Ten new start-ups have secured a place on the Oil & Gas Technology Centre (OGTC) TechX Pioneer Accelerator Programme. The intake includes companies developing autonomous underwater swarm robots and micro-polymers designed to reinstate well integrity, among other innovations aimed at maximising economic recovery and supporting the energy transition.
Each company will receive up to £100,000 to develop their business and technology as part of an intensive 16-week accelerator programme that includes expert mentors, development partners and deep access to the industry. After graduating, Pioneers then have the opportunity to join a 12-month incubator called TechX+, with two companies awarded an additional share in £130,000 funding from strategic partner BP. Read more…