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

Future Retirement Success

Business

£3.7M awarded to advance UK smart factory projects

by February 20, 2024
February 20, 2024
£3.7M awarded to advance UK smart factory projects

The Made Smarter Innovation Challenge, part of UKRI’s Made Smarter Innovation (MSI) Challenge, has awarded significant grants totalling £3.7 million to advance smart factory projects in the UK.

These grants, ranging from £107,000 to £535,000, have been allocated to 11 late-stage robotics and automation projects aimed at enhancing energy efficiency, productivity, and growth across manufacturing industries.

Delivered by Innovate UK, the Engineering and Physical Sciences Research Council, and the Economic and Social Research Council, this initiative focuses on developing innovative solutions to improve productivity, sustainability, and resilience within factory production areas. The funded projects span various domains, including process control, machine vision, and deployment in end gripper technology.

Over the course of 9 to 15 months, each project will undergo in-factory demonstrations to test their operation under real-life conditions. The insights gained from these demonstrations will inform the further development of commercial solutions by the technology development partners involved.

The winning projects involve collaboration among 30 organizations, including SMEs, large manufacturers, technology developers, universities, and research and technology organizations. These partnerships aim to drive forward innovation and propel the UK manufacturing sector towards greater efficiency and competitiveness.

Read more:
£3.7M awarded to advance UK smart factory projects

0
FacebookTwitterGoogle +Pinterest
previous post
One of UK’s ‘most advanced’ vertical farms opens in Gloucestershire
next post
What does the Quran say about trading?

You may also like

Survey reveals over three-quarters of UK business leaders...

April 13, 2023

The UK’s Electric Car Revolution: What You Need...

September 21, 2023

Choosing the Right Car for Your Teenager: Key...

February 24, 2025

Borrowing rises less rapidly than expected despite energy...

November 23, 2022

Ticked off: Beyoncé and Ronaldo among those to...

April 21, 2023

Hedging: Understanding the basics

February 19, 2024

Singapore Real Estate Market: Trends and Investment Opportunities

April 9, 2024

Truss plans to loosen immigration rules to tackle...

September 26, 2022

How a £400,000 fund in Oxfordshire shows the...

July 15, 2025

Cost of renting hits highest in a decade

June 21, 2023

    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

    • “YouTube is future-proofing itself”: leading producer backs AI crackdown to protect creative jobs

      August 7, 2025
    • Horizon victim Lee Castleton sues Post Office and Fujitsu for £4.5m in landmark legal claim

      August 7, 2025
    • Bank of England expected to cut interest rates to 4% amid weakening UK economy

      August 7, 2025
    • OpenAI in talks over $500bn share sale, potentially surpassing SpaceX in value

      August 7, 2025
    • UK construction activity slumps to lowest level since Covid amid housing slowdown

      August 7, 2025
    • Getting to Know You: Stuart Davis, CEO & co-founder, Dubs Universe

      August 7, 2025

    Categories

    • Business (8,698)
    • Investing (2,179)
    • Politics (16,329)
    • Stocks (3,228)
    • 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