Patents filed in France : Safran ranked No. 2
Paris, March 27, 2012
Safran filed for 573 patents in 2011, ranking it second in France according to the list published today by the French National Institute of Industrial Property (INPI, Institut National de la Propriété Industrielle). Safran moved up three spots in the rankings from 2010, increasing its patent filings by 30%.
Once again, Safran was the patent leader in the aerospace, defense and security markets. Its position in these rankings clearly reflects the Group's ongoing strategy of establishing a distinctive difference through innovation in all businesses, whether for new technologies underpinning more fuel-efficient aircraft engines, especially the use of composite materials for critical parts, the new green taxiing system*, onboard electronics, or advanced security technologies such as biometric algorithms.
"It is very important for Safran to have earned second place in this year's INPI rankings," said Jean-Paul Herteman, Chairman and CEO of Safran. "Above all, this excellent result is a reflection of the outstanding efforts made by our research teams, and it is also a concrete illustration of our strategy based on constant innovation to maintain our distinctive difference in an environment characterized by growing international competition. We continue to increase our investment in R&D, which amounted to 1.3 billion euros in 2011 and could reach 1.6 billion euros this year."
Since being founded, Safran has always encouraged its employees' initiative and commitment to innovation in all areas and at all levels of the Group, from local improvements to major technological breakthroughs.
At the same time, Safran has developed a number of partnerships with major research laboratories in all fundamental disciplines related to its core businesses. In 2009 Safran also set up a corporate Scientific Council to help anticipate and develop the breakthrough and even disruptive technologies that would shape its future.
* The "Electric Green Taxiing System" being developed by Honeywell and Safran will enable airplanes to taxi on the ground without having to use their jet engines. The system is based on electric motors installed directly in the wheels on the main landing gear.
Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defence and Security.
Operating worldwide, the Safran group has close to 60,000 employees and generated sales of 11.7 billion euros in 2011.
Working alone or in partnership, Safran holds world or European leadership positions in its core markets.
The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.3 billion euros in 2011. Safran is listed on NYSE Euronext Paris and is part of the CAC40 index.
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