Altair Units licensing system will provide
access to full suite of Altair solutions
TROY,
Mich., Jan. 17, 2023 /CNW/ --
Altair (Nasdaq: ALTR), a global leader in computational
science and artificial intelligence (AI) announced that Soltec, a
global solar equipment manufacturer based in Murcia, Spain, will be
utilizing Altair technology within its research and development
(R&D) division. This represents a significant win in the solar
energy sector for Altair.
"Altair's commitment to sustainability is core to who we are and
what projects we undertake. Expanding our presence and expertise in
the sustainability sector is one of our top priorities, and we are
thrilled to work with Soltec to further embody our vision," said
James R. Scapa, founder and chief
executive officer, Altair. "Renewable energy is going to be a
foundational aspect of tomorrow's world – we're proud to have a
hand in bringing about better, more efficient renewable energy
technology."
Soltec Innovations will be implementing the full Altair
technology suite to deliver greater flexibility, power, and value
to its engineering team compared to previous software solutions.
The R&D team will use Altair's simulation, data analytics, and
other capabilities to both optimize existing technology and develop
new products. These products mainly include solar trackers, which
orient solar panels to face sunlight, and related parts, equipment,
and technology. These projects further solidify Altair's commitment
to developing and improving sustainable methods of energy
generation and help Soltec reinforce its status as a leader in the
international solar market.
"Altair's technology offering is a massive boost for us, and we
are especially excited to take advantage of the Altair Units
licensing system, which is one of a kind," said Ignacio Melón
Menéndez, general manager, Soltec Innovations. "It will give us
seamless access to any solution we will need, the flexibility to
run software anywhere, and unparalleled value that maximizes use
and minimizes cost. We are excited to see how this will help us
advance our technology."
To learn more about Altair's sustainability and energy
solutions, visit https://www.altair.com/sustainability-solutions
and https://www.altair.com/energy. For more information about
Altair Units, visit https://altair.com/altair-units. To learn more
about Soltec, visit https://soltec.com/.
About Altair
Altair is a global leader in
computational science and artificial intelligence (AI) that
provides software and cloud solutions in simulation,
high-performance computing (HPC), data analytics, and AI. Altair
enables organizations across all industries to compete more
effectively and drive smarter decisions in an increasingly
connected world – all while creating a greener, more sustainable
future. For more information,
visit https://www.altair.com/.
About Soltec
Soltec Power Holdings (ticker: 'SOL') is a company strongly
committed to innovation and sustainability which specializes in
vertically integrated solutions for the photovoltaic solar energy
industry. This company, based in Murcia
(Spain), was founded in 2004 and currently operates in 16
countries, with a solid presence in Spain, North
America and Latin America.
The company is listed on Spain's Stock Exchange since
2020. Soltec's activity is structured around three main
business areas: i) the photovoltaic project development division,
known for its strong environmental, social and good governance
commitment; ii) Soltec, industrial division and third manufacturer
of solar trackers worldwide, providing clients with additional
construction services to ensure a comprehensive and integrated
value proposal. iii) Soltec Asset Management, a third business
division allowing Soltec to manage portfolio assets with the aim to
maximize mid- and long-term profits.
Media
contacts
|
|
Altair
Corporate
|
Altair Investor
Relations
|
Jennifer
Ristic
|
Monica Gould, The
Blueshirt Group
|
+1.216.849.3109
|
+1
212.871.3927
|
corp-newsroom@altair.com
|
ir@altair.com
|
|
|
Altair Europe/The
Middle East/Africa
|
|
Charlotte
Hartmann
|
|
+49 7031 6208
0
|
|
emea-newsroom@altair.com
|
|
|
|
View original content to download
multimedia:https://www.prnewswire.com/news-releases/soltec-will-adopt-altair-technology-to-accelerate-and-advance-research-and-development-efforts-301720733.html
SOURCE Altair