Technological and engineering interests combine at International Airshow

12th July 2016
Posted By : Anna Flockett

A memorandum of understanding to promote technological and engineering interests has been signed by Altair and Progresstech at the Farnborough International Airshow this week. Under which Progresstech will provide engineering expertise and market positions to distribute Altair’s software technology and methods in Russia and the Commonwealth of Independent States.

The terms of the partnership include the promotion of Altair's HyperWorks Suite, solidThinking products and Altair’s methods for lead time reduction and weight optimization. Altair will support Progresstech to leverage and build competence in Altair’s optimization methodology and both companies will engage jointly in engineering projects when beneficial to the companies' clients. Both parties will work on a formal distribution agreement for Progresstech to become an official HyperWorks reseller in Russia and the CIS.

Progresstech is a group of companies that provides global engineering solutions to aerospace, automotive, energy industries, as well as airport infrastructures services. Whereas Altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance.

Dr. Pietro Cervellera, Managing Director, Altair Engineering GmbH believes that Progresstech is a well-known and established player for advanced engineering services world wide. “Their expertise and regional presence will help Altair, who has no direct local office in Russia, to establish the use of HyperWorks, solidThinking products and Altair's simulation driven innovation method in the Russian and related region's commercial and educational markets."

Vice President of International Cooperation, Progresstech Group, Ekaterina Vasilieva commented that the company is planning to include the Altair software as the primary tool enhancing our engineering processes. “This partnership will help us to reach and support new customers and Altair to establish their software and engineering methods in our region.”


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