10 April 2022
The UK’s aerospace technology research programme is set to receive record levels of government funding.
The UK’s Aerospace Technology Institute (ATI) is set to receive record levels of government funding. ATI is set to receive £685 million in funding over the next three years, from 2022 to 2025, which is an increase of over 50% from previous years.
This funding will drive forward the research and development of the green aviation technology industry by helping to capitalise on the UK’s world leading R&D system and support the development of xero-carbon and ultra-low-emission aircraft technology.
In addition to supporting the UK in advancing new green technology, the investment will also bring about the creation of tens of thousands of jobs.
Previous projects that have benefitted from this funding include ZeroAvia’s 6-seat hydrogen-electric aircraft as well as Roll’s-Royce’s UltraFan, the largest and most efficient aircraft engine ever.
R and D Tax Specialists have extensive experience working with clients within aerospace and green technology including…’project disciplines’
https://www.gov.uk/government/news/green-aerospace-tech-to-receive-record-government-funding
