£11.5M support for UK semiconductor scale-ups
The UK's science Minister Lord Patrick Vallance has announced 16 semiconductor projects that will win a share of a £11.5 million pot – provided by Innovate UK – that will help drive innovation, as he opened an industry conference of G7 nations on the 26 September 2024.
Among the funded projects, receiving a share of £11.5 million, is Vector Photonics in collaboration with the University of Glasgow, which aims to enhance the power and cost-effectiveness of blue light lasers in everyday technology by using GaN. Blue lasers are key in devices like medical equipment, quantum displays and car headlights.
Another project, led by Quantum Advanced Solutions with the University of Cambridge, is developing advanced shortwave infrared (SWIR) sensors which improve vision in critical sectors like defence, by supporting surveillance in challenging conditions in low-visibility environments, such as during adverse weather conditions or atmospheric disturbances.
The project looks to simplify production using innovative quantum dot materials offering higher sensitivity and performance, cutting costs and making this advanced technology more accessible to multiple sectors including manufacturing and healthcare.
The announcement coincides with a new report by Perspective Economics that reveals the UK semiconductor sector, which includes over 200 companies in research, design, and manufacturing, is valued at almost £10 billion, and accounts for 2 percent share of global semiconductor revenues. The report predicts the sector could grow up to £17 billion by 2030.
