Cubic exec briefs PM on transport tech investment | Smart Highways Magazine: Industry News

Cubic exec briefs PM on transport tech investment

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Cubic Transportation Systems Executive Vice President Roger Crow has taken part in a roundtable discussion with UK Prime Minister Theresa May and key ministers as they focussed on strengthening the United Kingdom’s position as a world-leading destination for technology investment.

The roundtable at 10 Downing Street, was also attended by Chancellor of the Exchequer Philip Hammond,  Secretary of State for International Trade Liam Fox, Secretary of State for Digital, Culture, Media and Sport Matthew Hancock and other leading figures from the tech industry.

Crow, who is the company’s managing director of Europe, CTS, spoke about the United Kingdom’s unique tech environment, which attracts top investors and talent from around the world, the ways to build on that strength and how to capitalise on emerging opportunities in the sector. 

“Cubic is a long-time investor in the United Kingdom. Both CTS and our defence business, Cubic Global Defense, have invested heavily in the country,” he said. “CTS has substantially invested in research and development in the region and many of our strategic investments are located here – including our Global Operations Centre in the North East of England and our Global Innovation Centre in London.”

“We are excited about the future of transportation in the United Kingdom and look forward to continue investing in our U.K. operations, allowing us to bring innovation to customers worldwide,” said Crow.

Cubic’s public transport technologies including Oyster and contactless ticketing are exported around the world through a licensing agreement with Transport for London to places such as Miami, New York and Boston.

 
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