Paris Air Show: Siemens Sells Electric Propulsion Business
Siemens signed an agreement to sell its eAircraft unit to Rolls-Royce at the Paris Airshow in Le Bourget, France, on Tuesday. Siemens eAircraft, which develops electric and hybrid-electric propulsion systems for the aerospace industry, has facilities in Germany and Hungary and employees approximately 180 people. Siemens reports that it has been working on electric aircraft […]