The Robotics Sector
As robotic technology is adopted for an ever-growing number of tasks across an increasing number of industries, the improved capabilities of robotics and artificial intelligence is driving a global market set to see its value grow from £42bn to £170bn by 2022.
The interest in robotics as a result of a new wave of technological development that has seen precision machines replace their large and often difficult to maintain predecessors. The incorporation of voice and language recognition, super-fast communication, advanced algorithms etc. is leading to the creation of robotic technology with far-reaching benefits. Sir James Dyson has even committed to investing $2.5bn, as part of his campus, for research into this new era of robotics and AI.
Grant funding for this sector is typically focused on addressing specific challenges, such as deep mining, nuclear energy, space and off-shore energy, but with opportunities still available for less extreme applications, including domestic and manufacturing settings. The bottom line being the UK government wants to invest in the rapidly evolving sector of robotics.
Grant Funding Priorities
UK and EU grant funders are interested to support projects innovating in 1) Robotics systems – machines (or cyber-physical systems) that are capable of carrying out actions or tasks (usually dull, dirty or dangerous) on behalf of humans, and 2) Autonomous systems – systems that are capable of achieving goals or objectives by conforming to a set of rules or laws. These laws define or constrain their behaviour, without explicit execution rules. This means they have “decisional” autonomy and demonstrate emergent behaviour employing AI technologies. They may be either digital or cyber-physical.
Working with Granted
At Granted we have worked with leading robotics experts, including Sigma Technical, a UK start-up developing advanced robotics solutions for research, measurement & improvement of human performance.
Whether you are a start-up or a large company, Granted have a long history of writing grant applications for innovative organisations. Our dedication to supporting exciting businesses in unlocking their goals, means we strive to stay up to date with the latest developments across a number of industries and apply this knowledge with our expertise in crafting compelling funding applications.
If you have an innovative business in this sector and want to explore the potential for grant funding, we would like to support you in unlocking your goals.
To understand how we work, please see our services page.