Altair Supports Manta Aircraft's Innovative Long Range Hybrid Electric eVSTOL Program
Abu Dhabi, UAE - April 26, 2024
Abu Dhabi, 26th April 2024 – At DRIFTx Autonomous Mobility Event Altair (Nasdaq: ALTR), a global leader in computational intelligence, and Manta Aircraft, the pioneering OEM of the innovative long-range hybrid-electric eV/STOL (Vertical and Short Take Off and Landing) platform, today announced strategic support by Altair for Manta Aircraft's innovative program.
Tailored to meet the unique needs of the aerospace industry, Altair's Aerospace Accelerator Program offers unlimited simulation and data analytics software. Altair will provide software tools and computational intelligence solutions in the areas of digital engineering, AI, and data analytics technologies. This support will drastically accelerate Manta Aircraft's journey, reduce risks and costs, and facilitate data-driven critical decision-making processes.
“Altair is dedicated to support those who dare to push the limits of engineering to innovate faster and change the world,” said Paolo Colombo, Director of Strategy, Aerospace and Defense at Altair. “This commitment is exemplified through Altair's support of promising startups like Manta Aircraft, providing an acceleration program designed to overcome the specific challenges of the aerospace industry.”
Manta Aircraft will utilize these resources to finalize the design readiness for the manufacturing of 1:1 scale prototypes of their platform demonstrator "ANN2" within the next 12 months. Additionally, they will continue the design of other model "ANN Plus," a versatile multi-seater with 6 seats, and a drone configuration.
Lucas Marchesini, CEO Manta Aircraft: “ We at Manta are very grateful to Altair for their confidence in our project and their decision to support us with the tools and very specific expertise that Altair has acquired over the last few years. We are confident that we can solve outstanding technical challenges in the various areas of the Manta design by utilizing the remarkable variety of tools Altair has made available to us. We are proud taking part at DRIFTx, which supported new connections and facilitated tangible agreements.”
For more information about Manta Aircraft and Altair, please visit their respective websites or contact their media representatives.
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About Manta Aircraft
As a part of the emerging industry of Advanced and Regional Air Mobility, Manta Aircraft is developing an innovative solution for Aviation - a suite of hybrid-electric aircraft (capable of an eV/STOL capability - Vertical and Short Take Off and Landing). They can take off like a helicopter and fly like a plane and are able to serve short and long range needs. The technology is developed for long ranges at high speed at a fraction of the costs of a comparable helicopter, and we surpass eVTOL air taxis in terms of range, speed, and no-need for ground infrastructure. The vehicles are responding to the real needs of specific industries, for the roles of surveillance, rapid intervention (eg. disaster/emergency response), and transportation of specialty material and persons, and are ready to evolve to new markets performing new types of missions. The platform will give birth to multiple models, highly adaptable to different missions, optionally piloted, leveraging a blend of proven and innovative technologies.
