Engine-maker Rolls-Royce and GKN Aerospace have formed a joint venture to advance propulsion system technology, the companies said.
The venture is for the research and development of composite materials for use in aerospace engine fan blades, the companies said. Rolls Royce will own 51 percent of the venture, with GKN owning the rest.
Rolls Royce is researching technologies in a move towards a lighter, more environmentally efficient engine.