Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.
BREAKING NEWS

Siemens sells aerospace startup to Rolls-Royce

Siemens sells aerospace startup to Rolls-Royce
FILE PHOTO: The logo of Rolls Royce is pictured on an engine of an Airbus A330-800 aircraft after a flight event presentation in Colomiers near Toulouse, France, November 6, 2018. REUTERS/Regis Duvignau -
Copyright
REGIS DUVIGNAU(Reuters)
Euronews logo
Text size Aa Aa

FRANKFURT (Reuters) – Siemens struck a deal to sell its in-house startup Siemens eAircraft to Rolls-Royce for an undisclosed sum, it said on Tuesday.

Siemens eAircraft, which develops electric and hybrid-electric propulsion systems for the aerospace industry, has about 180 employees.

(Reporting by Christoph Steitz; Editing by Tassilo Hummel)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.