A major tech company is set to launch a £20m cybersecurity centre in South Wales with the aim to help rejuvenate that area, according to a BBC report.
French-owned Thales specialises in conducting research for cybersecurity, aerospace, and transport industries, and already has 12 other facility centres located in the UK.
Located at in Ebbw Vale, the National Digital Exploitation Centre (NDEC) will provide a space for researchers and experts to test and support the growth of digital security innovations within the region.
The first 15 people will start working sometime in February with the centre expected to become operational by 2021.
The University of South Wales (USW) will work in partnership with Thales to launch the new centre. The University will also run an advanced cyber institute at the centre, which will provide a base for academic research in the field of cybersecurity.
Both the Welsh Government and Thales have put £10m each towards the project.
Construction work on the new centre is set to take place in Spring.
“The centre will help ensure that Wales exploits the global opportunities of digital transformation, provide a base for groundbreaking research and will equip businesses of all shapes and sizes with the skills and knowledge they need to win a greater share of large regional and national projects,” said Ken Skates, the deputy minister for Culture, Tourism and Sport.
“I am confident that through our partnership with Thales and the University of South Wales we will work to stimulate and create employment in high-value technology businesses – an ambition that is right at the heart of our Tech Valleys project.”
“Test bed” for UK’s digital technology
Gareth Williams, UK vice president for secure communications and information systems, who is from the area, said: “This will act as a cornerstone of our cybersecurity capabilities in the UK, providing a test bed for our technology, whilst also providing a catalyst for regeneration in the region.”
He added: “A lot of the programmes we deliver are over five, 10, 15-year contracts with our customers so you don’t take these decisions lightly, you take long term investment decisions and that’s what we’ve done in Ebbw Vale. We’ve already got some large international customers.”