The last week of June 2018 was a big success for Lancaster and it’s tech companies which saw over £4.5million of investment in total cementing the area as a tech powerhouse of the north west of England.
Milliamp Technologies, as part of a business partnership with Miralis Data Limited has been part of this success story securing a six figure sum as part of the InnovateUK Faraday Battery Challenge, with other winners including nearby Lancaster University spin-out Lina Energy specializing in sodium battery technology.
The joint project between Milliamp and Miralis seeks to develop an innovative health module that integrates with electric vehicle chargers and uses smart algorithm technology to help prolong electric vehicle battery life.
“These investments reflect the strength of Lancaster’s rapidly growing tech sector,” said Digital Lancashire chair Michael Gibson.
“With a world-class University, lots of spin-out companies, easy access to London and the UK’s major cities and a great place to live and work, Lancaster is emerging as a leading innovation centre of national and international importance.”
Read more over at BusinessCloud here.