<?xml version="1.0" encoding="UTF-8"?><ns2:project xmlns:ns1="http://gtr.rcuk.ac.uk/gtr/api" xmlns:ns2="http://gtr.rcuk.ac.uk/gtr/api/project" xmlns:ns3="http://gtr.rcuk.ac.uk/gtr/api/fund" xmlns:ns4="http://gtr.rcuk.ac.uk/gtr/api/person" xmlns:ns5="http://gtr.rcuk.ac.uk/gtr/api/project/outcome" xmlns:ns6="http://gtr.rcuk.ac.uk/gtr/api/organisation" ns1:created="2026-09-03T10:35:59Z" ns1:href="http://gtr.ukri.org/gtr/api/projects/07620033-349C-47C3-A46C-96E1D195B355" ns1:id="07620033-349C-47C3-A46C-96E1D195B355"><ns1:links><ns1:link ns1:href="http://gtr.ukri.org/gtr/api/organisations/E8E7283A-04DF-4CB0-803E-5C8F6176B072" ns1:rel="LEAD_ORG"/><ns1:link ns1:href="http://gtr.ukri.org/gtr/api/organisations/E8E7283A-04DF-4CB0-803E-5C8F6176B072" ns1:rel="PARTICIPANT_ORG"/><ns1:link ns1:end="2020-01-31T00:00:00Z" ns1:href="http://gtr.ukri.org/gtr/api/funds/06698213-0F04-4633-ADF9-421AD07ED2D8" ns1:rel="FUND" ns1:start="2019-02-01T00:00:00Z"/></ns1:links><ns2:identifiers><ns2:identifier ns2:type="RCUK">105023</ns2:identifier></ns2:identifiers><ns2:title>Panacea PM2020 Internal Combustion Engine Efficiency and Pollution Reduction Innovation System</ns2:title><ns2:status>Closed</ns2:status><ns2:grantCategory>Feasibility Studies</ns2:grantCategory><ns2:leadFunder>Innovate UK</ns2:leadFunder><ns2:abstractText>&amp;quot;Panacea Group are an innovation led SME, providing energy, waste and water efficiency solutions to corporate clients. See [www.panacea.london][0]for more information.

The proposed project will see the development of an innovative and disruptive compression-ignition engine solution known as PM2020, that works to improve fuel economy by more than 5% and reduce particulate matter by 35-65% in diesel and biodiesel fuelled engines. This will massively support initial target sectors, including power-generation and shipping sectors to meet incoming regulations, reduce fuel costs and reduce the human health and environmental impacts of their activities.

Innovate UK funding will help convert PM2020 into a hardened manufactured product, bringing it to the brink of commercial deployment through further prototyping and road testing. Panacea has a talented team in place to deliver the project alongside distribution channels that provide a direct route to market. This project will make PM2020 an innovation that is ripe for equity investment to globalise this exciting technology.

[0]: http://www.panacea.london/&amp;quot;</ns2:abstractText></ns2:project>