AAA Lockheed Martin funds UK cybersecurity hub

Lockheed Martin funds UK cybersecurity hub

Restoration Partners, a UK-based merchant bank that provides advice to technology firms, has established a cybersecurity cluster in collaboration with the UK subsidiary of US-based aerospace company Lockheed Martin.

The Virtual Technology Cluster aims to accelerate growth among the UK’s home grown cybersecurity technology developers in order to help counter threats from cyberattacks, and will bring together industry, academia and the investment community.

The plan involves building on more than £40m ($60m) of investment in cyber facilities at Farnborough, Hampshire, including a £30m innovation lab which will be available for use by small and medium-sized British companies.

Lockheed Martin has invested a further £250,000 ($375,000) to engage with the cyber supply chain and take the cluster concept through pilot to launch.

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