Tag: Investment
New investment supports second FlexLogIC fab to meet soaring demand for flexible chips PragmatIC Semiconductor, a world leader in flexible electronics, is proud to announce that it has secured $80 million of Series C funding. This scale-up investment will be used to build a second FlexLogIC® fab in the North East of England, to meet the […]
Recognising the importance of the North East region as a burgeoning centre of battery research, innovation, skills and production, the Faraday Institution today opened a regional office in the city of Newcastle. Known as Faraday Institution North East (FINE), the office will be based in Newcastle University and led by Professor Colin Herron CBE and […]
Space health experts at Northumbria University are leading research into how astronauts’ bodies decondition while living and working on the International Space Station (ISS). Orbiting the Earth at an average altitude of 250 miles, astronauts on board the ISS experience significant deconditioning of their bodies due to the reduced gravity environment. Their muscles become smaller […]
North East England has welcomed another international company to the area, adding to the region’s reputation as one of the UK’s leading northshoring destinations. Global online food delivery company Just Eat recently announced it is creating 1,500 new customer service jobs in Sunderland, and it joins a long list of International companies who have already […]
The Satellite Applications Catapult has opened one of its six brand new Space Enterprise Labs (SEL) in County Durham today. The Space Enterprise Lab, which will provide users with access to the latest collaborative technology, resources and expertise, has opened at the North East Satellite Applications Centre of Excellence at NETPark in Sedgefield. The Space […]
The Port of Tyne now operates a Net Zero Port Centric Warehouse, run entirely using clean energy from renewable sources. Warehouse 21 is used by a wide range of the Port’s 3PL customers, including many household brand names. All internal materials handling within the warehouse is conducted using electric vehicles powered through renewable sources and […]
A Government minister has visited NET Park (The North East Technology Park) as it looks set to expand through a £50million investment. George Freeman MP, Minister for Science, Research and Innovation at the Department for Business, Energy and Industrial Strategy, was at NETPark in Sedgefield today. The business park will be extended with a new […]
The North East’s global trade, inward investment and export potential has been showcased as part of an international delegation that welcomed Pakistan’s Consulate General, H E Tariq Wazir, to the region. Along with Commercial Secretary, Muhammad Akhtar, from the Pakistan High Commission, Mr Wazir toured key commercial development sites including AirView Park with business leaders […]