Manufacturing catapult sees income boost despite pandemic

Revenue grows by 5 per cent for network of manufacturing research centres

The High Value Manufacturing Catapult has increased its income by 5 per cent over the past year, despite disruption caused by the pandemic, new figures show.

The group of UK manufacturing research centres, which forms part of the Catapult Network, provides companies with the facilities and expertise to scale up high-value manufacturing technologies. According to its annual report, it saw its revenues grow from £209 million in 2019-20 to £219m in 2020-21.