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Sector News

Sector News

HRH the Prince of Wales officially opens The National Automotive Innovation centre

HRH The Prince of Wales has officially opened one of Europe's largest automotive research and development facilities, the National Automotive Innovation Centre (NAIC), at the University of Warwick, in Coventry. Advanced researchers, engineers and designers based at the Centre are tackling society's largest mobility challenges and collectively shaping the future of the global automotive industry from the heart of the United Kingdom.

New expert group to boost UK innovation

Cathryn Ross has been appointed as the first Chair of the new Regulatory Horizon Council, a government-backed committee to ensure that UK regulation keeps pace with innovation and enables it to thrive while safeguarding the public.

Space science investment generates income and creates jobs

The study found that £523 million of UK Space Agency funding put into the European Space Agency’s Space Science Programme (SSP) has generated £1.4 billion of income for UK industry, with a further £1.1 billion from partially attributed and forecast benefits.

The investment, between 2000-2018, created 306 jobs. The UK industry regularly secures major ESA contracts to provide mission spacecraft platforms, support mission operations and develop major subsystems.

UK’s booming cyber security sector worth £8.3 billion

New report from the Department for Digital, Culture, Media and Sport reveals the number of active cyber security firms in the UK has increased 44 per cent from 2017.

The UK’s cyber security industry is now worth an estimated £8.3 billion, with total revenues in the sector up 46 per cent from £5.7 billion in 2017.

The sector has seen significant growth in annual revenue and employment, as well as considerable investment in early-stage companies. The findings from the report show:

Appointment made to drive forward industrial decarbonisation centre

Professor Mercedes Maroto-Valer, of Heriot-Watt University, will work with academic, industry, policymakers and other stakeholders to develop a proposal for the Industrial Decarbonisation Research and Innovation Centre (IDRIC).

The new centre, supported with £20 million through the Industrial Strategy Challenge Fund (ISCF), will foster collaboration between researchers and industry, developing interdisciplinary research and innovation to address complex social and environmental challenges.

Harrison Street and Trinity acquire portfolio of five UK life sciences and innovation properties

Harrison Street, an alternative real asset investment firms dedicated to the Education, Healthcare and Storage sectors, and Trinity Investment Management (Trinity), an operator, developer and manager of UK real estate focused in the life sciences and innovation space, are to acquire a portfolio of five life sciences and innovation properties across the UK. 

As part of this acquisition, Harrison Street and Trinity have formed a strategic joint venture partnership to invest in the life sciences sector throughout the UK and Europe.

Ulster University and Dell sign £85m partnership

Ulster University has signed up with Dell Technologies as part of a £85 million (€100m) partnership that will support the development of technology and drive research in digital health and innovation in the media industry.

The university has signed a memorandum of understanding with the tech company that covers the Centre for Digital Healthcare Technology and the Screen and Media Innovation Lab, and will provide technology and infrastructure to support the new innovation centres.

Partnership agreed for new centre for UK/China digital business development

A new Centre for UK and China Digital Business Development (UKCN-DBD) has taken its first steps forward.

Plans for the centre are the result of a partnership between Sunderland Software City, University of Sunderland, TusPark UK and a number of Chinese organisations.

It is thought that the UKCN-DBD could support the growth of UK tech companies expanding into Chinese markets and who are able to implement their products and services on a global scale.

Returner and retraining schemes key to closing the gender gap in STEM says WISE

 

WISE, the campaign for greater gender balance in science, technology and engineering (STEM), is urging employers to implement returner and retraining schemes to speed up progress towards closing the gender gap in STEM, and in particular in technology and digital roles. There are now over 1 million women working in core STEM roles, however, in technology women represent just 16% of the IT profession.

BBC to open tech centre in Newcastle with praise for city's digital potential

BBC director general Tony Hall has announced plans to open a major tech centre in Newcastle with praise for the city’s digital and creative potential.

Lord Hall said the BBC would be opening a tech hub in the city and described Newcastle as a “city looking for fresh ideas, collaboration and innovation”

The commitment to the new centre came as Lord Hall signalled plans to increase the BBC’s drive to move staff and programme making away from London, with an aim of having two-thirds of its activities in the regions by 2027.