Sprint Power secures £2.4 million Innovate UK Grant

Sprint Power, a new British technology company specialising in the innovation of electric propulsion, has been awarded £2.4 million from the UK government to develop wireless charging platforms for electric vehicles.

As part of a successful consortium awarded a total of £4.6million, Sprint Power will be charged with demonstrating the suitability of wireless charging technology in light commercial vehicles. The company will develop technology and data to allow wireless charging to be rolled out to the masses across UK businesses, towns and cities.

“We are in the midst of an electric revolution, with many businesses, councils and individuals looking to make the transition to alternative fuelled vehicles” said Founder and CEO of Sprint Power, Richie Frost. “Our view is that wireless charging will significantly contribute to the infrastructure required to support mass uptake of electric vehicles. This project will work through the technical and commercial challenges, creating a framework to demonstrate the viability of wireless charging as a true long-term solution to a wireless future”.

Funding for the wireless charging project has been awarded by Innovate UK, a non-departmental public body funded by the UK government designed to drive research and development into new technologies.

Sprint Power specialises in the innovation of electric propulsion and offers strategic and technical services to partners. Based in a brand-new dedicated facility in the Midlands, its team of highly skilled and experienced engineers help manufacturers develop vehicles that comply with stricter emissions regulations around the world. Its capabilities include alternative powertrains development, vehicle integration, power electronics, motor and inverter development, manufacture and management.

Source: https://www.renewableenergymagazine.com/electric_hybrid_vehicles/electric-vehicle-specialist-secures-2-4-million-20190711

Manoj Ranaweera

Manoj has founded, failed and successfully exited from a number of technology product companies as well as support organisations since 2004. Among them, Northern Tech Awards and edocr.com were acquired by GP Bullhound and Accusoft, Inc respectively. Today, Manoj is building a trusted support network for technology companies. He is working with founding teams to help them accelerate including raising investment and M&A.