Projects to help the UK lead the way on greener air travel are to receive more than £200 million in funding, Industry Minister Nusrat Ghani confirmed at the Paris Air Show.
A total of £218 million combined government and industry funding has been announced to develop new green innovative landing gear, and lower carbon and more efficient aircraft wings, engines and sensors.
The funding, being delivered through the Aerospace Technology Institute (ATI) Programme, is claimed will secure more high-skilled jobs and increase investment in aerospace technology across the UK. The cash injection will support ten new projects and help to develop greener, lower carbon and more efficient aircraft equipment such as engines, landing gear, wings and sensors.
According to the government, the joint commitment with industry to invest in new aircraft and manufacturing technologies is set to help secure at least £20 billion of further private investment in aerospace in the UK and support over 100,000 jobs.
Announcing the funding at the Paris Air Show, Minister for Industry and Economic Security Nusrat Ghani said: “We’re growing the economy and supporting high-skilled, high-wage careers across the UK by backing our world-leading sectors like aviation.”
“We want to achieve net zero air travel by 2050, and I want UK firms to lead the way developing the exciting technologies of the future.”
Alan Newby, Rolls-Royce director for Aerospace Technology and Future Programmes, said:
“We greatly value the continued long-term partnership we have with both the Department for Business and Trade and the ATI, accelerating important research that improves our manufacturing processes and the performance of both our current and future products.”
“These projects will improve both our cost competitiveness and the product performance of our current and future engines, which is vital for meeting industry and Government Net Zero targets. This work will involve collaboration with a broad ecosystem of academic, research centres and SME partners across the UK that creates value across the country and helps us to reach our goals.”