The Transport Systems and Future Cities Catapults are merging to form the Connected Places Catapult from 1 April.
The new catapult will be led by Nicola Yates OBE, who was appointed chief executive of the new organisation in February.
It will focus on growing businesses with innovations in mobility services and the built environment and will target digital and next-generation telecoms as well as companies that explore applications of neuroscience and human-centred design 'to boost social connectivity, interaction and inclusion.'
Ms Yates said: 'I am delighted to be leading this exciting new Catapult. We have developed an ambitious strategy to build on the expertise of our two previous organisations by removing the boundaries that will enable us to explore more confidently new projects and areas of growth.
'Our new name, Connected Places, encapsulates this ambition at the intersection of urban and transport innovation.'
The Connected Places Catapult will work between public and private sectors and local government and transport authorities to help foster new commercial opportunities.
Founded in 2013, the Catapult programme is a government-supported network of elite technology and innovation centres, each with their own specific sector focus. The aim is to transform the UK’s capability for innovation within the transport sector and to help drive future economic growth.