Artemis Racing's green plans for Belfast
A bid led by Artemis Technologies has received funding from a major research and innovation programme that could see its plans to decarbonise maritime transportation bolstered.
The project, named ‘Decarbonisation of Maritime Transportation - a Return to Commercial Sailing’, was launched in Belfast last October. It is the only bid from Northern Ireland to be selected for the next stage of the UK Research and Innovation’s (UKRI) Strength in Places Fund which will see successful projects awarded between £10m and £50m in 2020.
The firm’s chief executive, double Olympic gold medalist Iain Percy OBE, said that the early-stage funding, worth up to £50,000, was a major endorsement of the company's plans. "Belfast is already home to some of the most advanced aerospace and composite engineering talent available anywhere on the planet and we want to harness that potential by combining it with the city's rich maritime history and our own expertise in high-speed yacht design," he said.
Artemis Technologies is a spin-off from America’s Cup team Artemis Racing and the consortium behind its bid aims to prototype a new class of vessels and sub-systems, including a wind/electric hybrid, named the Autonomous Sailing Vessel.
The next stage of the process sees team submitting their bids to UKRI in late 2019. The Strength in Places Fund is a cross-council UKRI programme in partnership with the higher education funding bodies of Wales, Scotland and Northern Ireland and the Office for Students.
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