Altair Drives Aerospace Innovation at Motivo

Rhea-AI Summary

Altair (Nasdaq: ALTR), a leader in computational intelligence, has announced its collaboration with Motivo, a product engineering firm. Motivo is utilizing Altair's engineering consulting and software to drive innovation in the aerospace industry. The partnership focuses on advancing engineering innovations, particularly in prototype development and testing for aerospace propulsion systems.

Motivo employs Altair's HPCWorks and HyperWorks platforms to meet design performance and optimization targets for next-generation subsystems, including propeller assemblies for VTOL aircraft. Altair's simulation and HPC tools enable Motivo to streamline design processes and leverage AI-powered engineering capabilities. The collaboration aims to deliver superior product designs for Motivo's aerospace clients, focusing on areas such as stiffness, fatigue life cycle, modal frequency, and safety margins.

Positive

• Collaboration with Motivo expands Altair's presence in the aerospace sector
• Altair's technology streamlines Motivo's design and development processes
• Partnership enables AI-powered engineering capabilities for aerospace innovations
• Altair provides 24/7 access to technical and domain expertise to support Motivo's projects

Negative

• None.

Insights

Tech Expert

Altair's collaboration with Motivo demonstrates the growing importance of AI-powered engineering and simulation tools in aerospace innovation. By leveraging Altair's HPCWorks and HyperWorks platforms, Motivo can tackle complex analysis and prototype development more efficiently, particularly for cutting-edge aerospace propulsion systems like VTOL aircraft propellers.

This partnership highlights several key industry trends:

• Increased reliance on advanced simulation and HPC tools to accelerate product development cycles
• Growing adoption of AI in engineering workflows to optimize design processes
• Rising demand for multidisciplinary expertise in aerospace engineering, combining mechanical, electrical and software capabilities

For Altair, this collaboration showcases its strong position in the aerospace sector and potential for revenue growth. However, the impact on stock performance may be unless it leads to significant new contracts or market share gains in the competitive CAE software market.

Financial Analyst

While this partnership demonstrates Altair's strong positioning in the aerospace sector, its direct financial impact is likely Key financial considerations include:

• Potential for incremental revenue growth from expanded use of Altair's software and consulting services by Motivo and its clients
• Enhanced competitive positioning in the aerospace market, which could lead to new customer acquisitions
• Possible margin improvements if the partnership drives increased adoption of high-margin software products

However, without specific financial details or contract values, it's difficult to quantify the immediate impact on Altair's $8.1 billion market cap. Investors should monitor future earnings reports for any material contribution from this collaboration or similar aerospace partnerships. The news is positive but likely not a significant stock mover in the short term.

Altair's best-in-class consulting expertise and AI-powered engineering technology help Motivo deliver superior product designs

TROY, Mich., Oct. 15, 2024 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational intelligence, is proud to announce its collaboration with Motivo, a product engineering firm focused on translating forward-thinking visions into best-in-class products for clients in the mobility, energy, agriculture technology, and aerospace sectors. Motivo utilizes Altair's unique combination of engineering consulting and software to drive innovation for organizations in the aerospace industry.

"We are delighted to collaborate with Motivo and help them advance their engineering innovations by applying leading technology and industry expertise to their process," said Pietro Cervellera, senior vice president of aerospace and defense, Altair. "Altair has a long history of empowering customers in the aerospace sector to create safer, better, and more sustainable aircraft. Helping Motivo achieve these same outcomes for its clients is just another example that demonstrates our commitment to helping shape a more innovative aerospace sector."

Motivo uses Altair's leading technology portfolio to tackle complex analysis and simulation work – particularly in prototype development and testing for aerospace propulsion systems. Motivo has found success using an array of tools from the Altair^® HPCWorks^® and Altair^® HyperWorks^® platforms to meet design performance and optimization targets for next-generation subsystems and components such as propeller assemblies for vertical takeoff and landing (VTOL) aircraft.

"Altair's combination of technical experience, flexibility, and powerful computational software have positioned them to be a key contributor to the success of many of our projects," said Damon Pipenberg, chief technical officer, Motivo. "Their technology has streamlined our processes, fostered more extensive collaboration, and generally allowed us to design better products for our clients faster."

Altair's simulation and high-performance computing (HPC) tools enable Motivo to streamline their design and development processes and leverage true artificial intelligence (AI)-powered engineering capabilities. Motivo also leverages Altair's unmatched consulting and technical support expertise to take their designs from concept to reality. Having unlimited 24/7 access to Altair's wealth of technical and domain expertise – in addition to Altair's leading software portfolio – helps Motivo meet design performance targets in areas such as stiffness, fatigue life cycle, modal frequency, safety margins, and more.

Altair gives Motivo the tools, know-how, and support needed to deliver game-changing results for their aerospace clients on time and on budget. Altair's capabilities help Motivo perform faster and more accurate analyses, democratize access to compute resources, bolster collaboration, and harness the transformative power of AI-powered engineering workflows.

Founded in 2010 and headquartered in Gardena, CA, Motivo supports a variety of clients, ranging from startups to Fortune 500 firms, in an array of industries including AgTech, mobility, aerospace, consumer electronics, energy, and autonomy. The company's multidisciplinary team includes electrical, mechanical, controls, and software engineers that leverage a unique product development process to efficiently bring ideas from concept to production, including brainstorming sessions, rapid prototyping, in-house manufacturing, assembly, testing, and low-volume production.

To learn more about Altair's work in the aerospace sector, visit https://altair.com/aerospace.

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.

Media contacts
Altair Corporate	Altair Investor Relations
Bridget Hagan	Stephen Palmtag
+1.216.769.2658	+1.669.328.9111
corp-newsroom@altair.com	ir@altair.com
Altair Europe/The Middle East/Africa
Louise Wilce
+44 (0)7392 437 635
emea-newsroom@altair.com

 

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SOURCE Altair

FAQ

What is the purpose of Altair's collaboration with Motivo?

Altair's collaboration with Motivo aims to drive aerospace innovation by providing engineering consulting and AI-powered technology to help Motivo deliver superior product designs for their clients in the aerospace industry.

How does Motivo use Altair's technology in aerospace projects?

Motivo uses Altair's HPCWorks and HyperWorks platforms for complex analysis and simulation work, particularly in prototype development and testing for aerospace propulsion systems, including propeller assemblies for VTOL aircraft.

What benefits does Altair's technology bring to Motivo's aerospace projects?

Altair's technology streamlines Motivo's design processes, enables AI-powered engineering capabilities, and provides access to technical expertise. This helps Motivo meet design performance targets in areas such as stiffness, fatigue life cycle, modal frequency, and safety margins.

How does the Altair (ALTR) and Motivo collaboration impact the aerospace industry?

The collaboration aims to advance engineering innovations in the aerospace sector, helping to create safer, better, and more sustainable aircraft through the use of Altair's leading technology portfolio and consulting expertise.