- Positioning CAE as a leader in Advanced Air Mobility (air taxis) and green light aircraft technologies
- Creating digitally immersive solutions using data ecosystems and artificial intelligence
In partnership with the
The
Executives and employees of CAE joined the Right
"CAE is launching a major five-year Research and Development investment program which will reinforce CAE's position as a global technology leader, create high-value jobs and collaborations, and contribute to a greener, safer, and more inclusive world," said
"With advanced air mobility, we are on the cusp of a new era of aviation," Parent added. "Disruptive aerospace companies are building cutting edge aircraft and creating a new sector within the industry from the ground up. We are investing to position CAE to be one of the leaders in defining this emerging industry, supporting OEMs with the development, testing and certification of aircraft programs, simulation equipment and the delivery of training to the next generation of pilots and maintenance technicians. It is expected that close to 60,000 uniquely trained professional pilots will be needed to safely fly passengers and cargo in these electric Vertical Take-off and Landing vehicles, and CAE has the expertise to help make it happen."
CAE will harness its unique technological capabilities, long-standing expertise in supporting airworthiness test programs as well as its latest innovations in simulation, virtual/mixed reality (VR/MR) and data analytics to be at the forefront of disruptive mobility technologies such as eVTOL vehicles.
Through the project, CAE will invest in the development of electric aircraft technologies and solutions, including retrofitting its large fleet of light trainer aircraft to reduce its carbon footprint. CAE announced on
Creating jobs and investing in future talent
CAE will carry out Project Resilience in
CAE employs more than 11,000 people globally, with approximately half of them working in 18 locations across
The government investments are subject to the finalization of definitive agreements.
The investments in Project Resilience are in line with CAE's current pace of R&D investment.
Quotes from today's government announcement regarding investments in the aerospace industry
"The aerospace sector is a pillar of the Canadian economy, providing good jobs for Canadian workers from coast to coast to coast. It's essential that we support the long-term growth of the sector and help make
– The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry of
"These are major projects that will drive
– Mr.
About CAE
CAE is a high technology company, at the leading edge of digital immersion, providing solutions to make the world a safer place. Backed by a record of more than 70 years of industry firsts, we continue to reimagine the customer experience and revolutionize training and operational support solutions in civil aviation, defence and security, and healthcare. We are the partner of choice to customers worldwide who operate in complex, high-stakes and largely regulated environments, where successful outcomes are critical. As testament to our customers' ongoing needs for our solutions, over 60 percent of CAE's revenue is recurring in nature. We have the broadest global presence in our industry, with more than 11,000 employees, 160 sites, and training locations in over 35 countries. www.cae.com
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