A project from Oxfordshire-based AMTE Power has been named as one of three projects from UK small and medium sized enterprise (SME) battery developers, which will share around £1 million of funding.
The funds were awarded via the UK Research and Innovation (UKRI) funded Faraday Battery Challenge (FBC) – a £541 million investment programme which supports technology development and manufacturing scale-up capability for batteries in the UK.
The three project winners were AMTE Power, Addionics and Nyobolt and were announced at the Battery Cells and Systems Expo, at the National Exhibition Centre (NEC) in Birmingham.
AMTE Power plc (LON:AMTE) is a recognised brand in the production of high-quality lithium-ion batteries across a range of markets including automotive, aerospace, defence, oil & gas and energy storage. They have been been producing cells for over 30 years at their factory in Scotland, which can trace its roots back to the birth of lithium-ion battery cell technology, first patented in the UK.