Business Wire

Ricardo Signs Multi-year Deal to Develop Hybrid-electric Aerospace Technology With Pratt & Whitney Canada

18.7.2022 02:01:00 EEST | Business Wire | Press release

Share

Ricardo, a global strategic, environmental, and engineering consulting company, has signed a multi-year deal with Pratt & Whitney Canada, a world leader in the design, manufacture and service of aircraft and helicopter engines and auxiliary power units.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220717005010/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

The Pratt & Whitney Canada Regional Hybrid-Electric Demonstrator is based on a De Havilland Canada Dash 8 experimental aircraft (Photo: Business Wire)

The multi-year deal will see the Ricardo aerospace engineering team support Pratt & Whitney Canada in the development of advanced hybrid-electric propulsion technologies for next generation aircraft. The project is part of Pratt & Whitney Canada’s regional hybrid-electric flight demonstrator programme. The company is targeting a 30% improvement in fuel efficiency and commensurate reduction in carbon dioxide emissions, compared to today’s most advanced turboprop engines for regional aircraft.

Adrian Schaffer, President of Emerging Mobility at Ricardo, said: “We’re delighted to have signed this deal with Pratt & Whitney Canada. It represents a significant milestone for our business, as we look to expand our capabilities and footprint in North America and explore new opportunities supporting the decarbonisation of the global aerospace sector. This project will help us build on our existing reputation for the innovative design and delivery of future-forward solutions for aerospace customers, creating clean, efficient, and integrated propulsion systems for next generation aircraft and building on our vision of creating a safe and sustainable world.”

Jean Thomassin, Executive Director new products and services, Pratt & Whitney Canada said: “Hybrid-electric propulsion technology is a core element of our strategy for continually advancing the efficiency of aircraft propulsion systems, in support of the industry-wide goal of achieving net zero carbon dioxide emissions for aviation by 2050. Our collaboration with Ricardo brings valuable expertise around component design, system integration, and testing, which will ultimately enable us to demonstrate the potential of this technology, with ground testing starting later this year and eventual flight tests in 2024.”

The deal represents a significant investment in Ricardo’s aerospace capabilities and resource, as it looks to explore new opportunities to work with customers in the global aerospace sector, which includes policy, strategy, technology implementation and consultancy.

Ends

About Ricardo

Ricardo plc is a global strategic, environmental, and engineering consulting company, listed on the London Stock Exchange. With over 100 years of engineering excellence and employing close to 3,000 employees in more than 20 countries, we provide exceptional levels of expertise in delivering innovative cross-sector sustainable outcomes to support energy transition and scarce resources, environmental services together with safe and smart mobility. Our global team of consultants, environmental specialists, engineers and scientists support our customers to solve the most complex and dynamic challenges to help achieve a safe and sustainable world. Visit www.ricardo.com

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Kathryn Bellamy, Global Senior Communications Manager
Email: Kathryn.bellamy@ricardo.com
Telephone: +44 (0)7921 941824

Amanda Woolley, Communications Manager, A&I and PP
Email: amanda.woolley@ricardo.com
Telephone: +44 (0) 07548 110920

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

TestMu AI Launches Official n8n partner integration, Bringing Real Browser Infrastructure to AI Agent Workflows18.6.2026 16:25:00 EEST | Press release

TestMu AI (formerly LambdaTest), the world's first Full-Stack Agentic AI Quality Engineering platform, today announced the launch of its official TestMu AI Agent partner integration for n8n, one of the fastest-growing workflow automation platforms for AI agents and enterprise automation. Available as an n8n verified and partnered Community Node, the TestMu AI Agent integration enables developers to connect AI agents and automated workflows to TestMu AI's Browser Cloud, providing access to more than 3,000 browser, operating system, and device environments without requiring single line of code as well. As organizations increasingly adopt AI agents for business automation, browser access has emerged as a critical capability. The new integration allows n8n users to equip their workflows with real cloud-hosted browsers capable of interacting with web applications, navigating dynamic websites, and executing browser-based tasks at scale. "AI agents need reliable ways to interact with the web

One NZ Future-Proofs Its Oracle Estate and Accelerates AI Innovation with Rimini Street18.6.2026 16:00:00 EEST | Press release

Rimini Street, Inc. (Nasdaq: RMNI), the Software Support and Agentic AI ERP Company™ and the leading third-party support provider for Oracle, SAP and VMware software, today announced One New Zealand (NZ) is leveraging Rimini Street’s support and interoperability solutions to ensure its critical Oracle systems remain secure, stable and reliable, while enabling the organization to redirect investment and talent toward modernization and AI initiatives. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260618762726/en/ One NZ Future-Proofs Its Oracle Estate and Accelerates AI Innovation with Rimini Street One NZ serves 2 million customers with mobile, broadband and satellite solutions, connecting businesses and communities across 99% of New Zealand. As part of its transformation journey, the telco sought a strategic partner to support and stabilize its complex Oracle estate, including Siebel CRM, Oracle Database and other Oracle ap

i2c Honored for AI-Powered Fraud Detection at The Digital Banker MEA Innovation Awards 202618.6.2026 16:00:00 EEST | Press release

i2c Inc., a global financial technology innovator, today announced it has won the “Best AI-Powered Fraud Detection Solution by a Vendor” award at The Digital Banker Middle East & Africa Innovation Awards 2026. The award recognizes i2c's innovative use of artificial intelligence to help financial institutions and fintechs strengthen fraud prevention, improve authorization performance, and deliver more secure payment experiences. As fraud schemes become increasingly sophisticated and fast-moving, i2c's AI-driven fraud management capabilities enable clients to identify suspicious activity in real time while minimizing friction for legitimate cardholders. Built into i2c's unified banking and payments platform, the company's AI-powered fraud risk management capabilities are embedded directly within its single-platform architecture, enabling real-time risk assessment and intelligent authorization decisioning. By combining advanced technology with a configurable platform architecture, i2c hel

Hytera Wins Two ICCA Awards and Showcases AI-Powered Innovations at CCW 202618.6.2026 16:00:00 EEST | Press release

Hytera, a leading global provider of critical communications technologies and solutions, concluded a successful participation at Critical Communications World (CCW) 2026 in London, showcasing its latest AI powered and mission critical communications innovations while receiving two awards at the International Critical Communications Awards (ICCAs) 2026. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260618560904/en/ Hytera is recognized with two ICCA awards at CCW 2026 Held alongside CCW on June 16, the ICCAs ceremony recognized excellence across the global critical communications industry. Hytera received five nominations and won two awards, namely Best Hybrid Device for the Hytera PDC650 Dual-mode Rugged Radio and Best Use of Critical Communications in Transport for Hytera 5G MCX Solution for Xi'an Xianyang International Airport. The recognition highlights Hytera’s continued innovation in critical communications technologie

METRO AG Achieves Major Milestone in Partnership with Wipro Towards AI-Led Transformation18.6.2026 15:47:00 EEST | Press release

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading AI-powered technology services and consulting company, today announced the successful completion of a large-scale, multi-year data center migration program for METRO, a leading international food wholesaler. This milestone in METRO’s enterprise cloud transformation journey enables a resilient, scalable, and future-ready digital foundation that supports the company’s long-term growth ambition. Additionally, the program is a core pillar of METRO’s cloud-first strategy and long-term digital transformation agenda. “The successful completion of this program marks a key milestone in METRO’s transformation journey towards a scalable, cloud-based and AI-ready IT landscape,” said Khaled Bagban, Chief Information Officer, METRO AG. “Together with Wipro and our partner ecosystem, we have established a resilient and future-ready digital foundation that enables us to accelerate innovation and drive AI adoption at scale. This achievement

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye