StockMarketWire.com - Mercia Technologies said a consortium including its direct investment, Impression Technologies, has secured funding of £9.6m.

The project, known as RACEForm, includes £4.8m in grant funding through the Advanced Propulsion Centre.

Impression Technologies will receive a significant proportion of the grant to further develop and validate its HFQ technology, an advanced light-weighting approach for use in the global automotive industry, Mercia said.


At 9:12am: [LON:MERC] Mercia Technologies Plc share price was +1p at 35p



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