Nottingham AI Company Awarded £619,000 for Software Cutting Steel Sector Costs and Carbon Emissions

Nottingham AI company awarded £619,000 for software cutting steel sector costs and carbon emissions

MatAlytics, a Nottingham-based AI company, has been awarded £619,000 in grant funding from Innovate UK. Born out of a PhD research programme at the University of Nottingham in 2010, MatAlytics will use the new funding to support the deployment of its CITRUS software within the steel manufacturing sector, with the aim of reducing costs and […]

MatAlytics secures Innovate UK grant to bring physics AI to the steel sector

Midlands-based MatAlytics, a provider of structural physics AI for critical industrial assets, has been awarded £619k in grant funding from Innovate UK.  To secure the funding, MatAlytics had to nominate and demonstrate a highly scalable Proof of Concept (PoC) stage AI technology that aligns with the UK’s strategic need for AI sovereignty.  The startup successfully […] The post MatAlytics secures Innovate UK grant to bring physics AI to the stee…

MatAlytics wins GBP £619,000 UK grant for steel AI

The award could help steelmakers cut fuel use and emissions by replacing hours-long simulations with near real-time software decisions.