New fund available to businesses to introduce sensor technology into their products
from Good Thinking (418 articles)
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May 15, 2007 Now that we have enough computing power to crunch even the most gargantuan computing tasks, we are only limited in what we can do, by what we can measure. That’s why the advancement of sensor technology will become so very important in the coming decade. Sensors are currently used in many products to detect things like motion, light, temperature, pressure and flow, and play a vital role across a range of industries, for example as household smoke detectors, vehicle reversing aids and for ingredients monitoring in the food processing industry. The image at right is a 3D foot scanner designed to enable the easiest selection of comfortable shoes developed by Qinetiq. The development of new sensing technologies is hence critically important in generating new products and improving processes. British technology company Qinetiq’s purpose is “delivering Brilliant Solutions to Important Problems”. From integrating legacy weapons systems with state of the art sensors and software for the British MOD, to fielding advanced robotic systems for the US Department of Defense; providing port security products for the US Department of Homeland Security, or designing advanced security systems for many of the City's computer systems, QinetiQ’s technological prowess in the field of sensors and systems is vast. So we’re accordingly pleased to report that Qinetiq and Regional Development Agency Advantage West Midlands are establishing a new multi-million investment fund to be made available to businesses from early next month to stimulate the technical development of advanced sensors and their integration into technologies used in everyday life.
With the combination of QinetiQ’s advanced sensors capability and know how and investment funding of UKP10.5 million from Advantage West Midlands to help businesses identify, develop and commercially exploit new innovative products, the total value of the Advanced Sensors Programme stands at over UKP20 million.
Successful applicants will be given access to the research and development capabilities of QinetiQ, one of the largest employers of scientists and engineers in the UK. QinetiQ experts, based in Malvern in Worcestershire, will help companies determine whether incorporating or improving sensor technology is appropriate for them, and work with companies to explore the possible solutions for their products and processes. The involvement of QinetiQ also gives projects a commercial focus so that the investment in technology provides rewards to all the participants.
Simon Bennett, Managing Director of QinetiQ's commercial business said: "Up to half a million pounds could be available to each successful business participating in the project in the form of both technical and business support. QinetiQ employs some of the world's best minds who will work with businesses to develop advanced sensors; but what sets QinetiQ apart is our proven ability to take technology to market and we will help businesses integrate sensors into innovative solutions that make a big difference in everyday life."
Nick Paul, Chairman at Advantage West Midlands said: "This project offers massive opportunities for West Midlands businesses to develop and incorporate sensor technology to produce world beating, innovative products.
He added: "This is a great opportunity to access the technical capabilities of QinetiQ, one of the leading technology companies in the country and I urge businesses in the West Midlands to take part."
The advanced sensors project has three stages, with tangible benefits for businesses at every stage. During stage one businesses will receive assistance in qualifying their ideas and building specific propositions for the use of sensor technology. Stage two will focus on proof of concept and technical development, followed by the design, construction and testing of prototypes. Stage three is about the commercial exploitation of the ideas, with QinetiQ assisting businesses to access finance and roll out the technology through volume manufacturing and product marketing.
The advanced sensors project will be launched at QinetiQ's Malvern Technology Centre, Malvern, Worcestershire on Thursday 7 June 2007. The launch will provide companies with the opportunity to find out more about the project and gain an insight into the types of technologies and expertise available through demonstrations of the products developed by QinetiQ.
To find out how to get involved with the project and the launch event click here or email the advanced sensors project team.
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