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
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/
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220717005010/en/
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
LTM Collaborates with Chainguard to Strengthen Software Supply Chain Security through BlueVerse™ RightLogic6.8.2026 14:30:00 EEST | Press release
LTM, the Business Creativity partner to the world's largest enterprises, today announced a strategic collaboration with Chainguard, the trusted source for open source, to strengthen software supply chain security through BlueVerse™ RightLogic, LTM's cybersecurity assessment and risk assurance framework. The collaboration enables organizations to strengthen security while maintaining the speed and agility required for AI-enabled software development. With BlueVerse RightLogic, LTM combines AI-powered cyber risk assessment with a growing ecosystem of technology partners to help enterprises identify, assess, and remediate cyber exposure while accelerating AI adoption. Chainguard strengthens the BlueVerse RightLogic ecosystem by helping enterprises secure open-source components from the outset, complementing LTM's cybersecurity services to close the gap between AI-speed discovery and enterprise-speed remediation. As AI adoption accelerates, complex software supply chains and growing relian
teamLab Borderless in Tokyo Welcomes Over 4 Million Visitors from more than 185 Countries6.8.2026 14:07:00 EEST | Press release
teamLab Borderless: MORI Building DIGITAL ART MUSEUM (teamLab Borderless) in Tokyo has welcomed over 4 Million visitors as of July 31, 2026, approximately 2 years and 5 months since its opening.*1 This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260806672709/en/ teamLab Borderless: MORI Building DIGITAL ART MUSEUM in Tokyo Welcomes Over 4 Million Visitors from more than 185 Countries These visitors arrived from more than 185 countries and regions. International visitors account for approximately 70% of the total number. Many of these international visitors travel from distant countries and regions, including the United States, Australia, Canada, the United Kingdom and Germany. Among those who visited Japan between February 2024 and June 2026, approximately 1 in every 12 travelers from the United States, and 1 in every 9 travelers from Australia visited teamLab Borderless.*2 teamLab Borderless was selected by the U.S. based int
Compass Pathways to Participate in Canaccord Genuity's 46th Annual Growth Conference on August 12, 20266.8.2026 14:00:00 EEST | Press release
Compass Pathways plc (Nasdaq: CMPS), a biotechnology company dedicated to unlocking urgently needed new treatment options in mental health care, announced today that management will attend the Canaccord Genuity's 46th Annual Growth Conference on August 12, 2026, and will participate in a fireside chat at 8:00am ET. Management will also participate in the Stifel Biotech Summit in Newport, Rhode Island, on August 10, 2026. A live audio webcast of this event will be accessible from the “Events” page of the Investors section of the Compass website. A replay of the webcast will be accessible for 30 days following each event. About Compass Pathways We believe mental health patients deserve the possibility of a better future. Compass Pathways plc (Nasdaq: CMPS) is a biotechnology company dedicated to unlocking urgently needed new treatment options in mental health care. Our initial focus is developing COMP360 psilocybin, a proprietary, investigational, synthetic psilocybin treatment under eva
Purina Named as First Publicly Announced NIQ ConnectAI Charter Client6.8.2026 13:45:00 EEST | Press release
NielsenIQ (NYSE: NIQ), a global leader in consumer intelligence, today named Purina as the first publicly announced client in its ConnectAI Charter Program. The announcement follows NIQ’s launch of the program with five global organizations across personal care, pet care, beauty and beverages, with additional client announcements and case studies expected as engagements advance. Through ConnectAI, NIQ forward-deployed engineers and data scientists are working within Purina’s technology environment to explore how NIQ consumer and market intelligence can support everyday AI-enabled workstreams and help teams access relevant insights more efficiently. "Understanding the needs of pet owners requires a clear view of how consumer behaviors, shopping habits, and category trends are evolving,” said Brian Donovan, Strategy and Insights, Purina. “Purina is working with NIQ to explore how its trusted intelligence can be incorporated into Purina’s everyday, AI-enabled workstreams, helping our team
Compass Pathways Working with U.S. Department of Veterans Affairs for Investigational Study of Psilocybin6.8.2026 13:30:00 EEST | Press release
Compass Pathways plc (Nasdaq: CMPS), a biotechnology company dedicated to unlocking urgently needed new treatment options in mental health care, announced today it is working with the U.S. Department of Verterans Affairs (VA) on a multi-site randomized controlled clinical trial. The study will evaluate the safety and efficacy of COMP360 psilocybin in the treatment of treatment-resistant depression (TRD) in veterans, including those with concurrent post-traumatic stress disorder (PTSD). The trial, titled "Psilocybin Intervention for Veterans Overcoming Treatment-Resistant Depression," or PIVOT, reflects VA’s commitment to pursuing innovative solutions for veterans who have not responded to existing treatments. Compass will donate the study drug - COMP360, a synthetic, proprietary pharmaceutical-grade formulation of psilocybin optimized for stability and purity. Compass will support the education and training of the investigators and their training team through the provision of training
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