Posts in tag

spinout


A Newcastle University spin-out has received ‘significant’ funding from a Government accelerator fund to develop its key technology. Atelerix, which is based on the Helix science park in Newcastle with a second site in Cambridge, has received funding from Innovate UK’s UK Innovation and Science Seed Fund for its BloodReady project, which aims to develop …

A fledgling oilfield equipment company has secured funding to help it develop blowout prevention technology which could save operators millions of pounds per well — and prevent loss of life. Safe Influx, of Aberdeen, also believes its automated well control (AWC) technology will turn it into a multi-million-pound business and create employment opportunities for the …