INTIEAUnited Kingdom · Finance to Green Aerospace RDDPolicyIn force

Finance to Green Aerospace RDD

The UK Business Secretary announced a GBP 200 million grant, delivered through the Aerospace Technology Institute (ATI) program, that will be matched by industry for a total investment of GBP 400 million in aerospace research and technology.   The grant will enable ambitious…

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Country / jurisdiction: United Kingdom · Year: 2020 · Status: In force · Level: National · Type: Voluntary

The UK Business Secretary announced a GBP 200 million grant, delivered through the Aerospace Technology Institute (ATI) program, that will be matched by industry for a total investment of GBP 400 million in aerospace research and technology.   The grant will enable ambitious projects to lift off and support economic recovery following the pandemic. Projects include developing high-performance engines, new wing designs, ultra-lightweight materials to reduce fuel consumption, energy-efficient electric components, and other brand new concepts to enhance innovation in the sector.

Official source: https://www.gov.uk/government/news/uk-aerospace-sector-to-benefit-from-400-million-funding-to-go-green

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https://www.iea.org/policies/12686

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