Half of the 40 million euros in funding is financed from the supplementary budget of the Bavarian state and the other half by industry. The money is primarily slated to benefit the aerospace industry in Augsburg. MAI Carbon (MAI stands for “Munich Augsburg Ingolstadt”), a Carbon Composites e. V. (CCeV) initiative, will take care of the required coordination. This, in turn, is an Augsburg-based association of more than 200 companies and research institutes from Germany, Austria and Switzerland working in the field of high-performance fiber composites.

Bavaria is leveraging the funding program to strengthen Augsburg’s position as one of the leading international locations for the research and use of lightweight construction materials such as carbon. In addition to the aerospace industry, the Bavarian automotive and sports industries as well as the e-mobility and environmental technologies, mechatronics, automation, IT and embedded systems sectors are also expected to benefit from the research.