IAI enters cleantech market

The company plans to use its wind tunnels and aerodynamics technology to improve the turbines now on the market.

Sources inform ''Globes'' that the board of Israel Aerospace Industries Ltd. (IAI) (TASE: ARSP.B1) has approved the company's entry into the wind and solar energy sectors. The company plans to exploit its turbine technology, wind tunnels, and aerodynamics engineering know-how to improve the turbines now on the market.

One of the most important facilities of IAI's engineering division is its wind tunnel, used to test models of planes and the operation of high-powered engines. The results of the aerodynamic tests of the models are then compared with the flight tests. The facility and know-how will now be used for renewable energy projects.

Published by Globes [online], Israel business news - www.globes-online.com - on March 20, 2008

© Copyright of Globes Publisher Itonut (1983) Ltd. 2008

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