Gary Elliott • 20.11.23 •  < 1 mins

“The Aerospace Technology Institute welcomes the commitment from the Government to extend the ATI Programme budget by a further five years, with an additional £975m of new funding from 2026 through to 2030. With industry co-investment it will enable the ATI to direct an additional almost £2 billion into research and developing the cutting-edge technologies needed for future sustainable aviation.

“Last week, at the ATI Conference, the sector discussed the very exciting progress being made and the need to increase the pace towards net zero. Investment is critical to securing the opportunities that net zero brings, and this Government commitment will enable industry across the UK to continue to lead from the front in the global race to develop and exploit next-generation aircraft technologies. Providing certainty over future funding will also encourage additional private investment into our sector, maximising economic growth opportunities.

“This announcement is an endorsement of the ATI and the impact our programme has made over the last ten years. Together with the Government launch of the ATI’s SME Programme last week, this funding commitment will keep UK aerospace competitive and world leading.”

Gary Elliott, CEO of the Aerospace Technology Institute.