Altair and Auburn University to Collaborate on $1.25 Million AFWERX Contract to Advance Vortex Rocket Engines

Rhea-AI Summary

Altair (ALTR) and Auburn University's Samuel Ginn College of Engineering are collaborating on a $1.25 million AFWERX Phase II STTR contract to advance vortex rocket engines. The project will leverage Altair FlightStream, acquired from Research in Flight in April 2024, to develop analytical models for cyclonic flows and study vortex engine stability.

The collaboration aims to significantly reduce testing time, with FlightStream enabling predictions in minutes compared to the previous two-week timeframe. Auburn University's team, led by Dr. Joe Majdalani, will use FlightStream to identify optimal conditions within vortex engines and predict cyclonic flow performance and acoustic signature characteristics.

Positive

• Secured $1.25 million AFWERX contract for vortex engine development
• Technology reduces testing time from two weeks to minutes
• Strategic acquisition of Research in Flight enhances aerospace capabilities

Negative

• None.

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On the day this news was published, ALTR gained 0.48%, reflecting a mild positive market reaction.

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Altair® FlightStream™ to improve engine performance in a fraction of the time compared to traditional methods

TROY, 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 industry and demonstrates the power of our technology as we work closely with a prestigious institution such as Auburn University," said Pietro Cervellera, senior vice president of aerospace and defense, Altair. "FlightStream empowers users in unique ways, bridging the gap between high-fidelity CFD simulations and engineering demands to set industry standards for efficiency, accuracy, and speed."

Within the project, the Auburn University team – led by Dr. Joe Majdalani, the university's Hugh and Loeda Francis Chair of Excellence in the department of aerospace engineering – will use FlightStream to identify optimal conditions within vortex engines. FlightStream will help the team predict cyclonic flow performance and acoustic signature characteristics at a fraction of the time compared to previous methods. These models will enable users to rapidly predict the stability performance of thrust engines earlier in the design cycle over a range of operating conditions.

"This contract allows us to develop next-generation solutions for vortex engines and collaborate with Altair, whose decades of experience and technology now includes the tool from Research in Flight," Majdalani said. "Previously, each test seeking to study vortex engine capabilities and stability limitations took about two weeks. With FlightStream, these same predictions take just a few minutes. We are thrilled to see how these tools will transform this space."

The contract is awarded by AFWERX. AFWERX is the innovation arm of the United States Department of the Air Force (DAF) that harnesses cutting-edge American ingenuity from small businesses and startups to address the most pressing challenges of the DAF. Since 2019, AFWERX has executed over 6,200 new contracts worth more than $4.7 billion to strengthen the U.S. defense industrial base and drive faster technology transition to operational capability.

To learn more, visit Altair at Booth #16 at the American Aerospace & Defense Summit in Glendale, Arizona, December 4-5. To learn more about FlightStream, visit https://altair.com/altair-flightstream. To learn more about AFRL and AFWERX, visit https://afresearchlab.com/ and https://afwerx.com/.

About Altair

Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.

Media contacts
Altair Corporate	Altair Investor Relations
Bridget Hagan	Stephen Palmtag
+1.216.769.2658	+1.669.328.9111
corp-newsroom@altair.com	ir@altair.com
Altair Europe/The Middle East/Africa	Altair Asia-Pacific
Louise Wilce	Man Wang
+44 (0)7392 437 635	86-21-5016635 825
emea-newsroom@altair.com	apac-newsroom@altair.com

 

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SOURCE Altair

FAQ

What is the value of Altair's (ALTR) AFWERX contract with Auburn University?

The AFWERX Phase II STTR contract is valued at $1.25 million.

How much faster is Altair's (ALTR) FlightStream compared to traditional testing methods?

FlightStream reduces testing time from approximately two weeks to just a few minutes.

When did Altair (ALTR) acquire Research in Flight?

Altair acquired Research in Flight in April 2024.

What will Altair (ALTR) and Auburn University develop under the AFWERX contract?

They will develop analytical models for cyclonic flows, construct computational models, and study the stability of different vortex engines.