UK Chancellor Philip Hammond announced that Catapult will receive £51 million of grant funding from the UK’s £780m investment in the Catapult network as part the government’s industrial strategy. The Compound Semiconductor Applications Catapult is a Not-for-Profit organization headquartered in South Wales, whose mission is to accelerate the adoption of compound semiconductors and bring compound semiconductor applications to life.
The latest grant award adds to the £180m that the Prime Minister reported last month for centres in the North East, bringing the total additional funding to nearly £1 billion. The Catapult, which already employs 23 people, is set to create around 100 new jobs internally. By 2023 the research organization intends to help create 1,000 new high-tech jobs within the businesses it supports around the UK.
The Catapult Innovation Centre will house laboratories, test facilities and a design studio. These testing and design capabilities will be supported with modeling and simulation tools.
Secretary of State for Wales Alun Cairns stated, “This investment in the Compound Semiconductor Applications Catapult cements Wales’ reputation as a leader in advanced electronics. Bringing together academics and businesses to develop new technologies will support areas of our daily lives from the next generation 5G mobile network to improving scanning at airport security.”
Compound Semiconductor Applications Catapult CEO, Stephen Doran commented, “With immediate effect, this grant funding will allow the Catapult to create a critical mass of industry-leading expertise at the heart of the world’s first compound semiconductor cluster in South Wales. ”
The Compound Semiconductor Applications Catapult outlined its strategy with the publication of its brochure, Launching the Compound Semiconductor Applications Catapult. The brochure was created through input from over 150 companies within the sector. The brochure is available for download here.