The HVM Catapult Annual Review highlights how WMG is delivering real impact for the UK economy
HVM Catapult has, today, published it's 2019/2020 Annual Review.
Archie MacPherson, CEO, WMG Centre High Value Manufacturing Catapult commented: “The High Value Manufacturing Catapult Annual Review 2019/20 highlights how WMG and the other six centres are delivering real impact for the UK economy – contributing to £518m of industry R&D investment.
"This past year has seen many opportunities arise, for instance, the increasing emphasis on green manufacturing and journey to Net Zero transport. A leader in electrification for all sectors, WMG worked closely with industry innovators to accelerate this journey, including a collaboration with Nissan to develop a process for recycling and reusing EV batteries.
"As well as these exciting prospects, we have also seen many challenges this year, including the seismic effects of the COVID-19 pandemic. This Annual Review is a testament to our manufacturing sector, and highlights several outstanding examples that WMG are proud to have supported, from helping a firm develop life-saving ventilator products, to aiding the production and distribution of PPE to the frontline.
"As we look ahead, there are bound to be more difficulties to come as we begin on the road to recovery, but this Review demonstrates the invaluable role of the HVM Catapult, to help us emerge stronger. We remain committed to helping to restart our manufacturing economy, support the opportunity to enable business to reposition and transform with the opportunities for a more digital, decarbonised and sustainable future.”
Download a copy of the Annual Review here.