SINGAPORE: Italian industrial company Leonardo-Finmeccanica on Monday (May 23) announced it signed an agreement with Nanyang Technological University (NTU) to start a five-year research collaboration in integrated and innovative composites helicopter structure and aerodynamics.
The S$4.2 million research collaboration was signed in Rome and witnessed by Minister for Education, Universities and Research Stefania Giannini and Minister for Trade and Industry (Industry) S Iswaran at the Ministry for Education, Universities and Research. The agreement follows the memorandum of understanding signed in Singapore this February, the press release said.
This collaboration will enhance Leonardo-Finmeccanica's lead in advanced helicopter technologies and research capabilities and will provide NTU faculties and students unique access to helicopter industry expertise and know-how.
It will seek to further technology opportunities in the rapidly evolving rotary wing sector - whose changes are characterised by the progress in composite materials, reduction in hydraulics and dynamic components and growing efficiency in industrial processes, the company, which in April underwent a rebranding exercise to eventually be named Leonardo, added.
Joint projects may include research in innovative methods to advance the manufacturing of Leonardo-Finmeccanica’s products, through the use of new composite materials which are lighter and stronger. The collaboration will also expand aerodynamics research modelling, which can potentially improve overall flight performance, it said.
NTU had said in February the collaboration is expected to boost Singapore’s aerospace industry, and is also “well-aligned” with the Government’s Research, Innovation, and Enterprise (RIE) 2020 plan.