Smartkem Receives £900,000 Grant from Innovate UK for Advanced MicroLED Displays
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Smartkem (Nasdaq: SMTK) has received a £900,000 grant from Innovate UK for a project with AUO to develop rollable, transparent microLED displays. The project, part of the UK-Taiwan Collaborative R&D Initiative, will start on January 1, 2025.
December 18, 2024 | 1:45 pm
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Smartkem has received a significant grant from Innovate UK for a project with AUO to develop advanced microLED displays, starting in 2025.
The grant from Innovate UK provides financial support and validation for Smartkem's project, potentially boosting investor confidence and stock price. The partnership with AUO and focus on innovative microLED technology could enhance Smartkem's market position.
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