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Stock impact report

IHI Brings Planet Closer to a Carbon-Free Future by Developing World’s First Aircraft Engine-Embedded Megawatt-Class Electric Motor

IHI CORP UNSP/ADR (IHICY) 
NASDAQ:AMEX Investor Relations: ihi.co.jp/en/ir
Company Research Source: Business Wire
TOKYO--(BUSINESS WIRE)--IHI Corporation (TOKYO: 7013) announces today it and several domestic partners jointly developed the world’s first one-megawatt-class (see note 1) electric motor (note 2) mounted inside a jet engine tail cone (note 3). This achievement is one fruit of the company’s More Electric Architecture for Aircraft and Propulsion (MEAAP) project. This technological innovation initiative aims to optimize the overall energy management of aircraft systems, including engines, to help cut their carbon dioxide emissions.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240111818823/en/Aircraft Engine-Embedded Megawatt-Class Electric Motor (Graphic: Business Wire)IHI developed this motor as part of R&D into advanced electric propulsion systems and electric hybrid systems under the Research and Development of Advanced Aircraft Systems for Practical Application Project of Japan’s New Energy and Industrial Technology De Show less Read more
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