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LUX Innovate LTD Receives SMART Grant for Development of Novel Detection Method


We are proud to announce LUX Innovate Ltd. has been awarded a SMART grant from Scottish Enterprise to investigate a novel detection method for chemical additives in the oil industry. LUX has designed a unique approach which can specifically detect chemicals in complex environments, and the £70,000 funding received from SMART will contribute significantly to this exciting project. The initial research will focus on oilfield additives; however we envisage applications across a range of industries where sensitive and specific analysis is a serious challenge.

Our novel detection method has the potential to offer:

(i) Specific detection
(ii) Sensitive analysis
(iii) Near real-time results

LUX will use its expertise in chemistry, spectroscopy and life sciences to design a simple, elegant and efficient monitoring system which can be deployed onsite. The generation of near real-time information allows timely, informed decisions to be made. This is particularly important in the oil industry when time is critical, and any delay in instigating treatment regimes risk well closure and loss of revenue.

We have been working with large Operators in the Oil and Gas sector since 2004 and have more recently expanded the number of projects in this area. We retain a particular interest in detection of treatment chemicals used for flow assurance and asset integrity purposes. The project will be completed at the end of 2009, at which time we expect to have developed an exciting detection platform with many potential applications.

“We are delighted to have been awarded a SMART grant to support our research into a novel and exciting technology.” said LUX Innovate Ltd CEO, Dr Artin Moussavi. “Our company is dedicated to providing solutions to industry problems, and this funding will allow us to expand and accelerate our original programme in the area of specific chemical detection.“

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More Information:

SMART:SCOTLAND Award details:

SMART grants are designed to support innovative research projects, which offer a significant technological advance to UK industry or sector concerned. They are awarded in recognition of a technologies financial and commercial prospects as well as technical merits.

http://www.scottishbusinessgrants.gov.uk/rsa/999.html

LUX Innovate ltd

LUX currently has ongoing collaborative development projects in the energy, chemical, water quality, medical and life science sectors. As a Company we combine strong scientific skills in a number of areas (photonics, spectroscopy, fluorescence, luminescence, imaging, protein chemistry, organic and inorganic chemistry), with a commercial team who steer R&D based on market research and analysis.

LUX Innovate ltd (LUX) is a technology development house with a focus on deploying our core expertise in light-based technologies to develop and commercialise novel detection solutions across different industries. With a track record of working successfully with major players, LUX has fulfilled unmet needs in a number of industries. The company has ongoing co-development projects in the energy, chemical, water quality, medical and life science sectors with potential application development in many more.
The expansion of our operations in the energy sector has led to the creation of LUX Assure, a subdivision through which we manage all of our oil and gas related programmes. Similarly, our collaborative development of a dental disease assessment technology is overseen by the LUX DS division.

LUX was established in 2001 in Edinburgh, Scotland, UK. It is a privately owned and funded company, and has won many awards for innovation, and has partnered with a number of companies and research groups worldwide.

For further information please contact: Dr Vjera Magdalenic, Chief Business Officer
• T: +44 131 516 7290 • F: +44 131 516 7294 • E: vm@luxinnovate.com • W: www.luxinnovate.com


Publisher Contact Information:

LUX Innovate Ltd.
01315167290
sb@luxinnovate.com

Company profile of LUX Innovate Ltd.
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