Finance Secretary Mark Drakeford has today announced £3.7m of EU funding to create a world-class research network to help industry embrace cutting-edge technology.
Led by Glyndwr University, the three-year project will be delivered in partnership with South Wales, Bangor and Aberystwyth universities, which will work with companies across West and North Wales and the South Wales Valleys in areas such as manufacturing, healthcare, telecommunications, energy and agriculture.
Announcing the funding, Professor Drakeford said:
“It is vital Welsh industry has access to the knowledge and expertise in our highly-acclaimed universities so we can drive innovation and put Wales on a global platform for success.
“This investment highlights the importance of securing replacement funding from the UK Government to support growth and jobs in Wales following our exit from the EU.”
Caroline Gray, director of Wrexham Glyndwr University’s OpTIC Technology Centre, said: “We are delighted to receive this funding and to be leading the project with our partners and other sectors in West Wales and the Valleys.
“The centre will bring together all areas of academic expertise across photonics technology, helping industry develop the next generation of processes and products while boosting business growth and efficiency for the Welsh economy and future generations.”
Photonics is the science of using light to generate energy, detect or transmit information and other forms of radiant energy whose quantum unit is the photon.