University of Birmingham and Rock Rail sign agreement to accelerate and promote rail cyber security

Rock Rail has invested £3billion of funding from institutional investors into 1576 new, state of the art train vehicles. Along with software integrity and decarbonisation it considers cyber-security to be a key strategic area of focus for its business, both in delivering new rolling stock and in its asset management role.

The MOU establishes a strategic research and teaching partnership between BCRRE and Rock Rail to address specific cyber security challenges including application of technologies; processes and controls to protect systems; effective guidance for the railway sector and supply chain; and establishing key principles of best practice. In the past 10 years, the railway sector has been the target of adversaries, with incidents such as ransomware, data breaches, intrusions and malware being attempted against the railway systems within the EU.

The UK Rail Research and Innovation Network’s Centre of Excellence in Digital Systems, led and housed at BCRRE, offers world-leading expertise in Cybersecurity & Internet of Things (IoT). BCRRE’s dedicated rail cyber security laboratories offer practical and flexible workspaces to develop and test solutions for ‘real world’ operational systems and develop new solutions from theoretical backgrounds into implementable solutions.

Rock, is seeking to use its role to strengthen partnerships with leading manufacturers to lead in cyber security research, working with BCRRE to develop approaches to mitigate risks to Rock’s assets as well as promote learning and best practice for the industry. Rock Rail manages fleets built by Hitachi, Alstom, Stadler and Siemens and is developing strong relationships with other manufacturers, such as CAF. It is also exporting its leasing model to Germany, France and Australia.

Professor George Bearfield, Rock Rail’s Health, Safety and Cyber Security Director said “Rock is delighted to be working with BU in this important, emerging area. We take a long-term view of the risks to our assets and have identified cyber security as an area where we wish to be at the leading edge of risk management.”

Mark Swindell, CEO and Founder of Rock Rail said “the passenger, institutional investors and our partners look to Rock Rail to understand and mitigate any risks to our trains. Cyber security risk is of particular focus. I’m very pleased with our continued cooperation with UoB and their excellent Railway research centre.”

Dr Richard James Thomas, Industrial Fellow in Data Integration and Cyber Security and Rail Cyber Security Technical Lead at BCRRE says; “We are proud to establish this research partnership with Rock Rail. Cyber security is a growing topic of concern for the rail sector, especially as we continue our digitalisation journey, and this partnership strengthens the connections of a leading, digital ROSCO with a leading research centre in railway cyber security. Together we will answer fundamental questions faced by the sector to manage the cyber security risk of today and into the future that is unique to rolling stock, and the sector as a whole.”

Professor Clive Roberts, Head of School of Engineering at the University of Birmingham says: “Establishing this R&D partnership allows us to continue to share and develop our expert knowledge in cyber security. Our expertise in this area, built up over many years of industrial partnership, will enable us to assess and develop solutions for cyber security issues that affect the whole of the railway including signalling, rolling stock, and supply chain.”

Recent articles

Rock Rail and Infracapital Partners Back New Battery-Electric Train...

Deal marks a long term investment in the country’s zero emissions transport infrastructure. Rock Rail, a leading developer...

Rock Rail purchases a brand-new fleet of Talent 3...

Rock Rail and abrdn Core Infrastructure have announced an investment in Alstom-built 31 x 6-car Talent 3...

Rock Rail ranked number one for Global ESG performance...

GRESB has named Rock Rail as the top ranked ESG (Environment, Social and Governance) Sector Leader in...

Driving Net Zero: How Rock Road 
Is Funding the UK’s Bus Transition

Accelerating the shift to clean, affordable, zero-emission transport

Year
2025
Category
Rock Road
Share

The Challenge

The UK bus network is at the heart of everyday travel – but over 30,000 diesel buses still need replacing to achieve a fully zero-emission fleet.

While around 5,000 battery-electric buses are already on the road, the high upfront cost of electric vehicles and depot electrification continues to slow the transition. Traditional funding routes — such as government grants or short-term bank finance – have helped start the journey but cannot support decarbonisation at the scale required.

A new, sustainable funding model was needed: one that could attract long-term capital, spread costs fairly, and give operators and authorities confidence in the future.

The Solution

In 2021, Rock launched Rock Road to deliver exactly that –  applying its proven infrastructure financing approach from the rail sector to the UK’s clean bus revolution.

Working with Aviva, the National Wealth Fund, and HSBC, Rock created a dedicated investment platform that channels infrastructure-style finance from pension funds and institutional investors directly into zero-emission bus projects.

This model provides:

Impact

The platform has already raised £100 million, with capacity to scale to £1 billion per year over the next decade – providing a consistent source of affordable capital for local authorities and operators.

Rock’s model ensures that the total cost of ownership (TCO) of electric buses can now be lower than diesel equivalents, thanks to both cheaper long-term finance and reduced operating costs.

In London, Rock has financed 120 zero-emission buses under 7-year leases aligned with Transport for London’s contract lengths. This structure gives operators flexibility and certainty:

The Future

Rock Road’s ambition is to support the rollout of zero-emission fleets across the UK – helping local authorities and operators meet climate goals without overextending public budgets.

By leveraging limited government funding to attract large-scale private capital – for example, £10 million of public investment unlocking over £250 million in total funding – Rock’s model accelerates decarbonisation while keeping costs low for the public sector.

Our ambition is to make electric buses the default choice - not because of subsidy, but because they are the best economic and environmental option.
Louis Swindell
Commercial Director, Rock Road