The significant achievements of Compound Semiconductor Applications (CSA) Catapult in the financial year 2022–23 have been outlined in its annual report, published today.
The report highlights progress in the Catapult’s two focus areas — Net Zero and Future Telecoms — and describes how it has helped industry bring next generation compound semiconductor technologies to market.
A significant milestone for the Catapult was regional expansion to support clusters of compound semiconductor excellence across the country.
With the support of Innovate UK, CSA Catapult opened a Future Telecoms Hub in Bristol and offices in the North East of England and Scotland.
The report also highlights the significant impact the Catapult had on SMEs in the financial year.
New data shows that, on average, since engaging with the Catapult, companies leveraged annual private investment of £85m and secured £26.5m of annual public sector investment.
This was compared to a counterfactual group who, on average, raised £46m annually from the private sector and relied on £10m of public sector investments.
