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On Thu, 18 Jul, 4:02 PM UTC
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Altair to Showcase Cutting-Edge AI-Powered Engineering at Farnborough International Airshow 2024 By Investing.com
Live technology demos to focus on solutions in aerospace design, production, and maintenance , /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, will showcase its latest innovations in engineering simulation, artificial intelligence (AI), and high-performance computing (HPC) at the Farnborough International Airshow 2024, taking place at the , Altair solutions are transforming aerospace engineering and production processes. Attendees will have the opportunity to explore Altair's AI-powered engineering solutions, which support the entire aerospace life cycle, from conceptual design and manufacturing to operational performance and maintenance, repair, and overhaul (MRO). Altair will also share insights on sustainable aviation, the smart factory, advanced connectivity, and digital engineering efficiency. Highlights of Altair's participation at the Farnborough Airshow 2024 include: "The power of computational intelligence is critical to moving the aerospace industry forward with improvements in safety and reducing environmental impact," said Dr. , senior vice president of aerospace and defense, Altair. "Altair is the only company that provides the data science and rocket science know-how to take this industry to the next level. We are excited to show our commitment to advancing the future of aviation through our innovative, intuitive, AI-powered engineering solutions." Altair will be at booth 1116 in hall 1. For more information about Altair's participation at the Farnborough International Airshow 2024, visit https://events.altair.com/farnborough-air-show-2024/. To learn more about Altair's aerospace solutions, visit https://altair.com/aerospace-and-defense. About Altair Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables 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 visit www.altair.com.
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Altair to Showcase Cutting-Edge AI-Powered Engineering at Farnborough International Airshow 2024 | Taiwan News | Jul. 18, 2024 15:00
Live technology demos to focus on solutions in aerospace design, production, and maintenance TROY, Mich., July 18, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, will showcase its latest innovations in engineering simulation, artificial intelligence (AI), and high-performance computing (HPC) at the Farnborough International Airshow 2024, taking place July 22 to July 26 at the Farnborough International Exhibition and Conference Centre, U.K. Altair solutions are transforming aerospace engineering and production processes. Altair to showcase latest innovations in engineering simulation, artificial intelligence (AI), and high-performance computing (HPC) at the Farnborough International Airshow 2024, taking place July 22 to July 26. Attendees will have the opportunity to explore Altair's AI-powered engineering solutions, which support the entire aerospace life cycle, from conceptual design and manufacturing to operational performance and maintenance, repair, and overhaul (MRO). Altair will also share insights on sustainable aviation, the smart factory, advanced connectivity, and digital engineering efficiency. Highlights of Altair's participation at the Farnborough Airshow 2024 include: Sustainable Aviation through AI-Powered Engineering Simulation Demos: Altair's AI-powered simulation solutions enable aerospace engineers to solve complex design challenges. By integrating AI into design and simulation technologies, Altair provides unprecedented insights and performance improvements for aircraft design and operations. Efficient Manufacturing and MRO with Intelligent Digital Twins Demos: Altair solutions utilize design and operational data to create intelligent digital twins that enable real-time monitoring and predictive maintenance, helping aerospace companies improve safety, reduce costs, and extend the life cycle of their aircraft. Digital Superiority for Defense Demos: For government agencies, primes, and defense companies, Altair will showcase solutions to navigate the evolving digital landscape, build solutions at speed, take data-driven decisions, and deliver programs on time and on budget. Supporting the Future of Aerospace: Altair's Aerospace Startup Acceleration Program is a unique offering that gives startups leading design and data analytics solutions that help them succeed in a today's competitive global market. "The power of computational intelligence is critical to moving the aerospace industry forward with improvements in safety and reducing environmental impact," said Dr. Pietro Cervellera, senior vice president of aerospace and defense, Altair. "Altair is the only company that provides the data science and rocket science know-how to take this industry to the next level. We are excited to show our commitment to advancing the future of aviation through our innovative, intuitive, AI-powered engineering solutions." Altair will be at booth 1116 in hall 1. For more information about Altair's participation at the Farnborough International Airshow 2024, visit https://events.altair.com/farnborough-air-show-2024/. To learn more about Altair's aerospace solutions, visit https://altair.com/aerospace-and-defense. About Altair Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables 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 visit www.altair.com. Media contacts Altair Corporate Altair Investor Relations Bridget Hagan Stephen Palmtag +1.216.769.2658 +1.669.328.9111 [email protected] [email protected] Altair Europe/The Middle East/Africa Charlotte Hartmann +49 7031 6208 0 [email protected]
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Altair, a global leader in computational science and artificial intelligence, is set to demonstrate its cutting-edge AI-powered engineering solutions at the Farnborough International Airshow 2024. The company will highlight its innovative technologies that are transforming the aerospace industry.
Altair, a global leader in computational science and artificial intelligence, has announced its participation in the upcoming Farnborough International Airshow 2024. The company plans to showcase its cutting-edge AI-powered engineering solutions that are revolutionizing the aerospace industry 1.
At the airshow, Altair will demonstrate a range of advanced technologies, including:
These technologies are designed to address complex engineering challenges in the aerospace sector, from conceptual design to manufacturing and operations 1.
Visitors to Altair's booth will have the opportunity to explore:
These solutions aim to help aerospace companies optimize their processes, reduce costs, and accelerate innovation 1.
Altair's AI-powered engineering solutions are expected to have a significant impact on the aerospace industry. By leveraging these advanced technologies, companies can:
In related news, Altair has also announced the expansion of its channel partner network in Asia. The company has signed new agreements with resellers in Taiwan, further strengthening its presence in the region 2.
Altair's expansion in Taiwan includes partnerships with:
These collaborations aim to provide local customers with better access to Altair's comprehensive portfolio of simulation, data analytics, and high-performance computing solutions 2.
As Altair continues to innovate and expand its global reach, the company is poised to play a crucial role in shaping the future of aerospace engineering. The upcoming showcase at the Farnborough International Airshow 2024 and the expansion in Asia demonstrate Altair's commitment to driving technological advancements and supporting industries worldwide in their digital transformation journeys.
Altair signs MOU with the University of Nottingham to develop an aerospace digital twin project. The collaboration aims to advance research and innovation in the aerospace industry through the use of digital twin technology.
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Altair releases HyperWorks 2025, an advanced design and simulation platform that integrates AI, cloud computing, and multiphysics simulation to revolutionize product development and push towards a zero-prototype world.
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2 Sources
German conglomerate Siemens agrees to buy US-based tech company Altair for $10.6 billion, aiming to create the world's most comprehensive AI-powered design and simulation portfolio.
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3 Sources
James R. Scapa, founder, chairman, and CEO of Altair Engineering, has sold a significant portion of company stock. The transaction, valued at over $47 million, has caught the attention of investors and market analysts.
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GE Aerospace partners with the U.S. Department of Energy to enhance supercomputing capabilities for developing a new open fan engine architecture. The company also plans to hire 900 engineers, showcasing its commitment to innovation and growth in the aerospace industry.
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