The Centre for Process Innovation (CPI), a UK-based technology innovation centre, announced the start of a new project to address the manufacturing challenges and exploit the commercial opportunities offered to industry by the ‘internet of things’ (IoT), a market predicted to be worth an estimated $253bn by 2021. The European Regional Development Fund has announced £2.6 million of funding for CPI to establish and run a new national technology centre in County Durham.
SmartKem Ltd., a leading provider of organic semiconductors for flexible OLED displays, has presented a new CFO to support the realisation of its global growth ambitions. Steve Dunn-Massey joined the UK-based business, which has offices in North Wales and Manchester, back in November. Dunn-Massey has worked in several roles as group finance director at technology-led global businesses over the past 25 years and joins a leadership team with high experience and skills in the electronic display market.
The construction work for the new company headquarters of Novaled GmbH are about to start in the north of Dresden, Germany, with the symbolic first groundbreaking. In the next few months, an old mill, a listed monument, will be renovated and converted into a prestigious office building on the 10 200m² site.
