian Wagyu

      May 15, 2025
    • Young Americans Like Socialism Too Much—That’s a Problem Libertarians Must Fix

      May 15, 2025

    Categories

    • Business (7,968)
    • Investing (1,963)
    • Politics (15,235)
    • Stocks (3,084)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved