The UK government, recognizing the need to prioritize sustainable aviation, has committed £218 million in combined government and industry funding. This investment will facilitate the development of groundbreaking technologies that aim to reduce carbon emissions and enhance the efficiency of aircraft components, including landing gear, wings, engines, and sensors.
Boosting High-Skilled Jobs and Aerospace Technology
Through the Aerospace Technology Institute (ATI) Programme, the funding will not only create more high-skilled jobs but also stimulate investments in aerospace technology across the UK. The joint commitment between the government and industry is projected to attract over £20 billion in private investment and support more than 100,000 jobs, contributing to the country’s economic growth.
Partnership for Economic Growth
Minister for Industry and Economic Security, Nusrat Ghani, announced the funding at the prestigious Paris Air Show, highlighting the government’s dedication to supporting key sectors like aviation. The objective is to reach a state where air travel produces no net carbon emissions by the year 2050, and British companies are urged to take the forefront in pioneering advanced technologies. By backing innovators, the government aims to attract additional investments and create substantial export opportunities for British firms.
Supporting Groundbreaking Projects
The cash injection will support ten pioneering projects led by renowned companies such as Airbus and Rolls-Royce. Collaborating with over 40 UK-based partners, these projects will focus on developing greener, more fuel-efficient aircraft equipment. The advancements in engines, landing gear, wings, and sensors will contribute to reducing environmental impact while improving overall performance.
Showcasing UK Innovation on the Global Stage
Minister Ghani, during her presentation at the Paris Air Show, will promote the UK’s world-class aerospace sector to international leaders and encourage greater investment in the industry. The ATI Programme, with a budget of £685 million between 2022-2025, will be highlighted to emphasize the UK’s research and development capabilities. By showcasing the nation’s innovation and technology, the UK aims to attract global partnerships and boost export opportunities.
Source: Gov[Dot]UK
