Altair Acquires Research in Flight, Forging a New Path for Aerodynamic Analysis
Altair, a global leader in computational intelligence, acquired Research in Flight, maker of FlightStream®, a powerful computational fluid dynamics (CFD) software widely used in aerospace, defense, marine, energy, turbomachinery, and automotive industries. FlightStream® enhances aerodynamic analysis with fast computational speeds, low hardware requirements, and unique capabilities like surface vorticity. The acquisition strengthens Altair's portfolio, catering to complex customer demands in aerospace, defense, urban air mobility, and eVTOL sectors.
Acquisition of Research in Flight expands Altair's portfolio in computational intelligence, strengthening its position in aerospace and defense industries.
FlightStream® offers advanced aerodynamic analysis capabilities, including subsonic to supersonic flow analysis with compressible effects and surface vorticity capabilities.
Integration of FlightStream® into Altair's offerings enhances design optimization for unconventional aircraft, providing valuable insights for engineers and designers.
FlightStream® is a standard tool in the aircraft designer's toolbox, with applications in the United States Air Force, NASA, and the U.S. Army, ensuring its credibility and reliability.
There might be challenges in integrating Research in Flight's operations and technologies into Altair's existing systems and processes, potentially leading to temporary disruptions or adjustments.
Insights
With Altair's acquisition of Research in Flight, we're observing a strategic move to consolidate its standing in the computational intelligence sphere. The integration of FlightStream® into Altair's suite of tools is a key development, expanding the company's footprint in important sectors such as aerospace and defense. This move may signal to investors a foresight in capturing a significant share of the market that focuses on aerodynamic analysis and simulation.
FlightStream® offers competitive advantages, including its user-friendly interface and impressive computational speed, which could potentially shorten design cycles and reduce costs for users. This is particularly salient for investors as these features may lead to increased adoption of Altair's services, potentially boosting revenue growth. Moreover, the software's versatility in various industries such as marine, energy and automotive could open up further avenues for market penetration.
Furthermore, Altair's positioning to service emerging sectors like urban air mobility and eVTOL is indicative of a forward-looking approach. These are nascent but rapidly evolving industries with enormous growth potential and early entry could provide Altair a strategic advantage over competitors. For investors, this suggests a company aligning its growth with future industry trends, potentially leading to an increase in long-term shareholder value.
From a financial perspective, the acquisition of Research in Flight might be a significant value-add for Altair in the mid to long term. Investors should pay attention to Altair's financial reports in subsequent quarters to evaluate the impact of this acquisition on the company's revenue and earnings. Efficiency gains from FlightStream®'s advanced capabilities could translate to cost savings and an expanded customer base, which could improve profit margins over time.
It's also important to examine the terms of the acquisition deal, such as the purchase price and how it was financed, to assess its effect on Altair's balance sheet. Robust financial health post-acquisition could signify a judicious use of capital that may reassure investors. In contrast, a significant leveraging to facilitate the acquisition could introduce financial risks that need to be monitored.
Altair's ability to integrate FlightStream® into the HyperWorks® platform and the strategic synergies achieved through this move could play a critical role in determining the acquisition's long-term success. Investors should look for evidence of successful integration and synergy realization as key indicators of the acquisition's contribution to shareholder value.
Flagship solution, FlightStream®, pushes the boundaries of modern computational techniques
FlightStream® is a user-friendly, yet powerful flow solver that bridges the gap between high-fidelity CFD simulations and the needs of engineers and designers. Its exceptionally fast computational speeds and low hardware footprint, coupled with a streamlined user interface and robust aerodynamic solver, make it an invaluable tool for early-stage rapid design iterations and in-depth aerodynamic studies for aerospace and defense applications and beyond. FlightStream® can capture subsonic to supersonic flows, including compressible effects and a unique surface vorticity capability. It leverages the strengths of panel method flow solvers and enhances them with modern computational techniques to provide a fast solver capable of handling complex aerodynamic phenomena.
"Our growth in the aerospace, defense, and surrounding industries has accelerated in recent years through our best-in-class computational intelligence solutions," said James R. Scapa, founder and chief executive officer, Altair. "The integration of FlightStream® into our portfolio will enhance our offering with its specialized, modern, and efficient approach to meet the increasingly complex customer demands in these industries, including the urban air mobility and eVTOL sectors."
FlightStream® allows for the rapid analysis of unconventional aircraft using a unique surface vorticity, flow-separation, and viscous analysis capability for both powered and unpowered configurations. It is augmented with integral boundary layer modeling, enabling users to capture viscous effects with a level of detail that is uncommon in traditional panel method applications. This integration facilitates a more comprehensive analysis of aerodynamic performance, providing insights that are crucial for design optimization.
"We are proud to be a standard tool in the aircraft designer's toolbox," said Vivek Ahuja, co-founder, Research in Flight. "Joining Altair will allow us to scale and reach countless engineers seeking best-in-class, powerful, and specialized tools for faster design iterations."
In addition to Ahuja, Research in Flight was co-founded by Roy Hartfield who has dedicated more than 30 years to the study of aerodynamics, propulsion, statistical analysis of air vehicles, and aircraft research. Hartfield is an aerospace engineering professor at the Samuel Ginn College of Engineering at
FlightStream® is a United States Air Force network-approved software and is also used at NASA Ames and Langley Research Centers, as well as by the
About Altair
Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.
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SOURCE Altair
FAQ
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