Aerospace executives have warned that new cutting-edge technologies could be developed overseas if the UK government does not increase funding for R&D.
Industry is discussing securing state support for research into next-generation technologies such as electric and hydrogen aircraft, which the UK is seen as critical to achieving its goals. Zero net greenhouse gas emissions By 2050.
This research has been funded by the National Aerospace Laboratory of Japan in the past. However, concerns about the government’s efforts in this area were fueled in the spring when it became apparent that ATI had done so. Stop funding new research projects until next year..Government Green agenda..
The institute’s annual research budget of Â£ 300million is now funded equally by industry and government. The industry is claiming a total government share of around Â£ 3.8bn by 2030. This is on par with industry, according to those familiar with the situation.
This level of support has the potential to enable investments of up to Â£ 27 billion from the industry by 2050.
Some senior industry executives attended a meeting with Executive Director Kwasi Kwaten earlier this month to discuss what the industry could achieve with more money ahead of next month’s spending review, with some knowing well the situation. People have confirmed.
The industry was ready to invest in the UK, but companies needed to confirm their long-term commitment from the government, especially in the face of international competition, an executive said.
According to the executives, the message was: âInvest in the industry. If the government steps up, you have the money ready. The second person said: âOnce this investment goes overseas, we cannot catch up with this sector. ” I did.
Many have pointed out a much more generous level of support that France and Germany have given to this sector during the pandemic, much of which is linked to decarbonization.
ATI, which includes large and small companies such as Airbus and Rolls-Royce as project partners, was founded in 2013 as a collaboration between government and industry to define technology strategies for the sector.
According to ATI, around 80% of current research projects contribute in one way or another to reducing emissions.
Informal member feedback received by the ADS trade association indicated that soon after the decision to halt funding, around half would find it difficult to invest in the UK without government support. People have confirmed.
According to a senior aerospace executive, the move “is in total contradiction to the government’s net zero commitment.”
âWhen the global aerospace industry announced next-generation technologies, they didn’t care,â they added.
Relations between the industry and the UK business unit have improved since the spring, some executives said. Kwarteng appears to support this sector, but concerns remain about the level of financial support given to ATI.
Kevin Craven, CEO of ADS, declined to comment on his recent meeting with Kwarteng, saying: Securing billions of pounds of industrial investment in the UK by 2050. “
Industry and government said: âInvestments in aerospace R&D are closely and constructed to ensure that they maximize their contribution to the prosperity of the UK in the global market opportunity to develop new aviation technology. generation. We cooperate with each other. ”
The business sector said the UK had “a clear strategy, especially to ensure that the aerospace industry remains a world leader”.
âBased on the UK’s Aerospace Technology Strategy, we will invest Â£ 1.95 billion in aerospace research and development through the Japan National Aerospace Laboratory program from 2013 to 2026, and by 2026 we will invest Â£ 3.9bn in line with the industry. Invests. “
Aerospace industry warns new green tech projects risk leaving UK Aerospace industry warns new green tech projects risk leaving UK