The automotive electrical vehicle market is creating a significant demand for safer, lighter and more affordable materials. The challenge lies in the shortage of these materials that can withstand high temperatures in engineering applications. HTMS Ltd are addressing this by developing and manufacturing a sustainable material using green chemistry principles and low-energy processes, providing an efficient and environmentally responsible solution. If they can solve these challenges then other green-transport areas, such e-scooters and eVTOL vehicles, will not be far behind.
Dr Richard Grainger is the cofounder and Chief Technology Officer, responsible for the development of the chemistry, the manufacturing technology to make it at scale and demonstrating the capabilities to customers. He recognises his main challenge in scaling up the company as “to evolve from a materials engineer with a strict scientific and technical focus, into a leader who shapes the strategic direction of technology development.”
Richard plans to use the Shott Scale Up Accelerator’s mentoring to offer strategic insights and leadership perspectives, and coaching to help refine decision-making, communication and management skills. He recognises that the Shott Scale Up Accelerator is particularly valuable at this stage because it bridges the gap between technical expertise and strategic leadership. He notes, “As I transition from hands-on engineering to leading technology growth, the programme’s focus on commercialisation, leadership development and business strategy provides the tools and mentorship needed to scale innovation effectively. Its network of experienced mentors and peers will also offer practical guidance to navigate the challenges of growing a technology-based business.”
The next 12 months are a critical time for HTMS Ltd as they take on a larger business unit that is going to be the manufacturing hub for their materials. Richard is expecting to take on a lot of new challenges in commercial property, production processes and quality oversight as well as recruitment and training. The next milestone for their product is building equipment which can make consistent material at speed and volume. This will help them to address their target sectors – automotive and aerospace.