Latest news with #HDHyundaiHeavyIndustries
Korea Herald
21-05-2025
- Automotive
- Korea Herald
Altair and HD Hyundai Heavy Industries Sign MoU to Advance Eco-Friendly Marine Engine Development Technologies with AI and Simulation
Accelerating innovation in eco-friendly marine engine development with AI-powered engineering TROY, Mich., May 21, 2025 /PRNewswire/ -- Altair, a global leader in computational intelligence, has signed a strategic memorandum of understanding (MoU) with the Engine Research Institute at HD Hyundai Heavy Industries to enhance the performance of eco-friendly marine engines and power AI-driven development initiatives. "This collaboration goes beyond technology development—it is a strategic partnership to shape the future of marine engine development," said Pietro Cervellera, senior vice president of aerospace and defense, Altair. "By combining Altair's global technological capabilities with HD Hyundai Heavy Industries' expertise in eco-friendly marine engines, we aim to set a new standard for sustainable engine and machinery business." Altair was recently acquired by Siemens, a global leader in industrial software, to extend its leadership in simulation and industrial artificial intelligence. Altair technology is being integrated with the Siemens Xcelerator portfolio. Sungchan An, Ph.D., vice president and head of the Engine Research Institute, HD Hyundai Heavy Industries, stated, "HD Hyundai Heavy Industries and Altair have continuously collaborated on the development of simulation technologies for high-quality HiMSEN engine designs. With Altair now part of Siemens, the development of next-generation engine design technologies—such as virtual product development and AI-based engine simulation—is expected to further accelerate." This partnership comes in response to increasingly stringent environmental regulations in the global shipping industry. As digital transformation and technology advancement become critical in shipbuilding, Altair and HD Hyundai Heavy Industries will work together to strengthen innovation through simulation and AI technologies for eco-friendly marine engine development. Under the agreement, Altair and HD Hyundai Heavy Industries will collaborate to: Altair has proven its technological expertise in simulation-driven design and AI-powered predictive analytics through collaborations with major shipbuilders worldwide. With this collaboration, Altair will actively support HD Hyundai Heavy Industries in advancing eco-friendly marine engines and delivering tangible results in areas such as design efficiency, reduced development cycles, and performance enhancement. Altair is expected to contribute meaningfully to improvements in design efficiency, shorter development cycles, and enhanced performance by leveraging synergies with Siemens' industrial software technologies. Altair continues to expand the application of its solutions across various industries by combining its AI and simulation expertise with Siemens' industrial software technologies following the acquisition. To learn more about Altair, visit To learn more about HD Hyundai Heavy Industries, visit About Altair Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair is part of Siemens Digital Industries Software. To learn more, please visit or About HD Hyundai Heavy Industries (HHI) Under its parent company HD Hyundai, HD Hyundai Heavy Industries (HHI) is leading the global shipbuilding and offshore engineering industry, delivering sustainable and efficient products that meet the world-class standards. Owning the world single largest shipyard and world's largest marine engine maker, HHI has built a strong reputation over its 50-year history for delivering world-leading commercial and naval vessels, along with complex EPC projects that require precision and reliability. To learn more, please visit or
Yahoo
21-05-2025
- Automotive
- Yahoo
Altair and HD Hyundai Heavy Industries Sign MoU to Advance Eco-Friendly Marine Engine Development Technologies with AI and Simulation
Accelerating innovation in eco-friendly marine engine development with AI-powered engineering TROY, Mich., May 20, 2025 /PRNewswire/ -- Altair, a global leader in computational intelligence, has signed a strategic memorandum of understanding (MoU) with the Engine Research Institute at HD Hyundai Heavy Industries to enhance the performance of eco-friendly marine engines and power AI-driven development initiatives. "This collaboration goes beyond technology development—it is a strategic partnership to shape the future of marine engine development," said Pietro Cervellera, senior vice president of aerospace and defense, Altair. "By combining Altair's global technological capabilities with HD Hyundai Heavy Industries' expertise in eco-friendly marine engines, we aim to set a new standard for sustainable engine and machinery business." Altair was recently acquired by Siemens, a global leader in industrial software, to extend its leadership in simulation and industrial artificial intelligence. Altair technology is being integrated with the Siemens Xcelerator portfolio. Sungchan An, Ph.D., vice president and head of the Engine Research Institute, HD Hyundai Heavy Industries, stated, "HD Hyundai Heavy Industries and Altair have continuously collaborated on the development of simulation technologies for high-quality HiMSEN engine designs. With Altair now part of Siemens, the development of next-generation engine design technologies—such as virtual product development and AI-based engine simulation—is expected to further accelerate." This partnership comes in response to increasingly stringent environmental regulations in the global shipping industry. As digital transformation and technology advancement become critical in shipbuilding, Altair and HD Hyundai Heavy Industries will work together to strengthen innovation through simulation and AI technologies for eco-friendly marine engine development. Under the agreement, Altair and HD Hyundai Heavy Industries will collaborate to: Develop simulation platforms for eco-friendly marine engine design and optimization Utilize AI-powered technologies for improving engine performance Conduct predictive maintenance and diagnostics capabilities Enhance engine safety through AI-based visualization technologies Altair has proven its technological expertise in simulation-driven design and AI-powered predictive analytics through collaborations with major shipbuilders worldwide. With this collaboration, Altair will actively support HD Hyundai Heavy Industries in advancing eco-friendly marine engines and delivering tangible results in areas such as design efficiency, reduced development cycles, and performance enhancement. Altair is expected to contribute meaningfully to improvements in design efficiency, shorter development cycles, and enhanced performance by leveraging synergies with Siemens' industrial software technologies. Altair continues to expand the application of its solutions across various industries by combining its AI and simulation expertise with Siemens' industrial software technologies following the acquisition. To learn more about Altair, visit To learn more about HD Hyundai Heavy Industries, visit About Altair Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair is part of Siemens Digital Industries Software. To learn more, please visit or About HD Hyundai Heavy Industries (HHI)Under its parent company HD Hyundai, HD Hyundai Heavy Industries (HHI) is leading the global shipbuilding and offshore engineering industry, delivering sustainable and efficient products that meet the world-class standards. Owning the world single largest shipyard and world's largest marine engine maker, HHI has built a strong reputation over its 50-year history for delivering world-leading commercial and naval vessels, along with complex EPC projects that require precision and reliability. To learn more, please visit or Media contactsAltair CorporateBridget Hagan+1.216.769.2658corp-newsroom@ Europe/The Middle East/Africa Altair Asia-Pacific Louise Wilce Man Wang +44 (0)7392 437 635 86-21-5016635,825 emea-newsroom@ apac-newsroom@ View original content to download multimedia: SOURCE Altair Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
21-05-2025
- Automotive
- Cision Canada
Altair and HD Hyundai Heavy Industries Sign MoU to Advance Eco-Friendly Marine Engine Development Technologies with AI and Simulation
Accelerating innovation in eco-friendly marine engine development with AI-powered engineering TROY, Mich., May 20, 2025 /CNW/ -- Altair, a global leader in computational intelligence, has signed a strategic memorandum of understanding (MoU) with the Engine Research Institute at HD Hyundai Heavy Industries to enhance the performance of eco-friendly marine engines and power AI-driven development initiatives. "This collaboration goes beyond technology development—it is a strategic partnership to shape the future of marine engine development," said Pietro Cervellera, senior vice president of aerospace and defense, Altair. "By combining Altair's global technological capabilities with HD Hyundai Heavy Industries' expertise in eco-friendly marine engines, we aim to set a new standard for sustainable engine and machinery business." Altair was recently acquired by Siemens, a global leader in industrial software, to extend its leadership in simulation and industrial artificial intelligence. Altair technology is being integrated with the Siemens Xcelerator portfolio. Sungchan An, Ph.D., vice president and head of the Engine Research Institute, HD Hyundai Heavy Industries, stated, "HD Hyundai Heavy Industries and Altair have continuously collaborated on the development of simulation technologies for high-quality HiMSEN engine designs. With Altair now part of Siemens, the development of next-generation engine design technologies—such as virtual product development and AI-based engine simulation—is expected to further accelerate." This partnership comes in response to increasingly stringent environmental regulations in the global shipping industry. As digital transformation and technology advancement become critical in shipbuilding, Altair and HD Hyundai Heavy Industries will work together to strengthen innovation through simulation and AI technologies for eco-friendly marine engine development. Under the agreement, Altair and HD Hyundai Heavy Industries will collaborate to: Develop simulation platforms for eco-friendly marine engine design and optimization Utilize AI-powered technologies for improving engine performance Conduct predictive maintenance and diagnostics capabilities Enhance engine safety through AI-based visualization technologies Altair has proven its technological expertise in simulation-driven design and AI-powered predictive analytics through collaborations with major shipbuilders worldwide. With this collaboration, Altair will actively support HD Hyundai Heavy Industries in advancing eco-friendly marine engines and delivering tangible results in areas such as design efficiency, reduced development cycles, and performance enhancement. Altair is expected to contribute meaningfully to improvements in design efficiency, shorter development cycles, and enhanced performance by leveraging synergies with Siemens' industrial software technologies. Altair continues to expand the application of its solutions across various industries by combining its AI and simulation expertise with Siemens' industrial software technologies following the acquisition. To learn more about Altair, visit To learn more about HD Hyundai Heavy Industries, visit About Altair Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair is part of Siemens Digital Industries Software. To learn more, please visit or About HD Hyundai Heavy Industries (HHI) Under its parent company HD Hyundai, HD Hyundai Heavy Industries (HHI) is leading the global shipbuilding and offshore engineering industry, delivering sustainable and efficient products that meet the world-class standards. Owning the world single largest shipyard and world's largest marine engine maker, HHI has built a strong reputation over its 50-year history for delivering world-leading commercial and naval vessels, along with complex EPC projects that require precision and reliability. To learn more, please visit or SOURCE Altair
Yahoo
21-05-2025
- Automotive
- Yahoo
Altair and HD Hyundai Heavy Industries Sign MoU to Advance Eco-Friendly Marine Engine Development Technologies with AI and Simulation
Accelerating innovation in eco-friendly marine engine development with AI-powered engineering TROY, Mich., May 21, 2025 /PRNewswire/ -- Altair, a global leader in computational intelligence, has signed a strategic memorandum of understanding (MoU) with the Engine Research Institute at HD Hyundai Heavy Industries to enhance the performance of eco-friendly marine engines and power AI-driven development initiatives. "This collaboration goes beyond technology development—it is a strategic partnership to shape the future of marine engine development," said Pietro Cervellera, senior vice president of aerospace and defense, Altair. "By combining Altair's global technological capabilities with HD Hyundai Heavy Industries' expertise in eco-friendly marine engines, we aim to set a new standard for sustainable engine and machinery business." Altair was recently acquired by Siemens, a global leader in industrial software, to extend its leadership in simulation and industrial artificial intelligence. Altair technology is being integrated with the Siemens Xcelerator portfolio. Sungchan An, Ph.D., vice president and head of the Engine Research Institute, HD Hyundai Heavy Industries, stated, "HD Hyundai Heavy Industries and Altair have continuously collaborated on the development of simulation technologies for high-quality HiMSEN engine designs. With Altair now part of Siemens, the development of next-generation engine design technologies—such as virtual product development and AI-based engine simulation—is expected to further accelerate." This partnership comes in response to increasingly stringent environmental regulations in the global shipping industry. As digital transformation and technology advancement become critical in shipbuilding, Altair and HD Hyundai Heavy Industries will work together to strengthen innovation through simulation and AI technologies for eco-friendly marine engine development. Under the agreement, Altair and HD Hyundai Heavy Industries will collaborate to: Develop simulation platforms for eco-friendly marine engine design and optimization Utilize AI-powered technologies for improving engine performance Conduct predictive maintenance and diagnostics capabilities Enhance engine safety through AI-based visualization technologies Altair has proven its technological expertise in simulation-driven design and AI-powered predictive analytics through collaborations with major shipbuilders worldwide. With this collaboration, Altair will actively support HD Hyundai Heavy Industries in advancing eco-friendly marine engines and delivering tangible results in areas such as design efficiency, reduced development cycles, and performance enhancement. Altair is expected to contribute meaningfully to improvements in design efficiency, shorter development cycles, and enhanced performance by leveraging synergies with Siemens' industrial software technologies. Altair continues to expand the application of its solutions across various industries by combining its AI and simulation expertise with Siemens' industrial software technologies following the acquisition. To learn more about Altair, visit To learn more about HD Hyundai Heavy Industries, visit About Altair Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair is part of Siemens Digital Industries Software. To learn more, please visit or About HD Hyundai Heavy Industries (HHI)Under its parent company HD Hyundai, HD Hyundai Heavy Industries (HHI) is leading the global shipbuilding and offshore engineering industry, delivering sustainable and efficient products that meet the world-class standards. Owning the world single largest shipyard and world's largest marine engine maker, HHI has built a strong reputation over its 50-year history for delivering world-leading commercial and naval vessels, along with complex EPC projects that require precision and reliability. To learn more, please visit or Media contactsAltair CorporateBridget Hagan+1.216.769.2658corp-newsroom@ Europe/The Middle East/Africa Altair Asia-Pacific Louise Wilce Man Wang +44 (0)7392 437 635 86-21-5016635,825 emea-newsroom@ apac-newsroom@ View original content: SOURCE Altair
Korea Herald
07-05-2025
- Business
- Korea Herald
HD Hyundai, Hanwha join forces for $17.4b Canadian submarine bid
Korea's leading shipbuilders have teamed up to pursue a Canadian submarine project estimated to be worth up to 24 billion Canadian dollars ($17.4 billion), easing their long-standing rivalry in the special shipbuilding sector, industry sources said Wednesday. HD Hyundai Heavy Industries and Hanwha Ocean, two of Korea's largest shipyards, jointly submitted a proactive proposal to the Canadian government in March for the project, which aims to add up to a dozen 3,000-ton-class submarines to the country's fleet. The submission outlined key specifications of the submarines, estimated delivery schedules and other relevant details, ahead of the project's formal solicitation of participants. 'We are exploring various approaches to win this project, and joint participation is one of them,' said an official from one of the two companies, speaking on condition of anonymity. According to a Monday report by the Canadian Broadcasting Corporation, the two companies proposed to offer advanced KSS-III-class submarines, developed with domestic Korean technology. The report also highlighted that the proposal emphasizes fast delivery and includes plans to build maintenance facilities in Canada. These facilities would employ Canadian nationals, aligning with the country's economic and industrial priorities. The companies reportedly pledged to deliver the first four submarines by 2035, the same timeline the Canadian Navy had originally set for receiving just one vessel. This collaboration follows a strategic agreement between the two companies and Korea's Defense Acquisition Program Administration, under which they agreed to cooperate in pursuing overseas defense contracts. The two companies have been at odds over Korea's 7.8 trillion won ($5.5 billion) next-generation Aegis-equipped destroyers project, currently stalled due to unresolved disputes over contractor selection. The Korean defense authority led the partnership out of concern that internal competition could hinder the country's chances in major global defense bids, especially after both companies failed to win Australia's $7.3 billion frigate project in November. Under the agreement, the two shipbuilders will alternate leadership roles in joint bids depending on the project's nature. For the Canadian submarine project, Hanwha Ocean is expected to take the lead, leveraging its extensive experience in submarine construction. Hanwha Ocean is recognized for its submarine-building capabilities, having secured 70 percent of the total submarine contracts placed by the Korean Navy as of Wednesday. While industry insiders expect Canada to officially launch the project around 2027, shipbuilders from Germany, Norway and Spain are also anticipated to participate in the bid.
