CSIRO and Boeing sign $25 million strategic agreement
The CSIRO and Boeing have signed a five-year, $25 million strategic research program that will aim to develop new innovation in space sciences, advanced materials energy and direct manufacturing with an objective to drive improvements and productivity in the Australian economy.
"A partnership, with a global company such as Boeing, helps CSIRO get its science from the laboratory into industry so that people can benefit from the discoveries and developments," Senator Chris Evans, said today.
During the 23-year partnership, CSIRO and Boeing have jointly invested about $110 million across a wide range of projects, including world-leading technology innovations in sustainable aviation fuels, aircraft assembly processes, fire retardants and aircraft maintenance management software.
"This new $25 million agreement represents the next stage in what has been an extremely successful relationship between CSIRO and Boeing that has delivered real technological breakthroughs for the industry," Ian Thomas, President of Boeing Australia & South Pacific said.