The Welsh Government's flagship Global Centre of Rail Excellence (GCRE) has signed a memorandum of understanding with US venture MxV Rail to work together to advance rail technology and global rail research.
The agreement will enable both organisations to collaborate and share technical expertise relating to design and engineering, commercial planning, procurement processes, safety requirements and operational best practice.
Chief executive of GCRE Simon Jones said: "We share a common ambition to support clients in the global rail industry through the development and operation of purpose-built railway testing centres. Our collaboration will enable these clients to accelerate innovation and improve their own customer’s experience, reduce costs and accelerate decarbonisation."
