Barack Obama and David Cameron give Islington robotics team £500,0000 to make android hands

Rich Walker, of Shadow Robot

Rich Walker, of Shadow Robot - Credit: Archant

President of the US Barack Obama and Prime Minister David Cameron have announced £500,000 funding for an Islington robotics company.

Shadow Robot, in Liverpool Road, will be given the cash by fellow robotics firm Moley Robotics, in the US, to develop the next-generation of robotic hands.

The deal is part of £1.1billion trade and investment package announced on Thursday during discussions between the two leaders on advancing both countries economic prosperity and national security.

Mr Cameron said: “Moley Robotics is one of the many US companies that has seen the value of doing business in the UK and I’m delighted that Shadow Robot has secured a £500k deal with them to develop their next-generation robotics products.

“This is a clear vote of confidence for the UK and our long-term economic plan which is helping to safeguard our economy for the future.”

You may also want to watch:

Shadow Robot was Founded in 1997 from a team of roboticists excited by the possibilities of cybernetic hands.

They have since grown into a thriving engineering development firm, using their robotic appendages to solve real world problems for a variety of clients, including those in academics, food, logistics and manufacturing.

Most Read

Rich Walker, managing director of Shadow Robot, said: “We’re really excited by this project. Moley Robotics has a fantastic vision of how and where robotics can be applied, and it’s a real privilege to play a part in developing the vision.”

The US is the UK’s biggest trade partner with exports to the US worth nearly £90bn in 2013 – more than any other country in the EU.

The country is also the biggest investor in the UK, with a trade relationship increasing by 5.5% per cent to £140.5bn in 2013.

In a joint statement before the talks, the Prime Minister and President Obama said: “As we meet at the White House, we reaffirm our belief that our ability to defend our freedoms is rooted in our economic strength, and the values that we cherish – freedom of expression, the rule of law, and strong democratic institutions.”

Become a Supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Become a Supporter