Oxford, UK. 14 November 2014 – Oxbotica Ltd (www.oxbotica.com) announced today that they have received a Smart funding award from Innovate UK, the UK’s innovation agency, of £250,000 for a project that will accelerate commercialisation of world-leading innovation from Oxford University’s Mobile Robotics Group.
Managed by Innovate UK, the Smart scheme offers funding to small and medium-sized enterprises (SMEs) to engage in R&D projects in the strategically important areas of science, engineering and technology, from which successful new products, processes and services could emerge.
Oxbotica is a new spin-out from Oxford University’s internationally acclaimed Mobile Robotics Group (mrg.robots.ox.ac.uk). The company specialises in developing products and solutions that add navigation and perception to robots, vehicles and autonomous systems, drawing on world leading research into autonomous robotics. Solutions allow robots, vehicles, machinery and people to precisely map, navigate and actively interact with their surroundings, delivering added functionality, capability and precision to a wide range of applications.
In this project Oxbotica will develop a production-feasible prototype of a low cost, infrastructure free (without GPS), 3D imaging device which uses patented laser and vision integration to rapidly scan an indoor or outdoor environment and translate this into information that can be deployed in survey, simulation or mobile autonomy applications.
Commenting on the grant, Dr Graeme Smith – Chief Executive of Oxbotica, said, “We plan to use Innovate UK Smart funding to help us develop a number of 3D imaging prototypes that can be tailored to fit navigation and localisation applications across multiple domains and market sectors. The funding will enable us to develop a common platform that we can tailor for different applications – enabling us to assess market demand in parallel across several very different domains.”
Co-founder Professor Ingmar Posner commented, “The know-how in this prototype is a cornerstone of Oxford’s RobotCar programme (www.robotcar.org.uk), and elements of the IP have also been licensed to ESA’s ExoMars programme. The device is based on over 100 person years of Oxford University research into combining machine vision and laser scanning to form 3D scene models.”
Co-founder Professor Paul Newman added, “I am delighted that Oxbotica has been selected to receive this award from Innovate UK. This additional investment will allow Oxbotica to accelerate commercialisation of innovation from Oxford’s Mobile Robotics Group and introduce it as disruptive technology across multiple market domains”.
About Innovate UK
Innovate UK is the new name for the Technology Strategy Board – the UK’s innovation agency. Taking a new idea to market is a challenge. Innovate UK funds, supports and connects innovative businesses through a unique mix of people and programmes to accelerate sustainable economic growth. For further information visit www.innovateuk.org
About Oxbotica Ltd
Oxbotica was founded in October 2014 in Oxford by Prof. Ingmar Posner and Prof. Paul Newman – leaders of Oxford University’s internationally acclaimed Mobile Robotics Group
For more information, please visit www.oxbotica.com