A Belfast Maritime Consortium led by Artemis Technologies has won a £33 million UK Government innovation grant to develop zero emissions ferries in the city, that will revolutionise the future of maritime transport, the company said in its release. With further investment from consortium partners, the total project investment will reach close to £60m over the next four years, creating an initial 125 research and development jobs, and leading to more than 1,000 in the region over the next 10 years.
The 13 partner syndicate - which is a mix of established and young companies, including Belfast Harbour and Bombardier, academia and local public bodies - is the only Northern Irish or maritime recipient of the UK Research and Innovation flagship Strength in Places Fund.
A spin-off from the America’s Cup sailing team, Artemis Racing, Artemis Technologies is led by double Olympic gold medallist Iain Percy OBE.