Dyson to spend £2.75bn on new technologies

Dyson to spend £2.75bn on new technologies

Business news |
By Nick Flaherty

Dyson is built around digital motor designs and battery technology, and it is investing in research into robotics, machine learning, connectivity, and material science. A key focus of the £2.75bn (€3bn) will be the commercialisation of Dyson’s proprietary solid state battery technology which is under development in the US, UK, Japan and Singapore.

This solid state battery technology was at the heart of the electric car project that was abandoned in 2019. Back in 2017, the company announced a £2bn (€2.2bn) investment in the electric car technology, and the year before announced a £1bn investment.

“We continue the expansion of our operations in Singapore, UK and South East Asia, as a vital step of our future development,” said Roland Krueger, CEO of Dyson, which is moving its headquarters to Singapore.

“Now is the time to invest in new technologies such as energy storage, robotics and software which will drive performance and sustainability in our products for the benefit of Dyson’s customers. We will expand our existing product categories, as well as enter entirely new fields for Dyson over the next five years. This will start a new chapter in Dyson’s development.”

Dyson will create a new dedicated software hub in Alabang, Philippines. This builds on Dyson’s existing Philippines Advanced Manufacturing (PAM) facility in Calamba, which manufactures 13 million Dyson digital motors each year, employing 600 people. The new software lab reflects Dyson’s deepening global investments in software and will accelerate the development of new Dyson machines that perform better and solve problems intelligently.

The company’s global Head Office complex in the historic St James Power Station in Singapore will include research labs for machine learning and robotics. Dyson will also establish a new University research programme in Singapore to drive product development, building on its existing global programmes. Dyson is also planning for a new advanced manufacturing hub in Singapore bringing together its various facilities and driving technical innovation in this field.

It is also expanding robotics research and AI on its Hullavington Airfield Campus. With the original campus at Malmesbury, there are 4,000 staff working on products for sustainable healthy indoor environments and wellbeing.

Three years ago the company started a university engineering course with the degree awarded by the University of Warwick. Last month The Dyson Institute of Engineering and Technology became the first education provider to be given New Degree Awarding Powers after an investment of £31.5m.

The Undergraduate Engineers pay zero tuition fees and earn a full salary working on real-life projects alongside world-experts in Dyson’s global engineering, research and technology teams on Dyson’s UK Campus.

Dyson has 22 ongoing University research programmes including long-standing projects with Kings College London, The University of Oxford, Imperial College London where it has a dedicated robotics lab, Cambridge, Exeter, and Newcastle where it has 5 PhDs. In addition it has added nine additional new programmes including programmes of work in Singapore.

Related Dyson articles 

Other articles on eeNews Europe 

If you enjoyed this article, you will like the following ones: don't miss them by subscribing to :    eeNews on Google News


Linked Articles