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2019-07-12: Siemens sells aircraft engine division to Rolls Royce

Takeover including 180 employees will be completed by the end of 2019

Siemens will sell one of its best future projects to the British engine giant Rolls Royce by the end of 2019. The Munich-based company announced that the development of the electronic aircraft engines. As part of the move 180 employees will be taken over by the engine manufacturer.

As Rolls Royce is one of Airbus' most important partners, the project for aircraft engines is in particularly good hands with the British company. The "E-Aircraft" project has already achieved several records with the Siemens department in recent years. Throughout 2019, the jointly developed idea for the first electric air taxi will also be phased out at Siemens.

The German "E-Aircraft” team had already developed the electric hybrid drive for regional aircraft based on an Avro jet set with Rolls Royce on the "E-Fan-X" demonstrator project in the past.
Siemens justified the sale by stating that it wanted to concentrate more on its original core businesses. The company did not reveal the sale price of the project.

It was important that the division with hybrid-electric propulsion systems for aircraft be transferred to a company that is very closely linked to the aerospace industry and where there will be a significant upturn in growth with the transfer.

According to Paul Stein, Chief Technology Officer at Rolls Royce, smaller aircraft will soon be powered by electricity. The larger aircraft will be better suited for hybrid propulsion, combining electricity with gas. They are already looking forward to welcoming the world-class Siemens team, whose employees come from Erlangen, Munich and Hungary.

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