Frontier IP Group - Portfolio news – Fieldwork SIF grant
Frontier IP Group Plc
("Frontier IP" or the "Group")
Portfolio news - Innovate
Frontier IP, a specialist in commercialising intellectual property, today announces that Innovate
The grant, which has been supplemented by a further
Fieldwork will use the funding to create a digital simulator of its robotics technology. Among other advantages, the simulator will allow engineers to work remotely during lockdowns and optimise internal processes to reduce prototyping costs. An alpha prototype for manufacturability of its raspberry-harvesting robot is expected for trials in spring next year.
The move marks a deepening in Fieldwork's relationship with industry partner Bosch, which will be supporting the Company on the simulator development.
The Sustainable Innovation Fund grant follows the award of an
In addition, Fieldwork announced it had won a
The Company has made strong progress during 2020:
· October: completed a third set of field trials of the raspberry harvesting robot with a leading soft fruit grower
· September: announced a three-year project in partnership with Bonduelle, one of the world's leading vegetable producers to develop a cauliflower-harvesting version of the technology
· July: announced a collaboration with Robert Bosch Limited to optimise the robot's arms and software to reduce cost and increase speed.
· January: raised
The Company is also progressing in developing further applications of the technology for agriculture.
The Sustainable Innovation Fund is funding 1,103 projects, 1,189
"Fieldwork Robotics along with every initiative Innovate
Frontier IP Group Plc
T: 020 7332 2338
Neil Crabb, Chief Executive
Andrew Johnson, Communications & Investor Relations
Company website: www.frontierip.co.uk
M: 07464 546 025
Allenby Capital Limited (Nominated Adviser)
T: 0203 328 5656
Nick Athanas / James Hornigold
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ABout frontier IP
Frontier IP unites science and commerce by identifying strong intellectual property and accelerating its development through a range of commercialisation services. A critical part of the Group's work is involving relevant industry partners at an early stage of development to ensure technology meets real world demands and needs.
The Group looks to build and grow a portfolio of equity stakes and licence income by taking an active involvement in spin-out companies, including support for fund raising and collaboration with relevant industry partners at an early stage of development.
Frontier IP is the commercialisation partner for the University of Plymouth.
ABOUT THE UNIVERSITY OF PLYMOUTH
The University of Plymouth is renowned for high quality, internationally-leading education, research and innovation.
With a mission to Advance Knowledge and Transform Lives, Plymouth is a *top 50 research university with clusters of world class research across a wide range of disciplines including marine science and engineering, medicine, cybersecurity and psychology. A three-time winner of the Queen's Anniversary Prize for Higher and Further Education, most recently in 2020 in respect of its pioneering research on microplastics pollution in the oceans and its impact on the environment and changing behaviour, the University continues to grow in stature and reputation.
It has a strong track record for teaching and learning excellence, and has one of the highest numbers of National Teaching Fellows of any UK university. With over 19,000 students, and a further 9,500 studying for a Plymouth degree at partner institutions in the UK and around the world, and over 135,000 alumni pursuing their chosen careers globally, it has a growing global presence.
* Research Fortnight Research Power League Table 2014.
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