Alstom and Safran signed a technological cooperation agreement

Alstom and Safran have signed today on the paris air show a technological cooperation agreement, whose objective is to put in common the expertise and know-how of both companies in the field of electric propulsion in a first time. This collaborative Research and Development brings two high-tech companies, leaders in different markets that are mobility for Alstom, and Aeronautics, Space and Defence to Saffron.

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This agreement will be articulated in a first time around two major themes what are the components and technologies intended for equipment of electric propulsion and the electric propulsion systems and hybrid aircraft and vehicles of public transportation. It will position the French industry at the highest world level in these areas.

This joint research programme is intended to involve research institutes and universities, as well as innovative SMES. The collaborative projects initiated within the framework of this co-operation should be completed before 2020.

About Alstom

A promoter of sustainable mobility, Alstom designs and delivers systems, equipment and services for the transport sector. Alstom offers a full range of solutions (high speed trains to metros, trams and e-buses), custom services (maintenance, upgrading, etc.) and offers dedicated to passengers, infrastructure solutions, mobility and digital signage. Alstom is positioned as a global leader in integrated transportation systems. In 2016/17, the company has achieved a turnover of eur 7.3 billion and registered to 10.0 billion euros of orders. Alstom, whose headquarters is based in France, is present in more than 60 countries and currently employs 32 800 employees.

About Saffron

Safran is an international high-technology group, a leading original equipment manufacturer in the fields of Aeronautics, Space and Defence. Located on all continents, the Group employs approximately 58 000 employees and a turnover of 15.8 billion euros in 2016. Safran holds, alone or in partnership, leading positions worldwide or european in its markets. To respond to the changing markets, the Group engages in research and development programs, which accounted for a 2016 expenditure of 1.7 billion euros. Saffron is a company listed on Euronext Paris and is part of the CAC 40 and Euro Stoxx 50.

For more information : / Follow @Safran on Twitter

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