London tech company receives £50k grant for post-lockdown innovation
A London technology company has announced that it has been awarded a £50k grant to help innovation following the pandemic.
Corridor Technology, which is owned by machine learning platform Maestrano Group, was granted the funding by Innovate UK for “business-led innovation in response to global disruption”.
The Corridor project which earned the grant is titled “machine learning to enable remote infrastructure inspection tools using new and existing imagery”.
It will entail the development of a fully standardised imagery and video data review system to allow asset inspectors in road, rail and energy corridors to review remote condition monitoring data (RCM), output from Corridor’s Machine Learning systems.
Nick Smith, vice president sales for Maestrano, commented: “This project will result in a new web-based review system which will simplify the presentation of results from our existing Machine Learning platform, enabling inspectors to do their work from any web-connected device and improve the accuracy and capacity of asset inspections.”
Andrew Pearson, CEO of Maestrano, added: “Coming on the heels of our Network Rail/SBRI win, this project will further accelerate our product development for the UK and global rail network asset management industry.
“Although smaller in value, this grant will nevertheless result in a new and important capability for our platform.”
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