Sprint Electric: Sprint wins Innovate UK funding to expand its AC regen range

Sprint Electric, the UK drives developer, has won funding worth around £300,000 from Innovate UK to support the development of larger versions of its "groundbreaking" Generis AC regenerative drive. The first 22kW models are now ready to go on sale and the new funding - from the fifth round of Innovate UK's Investor Partnerships programme which backs SMEs - will support the development of the Generis range up to 250kW. Sprint Electric was one of 28 successful applicants for funding from 89 applications.