Altair Signs Agreement with European Space Agency

Altair has established a collaboration agreement with the European Space Agency (ESA) via the ESA Partnership Initiative for Commercialization (EPIC). Through a letter of intent, Altair’s aerospace technology within the Altair HyperWorks and Altair RapidMiner platforms will be made available to all startups, companies, research centers, and universities throughout Europe who are collaborating with ESA or developing technologies with ESA support. 

“ESA is a reference point for anyone working in the space sector in Europe and across the world, constantly working with its local agencies to foster innovation throughout its programs. For Altair, partnering with ESA represents the coming together of two pioneers in the aerospace industry,” says Pietro Cervellera, senior vice president of aerospace and defense, Altair. “We are delighted to work together with the ESA to offer access to our simulation, AI, and data analytics solutions.”

Within EPIC, Altair’s artificial intelligence (AI)-powered engineering technology will enable ESA-supported startups to develop and test their products faster, giving them an opportunity to more quickly create minimum viable products (MVP). The initiative gives aerospace startups access to the same Altair simulation, data analytics, and AI technology used by other global aerospace organizations—along with Altair’s  consulting and technical mentorship.

“We look forward to helping expand the reach of Altair’s technology so organizations throughout Europe can leverage the best-in-class tools necessary to usher in the next generation of space innovation,” says Joana Kamenova, EPIC lead, ESA.

Joining the EPIC initiative solidifies Altair’s status in the aerospace industry and reinforces its commitment to industry-wide innovation. With its scalable and unified technology portfolio and consulting expertise. 

Established in 2022, EPIC connects corporate, academic, and institutional partners with ESA-supported startups. It aims to foster entrepreneurship and enhance the commercialization pathway of European startups by streamlining access to technology, according to ESA. 

Sources: Press materials received from the company and additional information gleaned from the company’s website.