Pi and Lancaster University Collaborate on New Sensor Innovation
In 2013 Lancaster University was awarded £600,000 by the EPSRC (Engineering and Physical Sciences Research Council) to support collaboration between researchers and small and medium enterprises to research and develop novel ideas and commercial propositions. Pi was allocated part of this funding through the Lancaster Impact Acceleration Account (IAA).
Mike Riding, Managing Director of Process Instruments (Pi) said of the collaboration, "We chose to work with Lancaster's Chemistry Department because we know Professor Fielden and we are excited about the team he is putting together, coupled with Lancaster's proven and on-going commitment to working with SMEs it was an easy choice to make. The collaboration will benefit our business by resulting in a world beating sensor that we can couple with our existing electronics to grow the business to the next stage."
The funding is for work on a secret new sensor development that is so promising that Pi and the Chemistry Department of Lancaster University have applied for a Technology Strategy Board funded Knowledge Transfer Partnership in order to realise the potential of the new sensor.
Dr Mark Rushforth, Head of Business Partnerships and Enterprise for Physical Sciences at Lancaster University commented, "This is exactly what the IAA is meant for, allowing academics and industry to collaborate and develop commercial products."