Smart Nano NI lands £42.4m funding boost

A nanotechnology consortium to develop new technology for medical devices, communication and data storage has been awarded £42.4m by the UK Research and Innovation’s (UKRI) Strength in Places Fund.

Smart Nano NI is led by Seagate Technology in collaboration with North West Regional College, Analytics Engines, Causeway Sensors, Cirdan Imaging, Digital Catapult NI, Queen’s University Belfast, Ulster University and Yelo.

The funding award, which was made after a highly competitive, UK-wide process, will further consolidate the region’s position as a global leader for excellence in nanotechnologies, and provide a lasting economic impact.  

The UKRI investment will help the consortium scale up capacity in device manufacturing, and underpin and develop hundreds of jobs across the sector. The total project value, including leveraged funding from other sources, is £63.9m.

Smart Nano NI’s Dr Mark Gubbins said of the investment: “We can now advance Northern Ireland’s niche capability around smart nano manufacturing and world-leading knowledge in photonics to create a self-sustaining local industry. It allows us to capitalise on the combined expertise of our companies and the availability of trained researchers and resources across our academic institutions”.