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Rolls-Royce is bringing the development of exciting, forward-looking equipment to Hungary, giving Hungarian engineers the chance to take part in work that today still belongs to the world of science fiction, Hungary’s Foreign Minister announced on Monday.
Announcing the new research and development (R&D) investment by British company Rolls-Royce, Péter Szijjártó said the company had received HUF 1.7 billion (4.6 million euro) in state support for its HUF 6.9 billion (18.6 million euro) project to continue its R&D programs and revolutionize all-electric and hybrid-electric aviation with its engineering solutions. The investment will create 20 additional jobs for engineers at the company’s Budapest office, in addition to the current 120.
Rolls-Royce Electrical has already demonstrated its advanced engineering technologies in pilot programs such as the development of the H3PS four-seater aircraft, where the Hungarian team was responsible for the design of the world’s first parallel hybrid-electric propulsion system and power electronics.
Announcing the investment, the Foreign Minister stressed that the increase in R&D investment would also result in an expansion of production capacity. “This shows the interplay of quantity and quality: where technologies of the new era are developed, there is a good chance that the production capacities of the new era will also emerge,” he said. In this context, the politician welcomed the fact that
spending on research and development in the Hungarian budget has risen to more than HUF 1,000 billion (2.7 million euros), which already accounts for more than one percent of the GDP.
In the Rolls-Royce Hungary statement, Sara Poxon, Rolls-Royce Electrical Operations Director, is quoted as saying that the government’s support is further recognition that sustainable technology solutions are transforming the modern aviation market. “The support will help accelerate the technology breakthroughs Rolls-Royce needs to contribute to the goal of making the entire aviation industry carbon neutral by 2050,” she added.
“Rolls-Royce Hungary engineers have already achieved significant milestones in the development of all-electric and hybrid-electric systems. By working with government, industry partners, universities, and research institutes, as well as professional associations, we can create the technical solutions that the modern aviation market increasingly needs,” emphasized Gergely György Balázs, managing director of Rolls-Royce Hungary.
Via MTI, Featured photo via Facebook/Rolls-Royce Magyarország