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Green Aerospace Tech to Receive Record UK Government Funding

By March 30, 2022 < 1   min read  (197 words)

March 30, 2022 |

Fuel Cells Works, Green Aerospace Tech to Receive Record UK Government Funding

Aerospace Technology Institute to benefit from £685mln funding injection.

The UK’s aerospace technology research programme, the Aerospace Technology Institute (ATI), is to receive record levels of government funding.

The ATI will receive £685 million from the government for the financial years 2022 to 2023 through to 2024 to 2025, an increase of £235 million on the previous 3-year period. Industry will provide co-funding, taking the total to more than £1 billion.

Funds will be used to capitalise on the UK’s world-leading R&D system and support the development of zero-carbon and ultra-low-emission aircraft technology, cementing the UK’s place at the forefront of advancing new green technology, whilst supporting tens of thousands of jobs.

Previous projects supported include ZeroAvia’s 6-seat hydrogen-electric aircraft, which is the largest such aircraft in the world, as well as Rolls-Royce’s development of UltraFan, the largest, most efficient aircraft engine ever.

Industry Minister Lee Rowley, who announced the funding, said, ‘Since its formation in 2013, the Aerospace Technology Institute has been an enormous success, already funding world-leading innovations like hydrogen aircraft and 3D printed components. These projects are making a real-world impact and could one day help the global aviation industry transition to net zero.’

Source: IOM3

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