Significant funds awarded to UFR-IMDEX collaborative project
Universal Field Robots is proud to announce that, along with our industry partner and IMDEX, we have been awarded significant funding from METS Ignited for our collaborative underground mining automated robotic project.
The METS Ignited Tranche 4 Collaborative Project Funds combined investment of over $6 million dollars from METS Ignited and Industry partners has been awarded to three additional projects lead by AMOG, Gekko Systems, and Polymathian.
The success of these four projects with over 17 industry partners in total is projected to deliver almost two hundred new roles, and generate a combined revenue contribution of over $100 million for the sector.
These projects recognise Australia’s world-class technological capability in areas of national competitive advantage. Australia’s mining equipment, technology services (METS) sector is already playing a key role in adding value beyond just resource extraction.
Universal Field Robots is already successfully delivering a product with IMDEX for sensing in open pit mines, and we are now taking the product underground with our industry partner. Our collaborative project will widen this out to make it more of a zero entry application, which will provide much better safety and business continuity outcomes.
Jeff Sterling, Managing Director at Universal Field Robots, said that robotics is an exciting, emerging field, with a lot of opportunity for it to build.
“We want to have a world-class scale business based in Australia that will provide a tremendous amount of employment and high tech opportunities for other businesses.”
The Universal Field Robots team is looking forward to sharing updates on our progress as soon as possible. Watch this space.
About METS Ignited Tranche 4 Collaborative Project Funds
METS Ignited’s role as an Industry Growth Centre is to lead collaboration between Australian METS companies, global suppliers, mine operators, research organisations and capital providers to support the improved productivity, competitiveness and innovative capacity of the Australia’s world-leading METS sector.
The fourth round of the METS Ignited Collaborative Project Funds focused on the application of Analytics, Automation and Robotics in the mining industry. The selected projects have originated in our local market, are industry-led, and are projected to deliver a high degree of global impact potential and substantial benefits to the METS sector.
