TXT Group subsidiary PACE has been awarded two HORIZON 2020 grants by the European Commission

By PACE Aerospace & IT, Oct 02, 2017
Filed under: #Press Release , #Green Aviation , #People & Company , #Extended Reality , #Training & Ops Support , #Aircraft Analysis & Evaluation

csm_20171002_PACE_PR_H2020_079c55a723 (1)

MILAN/BERLIN, 2 October 2017 – TXT Group’s German subsidiary PACE will receive funding for two projects under HORIZON 2020, the European Union Framework Program for Research and Innovation. The projects address different aspects of the aircraft value chain and rely on TXT Group's long-standing expertise in Industry 4.0 and digital manufacturing:

  • The ICARUS project aims at contributing towards a solution for fully leveraging the benefits of Big Data for the aviation industry, which will bring together a wide range of sectors including aerospace, tourism, health, security, transport, retail and weather as well as the public sector.
  • The FASTEN project seeks to develop a framework for building a fully connected additive manufacturing system for highly customized products, which uses sophisticated software technologies for self-learning, self-opimization and advance control.

Both projects are being carried out in international consortia of leading industry and research organizations.

 

About Horizon 2020

Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020) – in addition to the private investment that this money will attract. It promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market.

Horizon 2020 is the financial instrument implementing the Innovation Union, a Europe 2020 flagship initiative aimed at securing Europe's global competitiveness.

More information is available online at ec.europa.eu/programmes/horizon2020/en/what-horizon-2020.

Media contact

Our Communication team will be happy to provide you with additional information or high-resolution images

Just get in touch!

Newsroom

Please also visit our digital press room at PresseBox for additional images.

LinkedIn

If you prefer to hear our news as it happens, why not follow us on LinkedIn for instant updates about our company, products and services as well as job vacancies and other opportunities.

Logo_pictogram_colours_white_letters

Founded in 1995, PACE Aerospace Engineering and Information Technology GmbH provides specialized software solutions that support customers in high-tech markets throughout their mission-critical processes and product lifecycles.

 

PACE develops innovative software that has helped design, market, and operate a significant portion of the world’s aircraft for more than three decades. Key application areas include preliminary aircraft and systems design, HMI & embedded graphics, product configuration, aircraft evaluation, fuel and operational efficiency management, and XR/AI-based training.

 

PACE's extensive customer base includes the world’s top aircraft and engine manufacturers, civil and military operators, maintenance providers, and research institutions. As a member of the TXT Aerospace & Defence cluster, PACE combines deep aviation expertise with the financial strength of the TXT Group, listed on the Italian Stock Exchange (STAR Segment: TXT.MI).

 

PACE  is subject to the management and coordination of TXT e-solutions Spa, holding company of the TXT Group.

  • pin

    PACE AEROSPACE ENGINEERING & INFORMATION

    TECHNOLOGY GMBH
    Valeska-Gert-Straße 1, 10243 Berlin, Germany

  • phone
    PHONE
    +49 30 29362-0
  • fax
    FAX
    +49 30 29362-111
  • email-white
    CONTACT US
  • support-center-new
    CUSTOMER SUPPORT