Business and Energy Secretary Greg Clark, who announced the £343 million investment, said the funds would go towards research and development and productivity improvements to transform the future of the UK’s civil aerospace industry.
The goal of this effort is to ensure that the UK be at the forefront of the ‘next revolution’ in hybrid and electric planes. From the total investment, £255m – supported by the Aerospace Technology Institute and UK Research Innovation – will go towards 18 new research and technology projects, which includes the development of cleaner hybrid aircraft.
To support small and medium-sized companies, £68m of the funding will be made available to increase research and development opportunities, with £20m to drive improvements in long-term productivity across the sector.
Fund to Support UK’s Clean Growth Strategy
According to the UK Gov website, the projects will help to “position the UK as a world leader for some of the most technologically advanced aircraft that will transform the face of aviation.”
The boost provided by this funding will help to accelerate the electrification of UK flight, which will contribute significantly to the UK’s goal to cut emissions through its Clean Growth Strategy.
The revolutionary E-Fan X project is the latest major beneficiary of the latest research and development funding. The project has brought together Airbus, Rolls-Royce and Siemens to develop commercially viable electric planes and to help the aerospace sector manufacture cleaner and quieter aircraft while growing the industry more sustainably.
Aviation Revolution to Benefit UK Industry
Clark said: “Technology is driving revolutionary changes in aviation that have not been seen since the 1970s and today’s investment is foundational to the future of commercial aviation and ensuring the UK remains at the cutting-edge of the sector.
“This revolution in civil aerospace will bring significant benefits to UK industry, passengers and the environment.”
Aviation Minister Baroness Sugg said: “The development of quicker, quieter and cleaner aircraft will transform the UK’s transport market and open up new and more sustainable ways for passengers to travel between our cities and regions and across the globe.
“Developing innovation, technology and skills is a core part of the government’s Aviation Strategy and this funding will help us to ensure that the UK aviation sector continues to be a world leader in this area.”