REE Automotive selected by Airbus UpNext for Technological Expertise
TEL AVIV, Israel, March 05, 2024 - REE Automotive Ltd. (Nasdaq: REE) has recently been chosen by Airbus UpNext, the wholly-owned innovation subsidiary of Airbus SE, to leverage its expertise in REEcorner and full-by-wire control systems. This collaboration between two industry leaders highlights the growing significance of electric mobility and sustainable transportation.
Airbus UpNext focuses on conducting accelerated technological experiments and developing disruptive solutions for the aerospace industry. With a shared vision of innovation and sustainability, REE Automotive aligns perfectly with Airbus’ commitment to revolutionize transportation and reduce its environmental impact.
REE Automotive is an automotive technology leader that specializes in the development of electric propulsion platforms. Their cutting-edge REEcorner technology integrates all vehicle control systems, including steering, braking, suspension, and drive, into compact modules positioned within the wheel arch. This innovative design eliminates the need for traditional engines and transmissions, enabling unparalleled freedom in vehicle architecture and design.
By partnering with REE, Airbus UpNext gains access to REE Automotive’s advanced technological solutions and experiments with integrating them into their aerospace products. Airbus has recognized the potential for REEcorner technology to enhance the functionality of its aircraft systems, improving maneuverability, efficiency, and overall performance.
The full-by-wire control systems developed by REE Automotive further enhance the potential for electric mobility in the aerospace industry. These systems replace the conventional hydraulic, pneumatic, and mechanical systems with electronic controls, resulting in reduced weight, increased reliability, and enhanced safety. This collaboration will allow Airbus to integrate these systems seamlessly into their aircraft, creating more sustainable and efficient means of transportation.
Yifat Shemer, CEO of REE Automotive, expressed excitement about the collaboration, stating, By working with Airbus UpNext, we have the opportunity to combine our technological expertise to explore new frontiers in sustainable transportation. This partnership is a testament to the versatility and adaptability of our REEcorner technology, which has the potential to revolutionize not only the automotive industry but also the aerospace sector.
The partnership also offers REE Automotive the chance to expand its presence and influence in the aerospace industry, creating new opportunities for growth and diversification beyond its existing automotive focus. As air travel becomes increasingly electrified, REE Automotive is well-positioned to contribute its extensive know-how and advance the development of electric aerospace systems.
The collaboration between REE Automotive and Airbus UpNext signifies a remarkable milestone in the journey towards sustainable and electric mobility. By leveraging REEcorner technology and full-by-wire control systems, the partnership aims to transform transportation by making it more efficient, environmentally friendly, and accessible for future generations.
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