Altair and Cranfield University Sign MoU to Advance Use of Simulation, Data Analytics, and AI

Altairsolutions help students and startups pioneer next-generation advancements in aerospace and robotics

TROY, Mich.,Jan. 28, 2025/PRNewswire/ --Altair (Nasdaq: ALTR), a global leader in computational intelligence, and U.K.-basedCranfield Universityhave signed a memorandum of understanding (MoU) to explore and expand the use of artificial intelligence (AI),simulation, anddata analyticswithin theaerospaceand robotics industries. The organizations will also support students, researchers, and startups looking to harness the power of computational intelligence within these industries.

"Cranfield University is a proven leader and innovator in aerospace and beyond,"saidPietro Cervellera, senior vice president of aerospace and defense,Altair."This MoU is just the first step in developing new breakthroughs and helping organizations of all kinds explore the immense power of simulation, data analytics, and AI within aerospace."

"We're looking forward to working together withAltairto identify ways we can integrate technologies to support students and their research projects, and accelerate startups already working with Cranfield,"said professor Antonios Tsourdos, director of AI, robotics, and space, Cranfield University."We anticipate great things from our joint efforts and are delighted to work withAltairexperts to drive next-generation aerospace innovation."

The agreement comes at a time when the convergence of AI,machine learning, data analytics, and simulation is increasingly pivotal in developing new innovations in areas like autonomous space exploration, Earth observation,telecommunications, anddefense.

Cranfield University is a leading global university and has world-renowned expertise in aerospace research and innovation. It is theonly university inEuropewith its own airport and runwayand is the U.K.'s largest provider of accredited aerospace and space master's degree courses.

To learn more aboutAltair'saerospace capabilities, visithttps://altair.com/altair-rapidminer. To learn more about Cranfield University, visithttps://www.cranfield.ac.uk/.

About Cranfield University

Cranfield is a specialist postgraduate university with globally renowned expertise in science, technology, engineering and management. We deliver applied research that has real-world impact – 88% of our research is world-leading or internationally excellent (REF2021). For more information, visit www.cranfield.ac.uk.

AboutAltair

Altairis a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI.Altairenables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visitwww.altair.com.

SOURCEAltair