Matthew Hancock, Minister of State at the Department for Business, Innovation and Skills made his first visit to Portsmouth and announced £5m in financial support to help companies develop technology for unmanned boats and submarines.
Global demand for these products is increasing, with one estimate valuing the overall market at about £80b over the next 15 years. Government believes Portsmouth, with its skills base and marine strengths, is perfectly placed to become a hub for this growing sector. Matthew Hancock announced the funding during a visit to Autonomous Surface Vehicles,…
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