Cyient Collaborates with Airbus for Cabin Engineering Services to support Future Connected Cabins

Cyient, a global Intelligent Engineering and Technology Solutions company, has announced that it has signed a multiyear services agreement with Airbus for Cabin and Cargo Engineering.

Following this agreement, Cyient has been selected by Airbus for the development of a part of its cabin 'Intelligent Core Management Platform' (iCMP). These systems focus on enabling faster software updates, easy and rapid customization, and proliferation of digital services in Cabin. Cyient has been working with Airbus, supporting the future-ready Cabins to deliver state-ofthe-art services requiring new technologies and significant data flow volumes.

"We thank Airbus for their confidence in our capabilities and partnering to work on their key future technology development programs. Cyient is committed to growing this partnership with Airbus to greater heights. We look forward to leveraging our technology expertise to support Airbus in their pursuit of transforming in-flight communication and diagnostics systems," said Karthikeyan Natarajan, Executive Director and CEO, Cyient.

Shares of Cyient Limited was last trading in BSE at Rs. 1894.50 as compared to the previous close of Rs. 1963.95. The total number of shares traded during the day was 30496 in over 4276 trades.

The stock hit an intraday high of Rs. 1972.50 and intraday low of 1810.00. The net turnover during the day was Rs. 57351290.00.

Source : Equity Bulls

Keywords

Cyient INE136B01020 Collaboration Airbus CabinEngineeringServices