Safran S.A. has opened Safran Tech, a new research and technology center in the Paris-Saclay technology cluster in France. Safran Tech will eventually house some 300 scientists and engineers dedicated to research on key disciplines for all of Safran's business sectors. Safran Tech reflects Safran's corporate strategy of intensifying and pooling its R&T efforts to focus on several major disruptive technologies, in particular more electric aircraft, new aircraft propulsion architectures and new information and communications technologies.

Safran has already invested nearly E60 million in this venture, and the total will exceed EUR 80 million by 2018. Safran Tech will take the Group's R&T to a new plane by facilitating open innovation.