Business
Cambridge Material Testing Solutions
Cambridge Material Testing Solutions.
About this update from Frontier Ip Group Plc
[{"type":"text","content":"\n \nRNS Number : 7039R Frontier IP Group plc 19 June 2018 \n\nRNS REACH / RNS\nAIM: FIPP\n19th June 2018\n \nFrontier IP Group Plc\n(\"Frontier IP\" or the \"Group\")\n \n \nPortfolio news - New Portfolio Company, Cambridge Material Testing Solutions\n \n \nFrontier IP, which specialises in commercialising university intellectual property, today announces it has taken a 24 per cent stake in Cambridge Material Testing Solutions (\"the Company\"), a business established to support the work of Dr James Dean, an expert in the mechanics and deformation of materials. \n \nThe Company is developing software and hardware to measure material characteristics in critical metal components more swiftly, cost effectively, and accurately than other systems. Among other potential benefits is mobile and remote testing on site, and the ability to assess complex components and joints.\n \nThe technology has a very wide range of applications in several sectors, including in the aerospace, nuclear, and oil and gas industries where material degradation and component life assessment of high value assets is critically important. \n \nCurrently, the hardware used to measure material characteristics forces a hard tip into a metal surface to create an indent. The material response characteristics are measured, allowing simple measurements of hardness and stiffness to be made. Existing indentation test equipment is bulky and laboratory based. \n \nCambridge Material Testing Solutions is addressing the materials testing challenges facing industry by focusing on two development areas: \n \no a suite of software tools, called SEMPID. This can process data generated by existing indentation test equipment and swiftly convert it into information easily understood by engineers to assess the strength and remaining working life of metal components;\n \no customised indentation test equipment. The new systems will be desktop-based, mobile, or fixed on site to assess critical components while in service. \n \nDr James Dean received his PhD from the Department of Materials Science at the University of Cambridge. He has worked for Frazer Nash Consultancy, a leading systems and engineering technology company, on a number of projects, mainly in the nuclear and aerospace industries. He th...