CBOE Holdings Inc.

06/18/2019 | Press release | Distributed by Public on 06/18/2019 13:29

Airbus, ANSYS Partner To Launch Autonomous Flight By 2030

Cboe - Market News Story

Airbus, ANSYS Partner To Launch Autonomous Flight By 2030

Tanzeel Akhtar 6/18/2019 1:55:00 PM

Airbus Defence and Space is partnering withANSYS (NASDAQ: ANSS) for it embedded software to develop an Unmanned Aerial Vehicle (UAV) that will be engineered for speed, safety and affordability.

Through this partnership, ANSYS and Airbus Defence and Space will collaborate to innovate a new ANSYS vehicle for enabling safety-critical flight controls with artificial intelligence, aiming at autonomous flight by 2030.

ANSYS shares were trading up 2.4% at $203.57 at time of publication.

Related Links:

3 Reasons Why Goldman Sachs Turned Bullish On Ansys

MoneyGram Shares Up 130% After Partnering With Ripple