Bristol-based Airway Medical Ltd today announced that they have been awarded a nine-month £260,000 funded project; in collaboration with University of Portsmouth, via The Sustainable Innovation Fund from UK Government funding agency Innovate UK.
Innovate UK as part of UK Research and Innovation, is investing up to £191 million to fund both single and collaborative research and development projects via the Sustainable Innovation Fund over the next two years. The aim of these competitions is to help all sectors of the UK rebuild after the effects of COVID-19.
Currently the Sustainable Innovation Fund is funding 1,103 projects, 1069 UK businesses and totaling over £130 million in support across the UK.
Innovate UK Executive Chair Dr Ian Campbell said: “In these difficult times we have seen the best of British business innovation. The pandemic is not just a physical and mental health emergency but one that impacts society and the economy as a whole. Airway Medical Ltd. along with every other initiative Innovate UK has supported through this fund, is an important step forward in driving sustainable economic development. Each one is also helping to realize the ambitions of hard-working people.”
Airway Medical Ltd produces novel Suction & Oxygen Therapy equipment for clearing blocked airways in emergency and chronic conditions. They are recognized as an outstanding early stage innovation company and the Airway Medical Suction Unit (AMSU™) is currently international patent pending.
Simon Hall, Founder of Airway Medical said: “We are thrilled to have won the grant and be able to accelerate the development of our device. It has the potential to make current electric/battery technology obsolete.”