Extra funding drives forward green aviation technology in the UK
The UK’s aerospace technology research programme, the Aerospace Technology Institute (ATI), is to receive record levels of government funding.
UK Industry Minister Lee Rowley said driving forward the research and development of green aviation technology was a priority.
The ATI will receive £685 million (€816 million) from the government for the financial years 2022 to 2023 through to 2024 to 2025, an increase of £235 million (€280 million) on the previous three-year period. Industry will provide co-funding, taking the total to more than £1 billion (€1.19 billion).
Funds will be used to capitalise on the UK’s world-leading R&D system and support the development of zero-carbon and ultra-low-emission aircraft technology, cementing the UK’s place at the forefront of advancing new green technology, whilst supporting tens of thousands of jobs.
Chair of Sustainable Aviation Matt Gorman said: “UK aviation and aerospace welcomes the Government’s record-breaking funding commitment for the Aerospace Technology Institute (ATI).
“UK aviation was the first in the world to commit to net zero by 2050, and progress on multiple fronts will help us to deliver this goal. Today’s commitment, alongside recent funding for Sustainable Aviation Fuels (SAF) and airspace modernisation, will help industry accelerate progress and ensure the UK continues to lead the world in making net zero flight a reality.
“We also look forward to seeing the Government introduce the mandate and price support mechanism for SAF – needed this year – which will open up big economic opportunities for the UK as well as also helping us reach our net zero goals.”
UK Industry Minister Lee Rowley said driving forward the research and development of green aviation technology was a priority.
The ATI will receive £685 million (€816 million) from the government for the financial years 2022 to 2023 through to 2024 to 2025, an increase of £235 million (€280 million) on the previous three-year period. Industry will provide co-funding, taking the total to more than £1 billion (€1.19 billion).
Funds will be used to capitalise on the UK’s world-leading R&D system and support the development of zero-carbon and ultra-low-emission aircraft technology, cementing the UK’s place at the forefront of advancing new green technology, whilst supporting tens of thousands of jobs.
Chair of Sustainable Aviation Matt Gorman said: “UK aviation and aerospace welcomes the Government’s record-breaking funding commitment for the Aerospace Technology Institute (ATI).
“UK aviation was the first in the world to commit to net zero by 2050, and progress on multiple fronts will help us to deliver this goal. Today’s commitment, alongside recent funding for Sustainable Aviation Fuels (SAF) and airspace modernisation, will help industry accelerate progress and ensure the UK continues to lead the world in making net zero flight a reality.
“We also look forward to seeing the Government introduce the mandate and price support mechanism for SAF – needed this year – which will open up big economic opportunities for the UK as well as also helping us reach our net zero goals.”
Loading ...
