Meridian Flight Systems Joins Altair Aerospace Startup Acceleration Program (ASAP)

Rhea-AI Summary

Altair (ALTR) has welcomed Meridian Flight Systems to its Aerospace Startup Acceleration Program (ASAP). Through this collaboration, Meridian will leverage Altair's advanced simulation, data analytics, and HPC software to enhance the development of their Corra unmanned aerial vehicle (UAV) and Hybrid Electric Range-Extending Microturbine Energy System (HERMES).

The partnership includes comprehensive access to Altair's simulation and optimization software for aerodynamics, structural integrity, and thermal systems, along with dedicated technical support. Both companies will collaborate on research initiatives, co-authoring papers and presenting at industry conferences to share insights from the projects.

Positive

• Strategic partnership providing Meridian access to advanced aerospace development tools
• Potential for joint research and development initiatives enhancing market visibility

Negative

• None.

Meridian to utilize Altair software and services to enhance development of Corra UAV and HERMES projects

TROY, Mich., Feb. 6, 2025 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, is thrilled to welcome Meridian Flight Systems to the Altair Aerospace Startup Acceleration Program (ASAP). Within ASAP, Meridian will utilize Altair's next-generation simulation, data analytics, and high-performance computing (HPC) software and technical support to enhance the development of the Corra unmanned aerial vehicle (UAV) and its Hybrid Electric Range-Extending Microturbine Energy System (HERMES).

"Meridian marks yet another fantastic addition to ASAP. We are excited to collaborate with them to push innovation in the development of heavy-lift UAVs," said Pietro Cervellera, senior vice president of aerospace and defense, Altair. "With our world-class software and technical support, we look forward to seeing what technologies arise from the Corra and HERMES projects."

"Joining ASAP marks a significant advancement in our mission to develop cutting-edge UAV and hybrid power technologies," said Saïf-Deen Akanni, chief executive officer and chief technical officer, Meridian Flight Systems. "Altair's best-in-class software solutions and technical expertise will be instrumental in optimizing the design and performance of the Corra UAV, while accelerating the development of the Hybrid Electric Range-extending Microturbine Energy System (HERMES) towards achieving airworthiness certification and operational readiness."

Altair's solutions and guidance will enable Meridian to optimize design processes, perform sophisticated simulations, and expedite the Corra UAV and HERMES projects from conception to certification and deployment. The collaboration's key aspects include:

• Comprehensive Software Access: Meridian will utilize Altair's advanced simulation and optimization software, encompassing aerodynamics, structural integrity, aeroelastics, and thermal systems.
• Dedicated Technical Support: Altair will provide expert guidance to ensure effective application of its software in complex aerospace projects.
• Collaborative Research Initiatives: Both companies will coauthor research papers and present at industry conferences, sharing insights and new data derived from the Corra UAV and HERMES projects.

Meridian will demonstrate how Altair's simulation tools facilitate the design, performance, and certification processes for both the Corra UAV and HERMES projects. This collaboration exemplifies a shared dedication to advancing aerospace innovation through rigorous analysis, data-driven research, and the broad dissemination of knowledge.

To learn more about ASAP, visit https://altair.com/aerospace-startup-acceleration-program. To learn more about Meridian, visit https://www.meridianflight.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 benefits does Meridian Flight Systems gain from joining Altair's ASAP program?

Meridian gains access to Altair's advanced simulation software, technical support, and collaboration opportunities for developing their Corra UAV and HERMES projects, including co-authoring research papers and industry presentations.

How will Altair's software support Meridian's Corra UAV development?

Altair's software will provide comprehensive simulation and optimization capabilities for aerodynamics, structural integrity, aeroelastics, and thermal systems analysis in the Corra UAV development process.

What is the scope of the Altair-Meridian collaboration in aerospace development?

The collaboration includes software access, technical support, and joint research initiatives focused on advancing both the Corra UAV and HERMES projects from conception to certification and deployment.

What technological capabilities will ALTR provide to Meridian's HERMES project?

ALTR will provide next-generation simulation, data analytics, and HPC software along with technical support to accelerate the development of the Hybrid Electric Range-extending Microturbine Energy System (HERMES).