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Altair and Airbus Group Sign Worldwide Multi-year Software Agreement

Agreement provides Airbus, Airbus Helicopters, and Airbus Defence & Space engineers access to all Altair software offerings

TROY, Mich., September 29, 2015 - Altair announced today it has reached an agreement with the Airbus Group that provides designers and engineers of its Airbus, Airbus Helicopters, and Airbus Defence & Space divisions, as well as of any other company to which the Airbus Group holds more than 50% of voting rights, access to Altair’s entire software portfolio, including the HyperWorks® CAE suite for its modeling, visualization, optimization and solver solutions.

The new agreement follows a prior Airbus strategic software decision for OptiStruct®, Altair’s structural analysis and optimization solution. Airbus has successfully applied OptiStruct on many programs to optimize the weight and performance of its aircraft structures, such as the A350 XWB program, for many years. Terms of the agreement provide every Airbus engineers very flexible access to Altair’s HyperWorks computer-aided-engineering (CAE), PBS Works™ high-performance computing (HPC), and solidThinking® design software solutions to support the development of lighter, high-performance aircraft structures.

“The Airbus decision marks an important milestone for HyperWorks as one of the preferred platforms to support simulation driven-design processes and structural lightweighting in the aerospace industry,” said Robert Yancey, Altair’s senior vice president of global aerospace. “We are delighted to continue our close and successful collaboration with the Airbus Group with this enhanced multi-year agreement. Through this high-level engagement, we look forward to enhancing our technology roadmaps and services offerings to support the diverse needs of Airbus, its suppliers and the industry as a whole to streamline the development of tomorrow’s exciting aircraft designs.”

In addition, the agreement complements and tightly aligns with a long term consulting collaboration between Airbus and Altair ProductDesign (APD). APD is Altair's global consulting services division, offering engineering expertise and development know-how for the aerospace and many other industries. Among other projects, APD assisted in pioneering Europe's first Optimization Center at Airbus, an innovative Altair consulting business model that delivers strategic execution of optimization technology on-location with program teams to achieve weight objectives. Today Altair has Optimization Centers deployed in over 20 aircraft and automotive OEM’s from around the world.


About Altair
Altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance. Privately held with more than 2,500 employees, Altair is headquartered in Troy, Michigan, USA and operates more than 45 offices throughout 24 countries. Today, Altair serves more than 5,000 corporate clients across broad industry segments. To learn more, please visit www.altair.com.

Media Contacts:
Altair Europe, the Middle East and Africa
Evelyn Gebhardt
+49 6421 9684351
gebhardt@bluegecko-marketing.de
Altair Corporate/North America
Jennifer Korail
+1-248-304-1429
korail@airfoilgroup.com

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