The Basque Country will play a key role in the development of the new generation of aircraft engines of the future thanks to the first industrial transformation project
The transformative project represents another step forward in the development of the Basque aeronautical industry and will enable the development of key technologies for the next generation of commercial aircraft engines, among other things.
The project involves an investment of more than €110 million over the next three years, of which more than €60 million is for R&D and technology development.
Imanol Pradales: ‘The Basque aeronautical and aerospace sector is a fundamental part of the Basque Country Industry Plan 2030. It is a sector with great potential to drive future growth.’
The Lehendakari, Imanol Pradales, presented the first industrial transformation project of the Basque Country Industry Plan 2030, called “New Aeronautical Engine Architectures for Sustainable and Competitive Aviation in the Basque Country”, at the ITP Aero headquarters on the Zamudio/Derio Campus of the Basque Technology Park. the first industrial transformation project of the Basque Industry Plan 2030, called “New Aeronautical Engine Architectures for Sustainable and Competitive Aviation in the Basque Country”, which was created with the ambition of the Basque Country playing a relevant role in the new generation of aeronautical engines of the future worldwide, based on the energy and digital transition.
The Lehendakari was accompanied at the presentation by the CEO of the ITP Aero Group, Eva Azoulay, the CEO of ITP Aero, Carlos Alzola, the Basque Government’s Minister for Industry, Energy Transition and Sustainability, Mikel Jauregi, and the heads of the main companies, technology centres and agents of the Basque Science, Technology and Innovation Network (RVCTI) and the aeronautics and space cluster, HEGAN, which are part of the project.
Lehendakari Imanol Pradales stressed that “the Basque aeronautics and aerospace sector is a fundamental part of the Euskadi 2030 Industry Plan. It is a sector with great potential for future growth that will have a clear objective: to be a key element in the transformation and growth of the Basque industrial fabric. Taking advantage of the tailwinds that may blow in the EU if we finally take the right decisions to achieve our strategic autonomy as a global economic player‘. He thus stressed that ’this first transformative project of the Industry Plan addresses a major technological challenge: the development and industrialisation of new engine architectures that will shape the aviation of the future”.
This first Transformative Project, privately led with public support, is part of the Euskadi 2030 Industry Plan. It has ITP Aero as its driving force, a Basque company that is a world leader in the field of aircraft propulsion, with its own technology, and a major driving force within the value chain of other companies in the Basque Country.
The project develops new opportunities in the aeronautical sector, a strategic HAZI sector due to its potential as a driving force in the future.
