Our CEO Neil Crabb joined Proactive’s Stephen Gunnion to discuss a landmark €211 million Italian state-backed grant awarded to portfolio company 2D Photonics – equivalent to around 22p per Frontier share on a proportional basis.
The funding will finance a pilot plant capable of manufacturing graphene-based photonic chips at scale using 200mm wafers, marking the transition from research to industrial deployment. Crabb explained that graphene’s advantages over silicon – wider bandwidth, lower energy use and reduced cooling needs – make it increasingly attractive as data centres and AI models drive demand for more efficient compute infrastructure.
Frontier IP holds a 9.1% stake in 2D Photonics and is making broader progress across its portfolio, with developments at Alusid, Pulsiv, GraphEnergyTech, The Vaccine Group and Cambridge Raman Imaging underpinned by strong tailwinds around sustainability and European technology sovereignty.