EADS Foundation Wales

The overall objectives of the Foundation are:

Discover

To discover and understand, through a programme of world class research, technologies that will support sustainable development.

Grow

To grow and strengthen regional industrial and academic capabilities of strategic importance to the partners.

Promote

To promote and facilitate the exploitation of technologies developed, to the economic benefit of the regions involved.

Formation and Structure

EADS and the WAG, supported by Cardiff University (representing the interests of all universities in the region) were originally contracted via a Joint Venture but have now met their stated aim and become a company limited by guarantee to deliver high value R and T.

The Foundation is a not for profit Company between EADS, the Welsh Assembly Government and Cardiff University ensuring that R&T in the UK is maximised with minimal overall governance whilst maintaining flexibility and is beneficial to all. This is in addition to the EADS R&T direct funding activities with Regional, National and European administrations.