India's first public-private aerospace research consortium, will develop wireless and other network technologies for aerospace-related applications. Initially established as a four-year collaborative effort, the agreement can be extended based on mutual interests, a Boeing press release here today said. Financial terms of the agreement were not disclosed. Researchers from Boeing Phantom Works, the company's advanced R and D unit, and Commercial Airplanes will represent Boeing.
''This collaborative approach will help permit research at IISc to be used for appropriate and interesting applications in the aerospace industry,'' said Prof Veni Madhavan, chief executive of IISc's Society for Innovation and Development.
''It is part of Boeing's strategy to leverage top research capabilities anywhere in the world and we look forward to working with our Indian partners to benefit from their tremendous capabilities and talents in this area,'' says Naveed Hussain, Engineering and Technology vice president for Boeing in India.