The Aerospace Technology Institute (ATI) has today published a statement announcing that due to budget pressure as a result of high demand it is suspending new applications to the ATI Programme.
Forecast spending will be reviewed each month to test when the programme can be reopened, which the ATI expects will be in the financial year 2022/23. The ATI has a current portfolio of 175 live projects, and will spend £150m in the 2021/22 financial year.
Projects with existing grant agreements, or those going through the grant award process will not be affected nor will plans for NATEP or R&D Funding for Smaller Business competitions. The ATI is encouraging current and future applicants to contact it to discuss their research plans and seek support.
Commenting on the announcement, ADS Chief Executive Kevin Craven said:
“The sustained high level of demand for ATI funding shows the success of its programmes and the broad range of advanced innovation taking place today across the UK aerospace industry.
“This suspension of new applications will be particularly disappointing to small companies now looking for support to develop the next generation technology needed to achieve net zero aviation.
“Boosting the ATI’s long-term funding from Government and industry is essential to ensuring that this technology for the future of flight is developed here in the UK, generating vital manufacturing exports and prosperity.”