DG Innovate appoints former UK Defence Secretary Sir Michael Fallon as Non-Executive Director

DG Innovate plc (LSE: DGI), the advanced research and development company developing pioneering solutions in sustainable mobility and energy storage, has announced the appointment of Rt Hon Sir Michael Fallon KCB as an independent Non-Executive director of the Company with immediate effect.

Sir Michael is a former British Member of Parliament and Minister, with 30 years of senior political and business experience, serving in four British Cabinets, and as a Non-Executive Director on a number of private and public company boards. First elected to Parliament in 1983, he served as Schools Minister, Minister of State for Business, Energy Minister, and Defence Secretary.  As Minister of State for Business Sir Michael had responsibility for the automotive, aerospace, chemical and steel industries.  As Minister of State for Energy he had responsibility for the nuclear, oil, gas, electricity and renewables industries.  As Defence Secretary, Sir Michael had overall responsibility for the armed forces and a £35 billion annual budget.  He led the Strategic Defence and Security Review of 2015 and represented the UK at various NATO summits.  He stepped down as an MP ahead of the 2019 general election.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Path Investments

More articles like this

Path Investments

DG Innovate to raise £500,000 to support EVage JV

DG Innovate plc (LON:DGI), the advanced research and development company developing pioneering solutions in sustainable mobility and energy storage, has announced its intention to conduct a conditional fundraising to raise gross proceeds of approximately £500,000 by means of

Path Investments

Sodium batteries offer a promising future

Sodium-ion batteries have been in development for years, positioning themselves as an alternative to lithium-based batteries. Sodium is widely available, easily extractable, and ideal for industrial applications due to its abundant presence on Earth. It also

Path Investments

A new breakthrough in Sodium-Ion battery design

A recent advancement may hold the key to overcoming a persistent problem in sodium-ion battery design. Researchers have discovered that slowing down the heating rate during the manufacturing process can prevent the development of microcracks in

Path Investments

A promising alternative for future energy solutions

Growing interest in sodium-ion battery technology is fuelled by the increasing global demand for new energy solutions. Compared to lithium-ion batteries, sodium-ion batteries hold strong competitive advantages in terms of resource availability, cost, safety, and cycle

Path Investments

Sodium-ion batteries as a cheaper and safer energy solution

Sodium-ion batteries are gaining attention as a more affordable and safer option compared to lithium-ion batteries. These batteries utilise materials that are more abundant and cost-effective, such as sodium and aluminium, which can lower production costs

Path Investments

Sodium batteries as the future of affordable energy storage

Efficient energy storage plays a crucial role in the ongoing energy transition. As decarbonisation efforts accelerate, manufacturers are increasingly exploring alternatives to traditional lithium batteries, with sodium batteries emerging as a cost-effective solution. This technology paves

Path Investments

Sodium-Ion Batteries: A key player in the future of energy storage

The growing environmental consciousness among consumers, coupled with the soaring costs of fossil fuels, has positioned batteries as a viable alternative to traditional energy sources in recent years. Lithium-ion batteries have led the way, becoming central

Path Investments

DG Innovate to raise up to £850,000 via Fundraise and Retail Offer

DG Innovate plc (LON: DGI), the advanced research and development company developing pioneering solutions in sustainable mobility and energy storage, has announced a proposed Fundraising, comprising a Placing, a Retail Offer and, potentially a Directors’ Intended Subscription,