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Ilika receives 400,000 grant to help fund its “crusade toward net zero”

Cloud PR Wire
–News Direct– Ilika PLC (AIM:IKA, OTCQX:ILIKF) CEO Graeme Purdy speaks to Thomas Warner from Proactive after the innovative battery developer announced it will receive 400,000 of a 2.7 million grant from the Automotive Transformation Fund (ATF). The funding is part of a 16-month, 2.7 million collaboration programme that kicked off on 1 October. Ilika is collaborating with Mpac Group (LSE:MPAC) PLC and the UK Battery Industrialisation Centre (UKBIC) for this initiative. Purdy explains that the funding will be used to enhance the production of their large "Goliath" battery. In collaboration with Mpac, Ilika plans to establish an assembly line, increasing their manufacturing capacity from 0.5 to 1.5 Watt hours annually. This move aligns with their strategy to implement a ful...

Light Science Technologies Holdings working to expand into open agriculture and new markets

Cloud PR Wire
–News Direct– Light Science Technologies Holdings PLC (AIM:LST) (LSTH) CEO Simon Deacon speaks to Thomas Warner from Proactive about some recent developments at the agricultural technology company. Deacon explains that LSTH has been awarded a share of a 2.3 million grant for a project focusing on potato farming. Collaborating with institutions like Bangor University and James Hunt Institution, the initiative aims to adapt the company's existing sensors for nitric oxide sensing, crucial for understanding soil conditions. The sensors will monitor 24/7, providing valuable data on nutrient and fertiliser application, reducing wastage and environmental impact. Deacon portrays it as a lucrative opportunity to expand from controlled into open agriculture. Additionally, the company has a...

Automotive Data Management Market: 20% Growth, Size, Share, and Trends Analysis 2030

Cloud PR Wire
The worldwide automotive data management market is on a trajectory of remarkable growth, projected to exhibit a robust Compound Annual Growth Rate (CAGR) of 20% from 2023 to 2028. In 2022, the markets value already reached a significant milestone at $1.08 billion. This exponential growth is attributed to various factors shaping the automotive industrys data landscape. Driving Factors Adoption of Connected Vehicles Gains Momentum: The automotive industry is witnessing an uptick in the adoption of connected vehicles equipped with sensors that gather data on vehicle performance, surroundings, and driver behavior. These insights enhance vehicle safety, efficiency, and offer personalized services. Growing Need for Real-Time Data Analytics: Real-time data analytics is becoming indispensable in ...

Aviation Chemicals Market Soars to New Heights with Projected Growth of USD 10.7 Billion by 2033

Cloud PR Wire
The global aviation chemicals market reached a remarkable valuation of USD 5,739.9 million in 2022, marking a significant milestone in the industrys recovery from the challenges posed by the COVID-19 pandemic. Europe and North America dominated the market with a combined share of approximately 50 percent. A new report forecasts robust growth for the aviation chemicals market, with expectations to reach USD 6,112.3 million by 2023 and a staggering USD 10,741.4 million by 2033, at a compelling Compound Annual Growth Rate (CAGR) of 5.8 percent. Market Overview The aviation industry relies on specialized chemicals for aircraft manufacturing, maintenance, and repair, encompassing lubricants, paints, coatings, coolants, cleaning chemicals, adhesives, and sealants. Despite facing a significant d...

Eden Research raises 9.9mln and secures first commercial Ecovelex order

Cloud PR Wire
–News Direct– Eden Research PLC (AIM:EDEN, OTCQB:EDNSF) CEO Sean Smith speaks to Thomas Warner from Proactive following a busy period for the sustainable biopesticide company that has included the publication of interim results, the first commercial order for its seed treatment Ecovelex and a 9.9mln fundraise. Smith addresses the interims first, highlighting the company's steady progress despite challenging market conditions particularly in southern Europe. He goes on to discuss the company's new bird-repelling seed treatment, Ecovelex, developed in partnership with Corteva Agriscience, the world's largest agriscience pure play company. Ecovelex is awaiting regulatory clearance, with farmers in the UK and Italy petitioning for emergency approval due to the removal...

EQTEC management express optimism on longer-term future of share price

Cloud PR Wire
–News Direct– EQTEC PLC (AIM:EQT) CEO David Palumbo and COO Jeffrey Vander Linden speak to Thomas Warner from Proactive London about the recent downward trajectory of the clean technology company's share price. Palumbo starts by acknowledging the challenges, emphasising that the entire board and company employees, many of whom are shareholders, feel the impact personally. He highlights that the downturn isn't unique to EQTEC, with many in their sector facing similar challenges. He explains that the company initiated a strategy in September 2021 to transition from high-risk project development to a focus on technology, innovation, and licensing. However, the equity market's downturn in 2022 forced them to adapt quickly with limited capital. Vander Linden discusses ...

Digital Respiratory Devices Market Soars to $43 Billion in 2022, Set to Continue Rapid Growth at 28.5% CAGR

Cloud PR Wire
The global Digital Respiratory Devices Market has reached unprecedented heights, surging to a valuation of $43 billion in 2022, driven by a growing prevalence of chronic respiratory disorders, increased demand for connected healthcare solutions, and a surge in technological advances within the digital health sector. A comprehensive market overview reveals key trends, drivers, opportunities, and challenges shaping this burgeoning industry. Market Overview The exponential rise in chronic respiratory disorders, including chronic obstructive pulmonary disease (COPD), asthma, and sleep apnea, is a significant driver behind the markets remarkable growth. Factors such as air pollution, an aging population, and the widespread use of tobacco have contributed to this surge in respiratory disorders,...

Global Buffer Preparation Systems Market: Analyzing 10% Growth Trends and Forecasting the Future with US$ 3.44 Billion 2030

Cloud PR Wire
The global buffer preparation systems market, valued at an astonishing $3.44 billion in 2022, is poised for remarkable growth in the coming years, with an expected Compound Annual Growth Rate (CAGR) of approximately 10% until 2035. Paving the Way for Pharma Efficiency Buffers, the essential aqueous solutions that control pH in drug manufacturing processes, are playing an increasingly vital role in ensuring the stability of both biologics and small molecules. However, conventional buffer manufacturing methods have presented numerous challenges, including high production costs, extensive floor space requirements, the need for skilled labor, and inconsistent final product quality. Innovative Solutions Lead the Charge In response to these challenges, the pharmaceutical industry is embracing n...

Global Industrial Filtration Market Poised for Remarkable Growth, Reaching $152.05 Billion by 2031

Cloud PR Wire
The global industrial filtration market, valued at $98.13 billion in 2021, is set to experience robust growth over the next decade, driven by increasing demand for clean water and air post-pandemic and the introduction of global water purification treaties. With a projected Compound Annual Growth Rate (CAGR) of 4.4% from 2022 to 2031, the market is expected to reach an impressive valuation of $152.05 billion by 2031. Market Overview Filtration and separation technologies play a pivotal role in removing airborne and waterborne pollutants from industrial and residential settings. As concerns regarding respiratory health and the quality of manufactured goods continue to rise, filtration systems have become indispensable in various industries. Notably, niche markets such as biotechnology manu...

Adult Hemoglobinopathy Testing Market Set to Reach USD$ 2.3 Billion by 2030: A 2.4% CAGR Forecast

Cloud PR Wire
The global Adult Hemoglobinopathy Testing Market, valued at USD$ 2 billion in 2023, is projected to expand to USD$ 2.3 billion by 2030, representing a compound annual growth rate (CAGR) of 2.4% during the forecast period from 2023 to 2030. This growth trajectory is underpinned by various factors, including the ongoing COVID-19 pandemic and geopolitical events like the Russia-Ukraine conflict, which have shaped market dynamics. Market Overview: The Adult Hemoglobinopathy Testing Market is witnessing remarkable growth due to the surging prevalence of hemoglobin disorders and the growing demand for precise diagnostic solutions. Hemoglobinopathies encompass a group of genetic disorders characterized by abnormal hemoglobin production or structure, including conditions such as sickle cell disea...