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Mi, 29.11.2023 08:00
pta20231129008
Business news for the stock market
Montana Aerospace AG: Montana Aerospace Division ASCO is research partner and associated member
of the Clean Aviation Joint Undertaking Program of the European Union.
Reinach (pta008/29.11.2023/08:00) - By successfully joining the program, ASCO is leveraging its extensive expertise as a global leader in the design and manufacture of high-lift structures and recent novel research & innovation solutions in complex aircraft aerostructures for an ultra-efficient aviation project, paving the way for carbon neutrality by 2050, which is a key goal of the initiative.
Clean Aviation Joint Undertaking
Carbon-Neutral Aviation in Europe by 2050
Montana Aerospace Division ASCO contributes its design and development expertise to Clean Aviation research projects.
Focus on disruptive technologies and ultra-efficiency for the future of aviation. As a one-stop-shop for aerostructures, ASCO, together with Montana Aerospace Division Uni-versal Alloy Cooperation (UAC), one of the world's leading manufacturers of structural components and assemblies for the aerospace industry, will bring its extensive multi-material expertise in the field of lightweight design and its entire institutionalization competence to CAJU. ASCO has been particularly successful in the second CAJU project call, where it is a partner in the Hybrid-Electric Regional Fuselage & Empennages (HERFUSE) project to design part of the floor grid structure coordinated by Leonardo. Further participation in the groundbreaking aircraft concepts is planned in all three main pillars of the CAJU Phase 2 program, with a focus on the Hybrid-Electric Regional Aircraft, the Ultra-efficient Short-to-Medium-Range Aircraft and on breakthrough technologies to enable hydrogen-powered aircraft.
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Disclaimer Statements contained herein may constitute "forward-looking statements". Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "plan", "expect", "anticipate", "estimate", "believe", "intend", "project", "goal", "aim" or "target" or the negative of these words or other variations of these words or comparable terminology. Forward-looking statements involve a number of known and unknown risks, uncertainties and other factors that could cause the Company's or its industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. The Company does not undertake publicly to update or revise any forward-looking statement that may be made herein, whether as a result of new information, future events or otherwise.
(Ende)
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