FACC wins Austria’s 2023 Innovation Award 

FACC AG (Ried im Innkreis, Austria) has been named Austria’s most innovative company in the category “Aerospace Industry” by the Institute for Management and Economic Research (IMWF, Vienna). Highlighted in particular was the company’s development of new business fields, Space and Urban Air Mobility, as well as solutions for sustainable aviation.

FACC AG is one of the world’s leading aerospace companies and develops, designs and manufactures highly innovative lightweight systems for the aerospace industry. The consistent development and use of the latest technologies, production processes and materials is crucial to its success. 

Determination for the award is based on a comprehensive empirical analysis of Austria’s approximately 1,800 largest companies, bringing together public reputation data on research and innovation, research projects, and prizes and awards already received.

“By developing new materials, FACC is helping to make aviation more efficient and greener,” says Axel Maireder, IMWF managing director Austria, underlining the reasons for awarding the prize to FACC. “In addition, the company is researching exciting future technologies such as autonomous air cabs and materials for space travel.”

“The award as Austria’s most innovative company in the aircraft industry is a motivating mandate for us to consistently continue our path of innovation and growth,” says Robert Machtlinger, CEO of FACC AG. “I would also like to take this opportunity to thank our entire FACC crew, because they are what makes up the innovative strength and spirit of our company!”

In addition to this announcement, FACC continues to report growth — namely revenue, aircraft demand and facility expansion — seen in 2023.