PalLight - Development and Commercialisation of Disruptive Air Cargo Pallet

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FAC Technology has designed a new lightweight composite sandwich panel for aerospace cargo pallets. The base panel component is around 50% lighter than conventional 7000 series, aerospace aluminium, sheets. This project has three outcomes:a) To commercialise a disruptive material technology which has been developed entirely in the UK. This project will transform a small London based R&D business into a profitable international company.b) To expand the UK's composite materials supply chain to enter a new market. The UK currently has no manufacturing presence in the air cargo container and pallet marketc) To provide a technology that will help the UK's climate pledge of reducing net carbon emissions to zero by 2050FACT have already developed a composite sandwich panel for the base sheet of an air cargo container. It has been aerospace certified and licensed to the world-leading manufacturer of air cargo products. The company would now like to use the knowledge and experience learnt from its first product to develop a second product, exclusively marketed under FACT instead of licensing the intellectual property to a foreign partner. This loan will enable this to happen.