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Siemens AG Wittelsbacherplatz 2 80333 München, Germany http://www.siemens.com
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Siemens AG

Siemens sells electric aircraft-propulsion business to Rolls-Royce

(PresseBox) (Munich, )
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 Agreement signed: Rolls-Royce to acquire eAircraft
 Sale to accelerate development of sustainable air transport
 Rolls-Royce intends to become the leading supplier of electric and hybridelectric propulsion systems for aircraft
 Siemens will continue to support the transition to electric aviation with its digital solutions portfolio
 Closing expected in late 2019

Siemens and Rolls-Royce signed an agreement today at the International Paris Air Show in Le Bourget (France) for the sale of Siemens’ eAircraft unit. Through its Vision 2020+ company strategy, Siemens intends to sharpen its portfolio’s focus. For this reason, the company’s business with electric
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