Aviation News, Boeing, Airbus

According to Ford, the agreement, which is expected to be finalized later this month, is designed to pave the way for future advancements in transportation. Specifically, Ford said nanotechnology could help the company identify ways to boost power in hybrid vehicle batteries, as well as aid researchers in the development of higher-capacity hydrogen storage tanks for automobiles.

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“Ford has a long history of research in the field of nanotechnology, and this relationship will strengthen our knowledge for the future,” said Ford vice president of research and advanced engineering Gerhard Schmidt. “As our chairman Bill Ford announced recently, innovation is the compass by which we are setting our company’s future direction — stylish in design, safer for families and first in technology that uses new fuels and offers new services to consumers. In line with this commitment, we are very pleased to be working with Boeing. They have been our long-time partner, and our joint collaboration with Northwestern University underscores just how serious we are about innovating for the future together.”

Ford also announced its dedication with Northwestern of a new $30-million engineering center on the school’s campus near Chicago, IL. The automaker provided a $10-million grant to build the new “Ford Motor Company Engineering Design Center” as part of the Robert R. McCormick School of Engineering and Applied Sciences.

Contact: Ford, website http://www.ford.com.