Boeing [NYSE: BA] has announced it has signed a memorandum of understanding with UK Civil Aviation Authority (CAA) as part of the CAA´s Innovation Sandbox project, the company said.
The Innovation Sandbox is intended to help foster collaboration between industry and regulators, with the goal of shaping future regulation of the aviation and travel industries in the UK.
The Innovation Sandbox enables participants to work with the CAA to test and trial innovative aviation solutions in a safe and controlled environment, with a focus on solutions outside the existing scope of regulations. It is part of CAA´s newly-formed Innovation Hub and acts in an advisory capacity, separate from the regulatory approval function of the CAA.
Boeing is an aerospace company and provider of commercial airplanes, defense, space and security systems, and global services.