Innovate UK has launched a competition for £150million in funding for new aerospace designs to support the UK industry.
The competition will offer to fund for new aerospace designs that support the UK Aerospace Technology Strategy. The competition forms part of a £3.9billion fund created by Innovate UK with the UK Aerospace Research and Technology Programme (UKART), which is managed by Innovate UK, the Aerospace Technology Institute (ATI), and the Department for Business, Energy, and Industrial Strategy.
The funding will be awarded to chosen capital investment or research projects that support the UK Aerospace Technology Strategy. Priorities include whole aircraft design and integration, propulsion technologies, and advanced systems.
Project themes are detailed in the UK Aerospace Technology Strategy, and include:
- improving UK whole-aircraft design and system integration
- future-proofing advanced systems technologies in the UK – specifically, smart, connected and more electric aircrafts
- securing the UK’s world-leading position in large, complex aviation structures, particularly wings
- developing more efficient propulsion technologies, including large turbofans
The competition opens on June 3, 2019, and closes June 19 2019. Uk-based businesses, research and technology groups, and academic organisations can lead the projects in accordance with the project type.
Businesses can have 70% of their costs covered for industry-led research and up to 50% for capital investment projects. Organisations must sign up to the ATI Framework Agreement and an online briefing will be held on June 10, 2019, to allow groups to find out more about the application process and the competition.
If you would like to join our community and read more articles like this then please click here.
The post Innovate UK calls for new aerospace designs appeared first on Defence Online.