Scotland

MOD spend worth almost £2 billion a year to Scotland

New figures from last week have shown Ministry of Defence (MOD) expenditure with industry and commerce in Scotland in 2020/21 was £1.989 billion, equivalent of £360 per person in Scotland. For the whole UK, the figure was £20.5 billion, working out at an average of £310 per person. UK Government Minister for Scotland Iain Stewart […]

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Scottish cyber start-up Lupovis secures over £615,000 in pre-seed funding

Lupovis has secured a pre-seed investment of over £615,000 from a syndicate co-led by Techstart Ventures, investor of seed capital and Nauta Capital, a pan-European venture capital firm together with an investment by the University of Strathclyde itself. According to data on HubSpot the average pre-seed round for start-ups is just above £360,000, putting Lupovis significantly ahead of

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Royal Navy utilises AI for first time off coast of Scotland

Artificial Intelligence (AI) is being used by the Royal Navy for the first time off the coast of Scotland at sea as part of Exercise Formidable Shield. The AI applications (known as Startle and Sycoiea) are being used by Operational Experiment (OpEx) on the Type 45 Destroyer (HMS Dragon) and Type 23 Frigate (HMS Lancaster),

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