Rail tech firm on track for growth with £1m boost
Stockport-based rail technology firm Trolex Aporta is set to create 38 new jobs following a £1 million funding boost.
The company secured the investment from Finance Birmingham’s national Rail Supply Growth Fund. It will allow the business to accelerate its growth plans in the rail industry through the roll-out of its in-carriage entertainment system.
The deal will help the firm create 38 new jobs, assisting it to invest in the application and delivery of its Juxta Infotainment System, which allows commuters to stream TV shows, news, travel information and movies straight to their personal devices through a web browser or app.
The wireless on-board system, which does not rely on public Wi-Fi, offers train operators opportunities to improve user experience and explore new revenue streams through selling advertising and sponsorship on the service.
Glyn Jones, managing director of Trolex Group, said: “The sector is currently experiencing increased demand from customers for high-speed Wi-Fi that delivers entertainment direct to their fingertips. At Trolex Aporta we aim to provide an innovative solution that not only guarantees a reliable full entertainment service for passengers, but one that is cost-effective and easy to maintain for rail operators.
“Our greater mission is to lead domestic and international rail industries to a more efficient and user-led future. The funding provided by Finance Birmingham will help us to develop our system further ensuring a better travel experience for rail passengers.”
Jack Glonek, investment director at Finance Birmingham, added: “Increasingly passengers want a better experience of accessing information, be it for business or leisure purposes and Trolex Aporta are committed to answering this call.
“Finance Birmingham is proud to be involved in helping Trolex Aporta’s momentum and we look forward to witnessing positive impacts of this innovation both for rail travel experience and overall customer satisfaction.”
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