on FIGEAC AERO (EPA:FGA)
FIGEAC AÉRO Ventures into Future Industry with France 2030 Support

FIGEAC AÉRO, a key player in the aerospace sector, is taking a significant step by investing in the "SUCHI" integrated supply chain project, with a €0.8 million backing from France's Civil Aviation Research Council (CORAC) and Directorate for Civil Aviation (DGAC). This move aligns with the objectives of the France 2030 investment program focused on bolstering industrial competitiveness and future technologies, especially those promoting decarbonisation.
The aerospace industry has surpassed pre-crisis levels, showcasing renewed demand for new commercial aircrafts. This requires ramping up production rates and addressing technological challenges, where FIGEAC AÉRO plays a crucial role. The company committed over 4% of its 2023/24 revenue to R&D, seeking to enhance industrial processes and meet future aerospace industry demands.
Participation in the SUCHI project underscores FIGEAC AÉRO's strategy for innovation and collaboration with other industry leaders, aiming to streamline the aerospace value chain. The project is expected to enhance speed, efficiency, and foresight, vital for managing fluctuating demand and advancing decarbonisation efforts.
R. H.
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