Counting the cost of cybercrime

Cybercrime hits businesses where it hurts. While stolen cash leaves a hole, a damaging data breach brings a reputation that can take years to shake off. In 2017, when hackers struck Equifax, one of the big three consumer credit reporting agencies, the details of more than 147 million people were compromised. Highly sensitive, personal data […]

Industry Bodies Sound Alarm Over Defence Investment Plan Delay and Spending Shortfall

The Defence Science and Technology Laboratory (Dstl) has developed a new digital messaging standard designed to dramatically accelerate how military forces detect, identify and engage targets on the battlefield - and is preparing to release it to industry next month.

Five of the UK’s leading defence industry trade associations have issued a rare joint statement warning that delays to the Defence Investment Plan (DIP) and a reportedly marginal increase in defence spending are already causing serious damage to businesses across the supply chain. ADS, Make UK Defence, SMI, techUK and TheCityUK, speaking collectively for the […]

£3m Investment Brings Neuromorphic Space Sensing Capability to UK Sovereign Supply Chain

Optera, an Australian-origin neuromorphic sensing company, has relocated to the UK and raised £3m to establish its headquarters and engineering team here

Optera, an Australian-origin neuromorphic sensing company, has relocated to the UK and raised £3m to establish its headquarters and engineering team here, backed by a consortium of defence and national security investors including the National Security Strategic Investment Fund (NSSIF), UKI2S (managed by Future Planet Capital), Blackfinch Ventures, Foresight Group, and Empirical Ventures. The company’s […]