The aerospace group is seeking an initial £100 million to £200 million in public funding to help finance the development and testing of a demonstrator model for its UltraFan 30 engine, the newspaper reported, citing people familiar with the discussions, News.Az reports, citing Reuters.
The UltraFan programme is seen as a key part of Rolls-Royce’s long-term strategy to develop more fuel-efficient and lower-emission engines for wide-body aircraft. Securing early government backing could be critical for advancing the project to the next phase.
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The request comes as the UK looks to support high-value manufacturing and maintain its competitiveness in the global aerospace sector.
