Wallsend-based supplier of hazardous area products and services Barrier Ex has secured a £700,000 grant to develop a new floodlight that can transmit wireless networking signals.
The Innovate UK Smart Grants funding will support Barrier Ex’s 26-month research and development project on the unit, which is designed to improve the efficiency of equipment asset monitoring and control in hazardous locations.
Barrier Ex, which is a member of energy sector business development organisation NOF, will create up to 50 new jobs over the next five years with the project, which is due to begin in early 2020.
“In collaboration with our business partners PureLifi, Digital Catapult and Safecility UK we are delighted to have been awarded a full grant from Innovate UK for the Hazardous Area wireless network project,” said Steven Lee, managing director.
“Our technical director Tony Oram, with the excellent support of North Tyneside Council, has submitted a first class bid and secured funding that will create new jobs and continue to support the development of genuine world leading innovations in North Tyneside.
The project is expected to generate sales of more than £50m over the first five years after the product is brought to market.
Originally published in InsiderMedia