Boeing and Safran Announce New APU Joint Venture Name | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

Airborne Unlimited-
Monday

Airborne-Unmanned w/AUVSI-
Tuesday

Airborne Unlimited-
Wednesday

AMA Drone Report-
Thursday

Airborne Unlimited-
Friday

Airborne On ANN

Airborne Unlimited-03.18.19

Airborne Unmanned-03.19.19

Airborne Unlimited-03.13.19

AMA Drone Report-03.14.19

Airborne Unlimited-03.15.19

Airborne-YouTube

Airborne Unlimited-03.18.19

Airborne Unmanned-03.19.19

Airborne Unlimited-03.13.19

AMA Drone Report-03.14.19

Airborne Unlimited-03.15.19

Mon, Feb 18, 2019

Boeing and Safran Announce New APU Joint Venture Name

Initium Aerospace Combines The Best Technologies And Services Of Boeing And Safran To Offer A More Competitive APU

Boeing and Safran have announce the name of their 50-50 joint venture to design, build and service Auxiliary Power Units (APUs): Initium Aerospace.

From its Latin roots, initium means 'the beginning' or 'to start.' This is what an APU is and does when it provides the power to start the main aircraft engines and systems on the ground and, if necessary, in flight. Initium Aerospace starts with Boeing's customer and airplane knowledge and Safran's experience designing and producing complex propulsion systems.

"This is an exciting milestone as we bring together the best of both companies to design and build an advanced APU that will create more lifecycle value for our customers," said Stan Deal, president and CEO, Boeing Global Services. "This is further proof that Boeing is making strategic investments that strengthen our vertical capabilities and continue to expand our services portfolio."

The creation of Initium Aerospace follows the regulatory and antitrust approvals the joint venture received last November, after an agreement was reached in June.

"I would like to congratulate everybody at Boeing and Safran who contributed to the creation of this new joint venture," said Philippe Petitcolin, CEO of Safran. "Initium Aerospace is swiftly capitalizing on the vast expertise of both partners to provide state-of-the-art APUs and innovative solutions to customers. Safran is proud and totally invested in supporting Boeing's growth and operators expectations. We look forward to presenting the first demonstrator engine to the market."

The initial team consists of employees from the two parent companies and is led by Etienne Boisseau, CEO of Initium Aerospace. Initial work is being done in San Diego, California, where they are focused on the next-generation APU design as well as collaborating with teams across Boeing and Safran on engineering and production.

(Source: Boeing news release)

FMI: www.boeing.com

Advertisement

More News

Airborne 03.15.19: 737 MAX Reaction, JetPack Aviation, Aviation Rideshare $$$

Also: Next FAA Administrator?, Costin Airport Acquired, Atlas Air Accident, CA Paraglider Accident The industry is weighing in on the FAA's decision to ground the domestic fleet of>[...]

Airborne-Unmanned 03.12.19: eHang IPO, UAVs v Tornadoes, Northwest UAVs

Also: SpaceX Crew Dragon, AUVSI USDPS Event, XQ-58A Valkyrie, Global Hawk At Avalon 2019 A Chinese drone company has plans to undertake an initial public offering in the US, in ord>[...]

Counting Down! ANN's Infamous April 1st Edition Is Back--With A Vengeance!

Send Us Your Wacky Ideas NOW! ANN E-I-C Note: Folks... we gotta warn you... our Annual April 1st Editions are LEGENDARY -- and after a break last year (due to a death in the family>[...]

Aero-Help Wanted: ANN REALLY Needs A Sales Pro

ANN/Airborne/Aero-TV Marketing Department Needs Part or Full Time Personnel E-I-C Note: For some reason, finding really motivated/honest/professional sales help has been a tough gi>[...]

AMA Drone Report 03.14.19: DRL Update, External Markings, DJI Canada

Also: Lego Disses Drones?, Drone Defibrillator Delivery, UK Airfield Restrictions, Airborne Programming The Drone Racing League (DRL) has announced a new streaming partnership with>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2019 Web Development & Design by Pauli Systems, LC