ABERDEEN’S ITI Energy has announced that two of its major research and developement programmes – Orangutan and Helipipe – are making good progress.
The intermediary technology institute said yesterday they were both on course to be commercialised, creating significant business opportunities for Scotland.
When they reach the commercialisation stage, both projects will be targeting multimillion pound market opportunities.
They will also be following the same path as technology developed by Dundee-based Axeon Holdings, whose battery management systems are being installed in commercial vehicles in the UK and overseas following development support from ITI Energy.
The Orangutan and Helipipe projects are focused on generating major technology breakthroughs in key energy and energy-related markets.
They were both showcased at a private briefing for Scottish Enterprise, Energy and Tourism Minister Jim Mather last week.
ITI Energy managing director Duncan Botting said: “We are very pleased at the progress being made in both of these exciting areas of research.
“Both Orangutan and Helipipe have the potential to create major business and economic value for Scotland. We are now focusing on moving the programmes forward as quickly as possible.”