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IN BRIEF: Frontier IP's Fieldwork Robotics Granted GBP145,000 Grant

Mon, 16th Nov 2020 21:16

Frontier IP Group PLC - intellectual property commercialisation firm - Portfolio firm Fieldwork Robotics granted GBP145,000 grant from Innovate UK's Sustainable Innovation Fund.

Funds will allow Fieldwork Robotics to accelerate the development of its current robot, namely by creating a digital simulator that will allow engineers to work remotely during lockdowns and reduce prototyping costs.

Frontier IP holds a 27% stake in Fieldwork Robotics.

Current stock price: 68.30 pence

Year-to-date change: up 3.5%

By Dayo Laniyan; dayolaniyan@alliancenews.com

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