Altair and Auburn University to Collaborate on $1.25 Million AFWERX Contract to Advance Vortex Rocket Engines
Altair Engineering Inc. - Class A (ALTR)
Last altair engineering inc. - class a earnings: 2/27 04:05 pm
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Source: PR Newswire
Altair® FlightStream™ to improve engine performance in a fraction of the time compared to traditional methodsTROY, Mich., Dec. 4, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, will work together with Auburn University's Samuel Ginn College of Engineering on a $1.25 million AFWERX Phase II STTR contract. The two organizations will develop analytical models for cyclonic flows, construct computational models, and study the stability of different vortex engines to address the challenges facing public and private sector aerospace organizations.Within the contract, Altair is assuming the previous role of Research in Flight, which was founded in 2013 and won a series of development contracts and grants over a 10-year span. Altair acquired Research in Flight in April 2024 and its technology is now known as Altair® FlightStream™, part of the Altair® HyperWorks® platform."This opportunity continues Altair's legacy of innovation in the aerospace indus
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ALTR
Earnings
- 10/30/24 - Beat
ALTR
Sec Filings
- 12/26/24 - Form 4
- 12/20/24 - Form 144
- 12/18/24 - Form DEFM14A
- ALTR's page on the SEC website