British ventilator consortium targeting 1,500 units per week

  • Reuters
  • Stock Market News
British ventilator consortium targeting 1,500 units per week
Credit: © Reuters.

LONDON, April 2 (Reuters) - A consortium of British engineers, aerospace and Formula One companies are hoping to produce at least 1,500 ventilators a week within a matter of weeks, it said on Thursday.

Companies including Airbus AIR.PA , Ford F.N , Rolls-Royce RR.L and BAE BAES.L have come together with seven Formula One teams to ramp up production of two existing ventilators made by Penlon and Smiths Group SMIN.L in Britain.

The companies answered a call by Prime Minister Boris Johnson for industry to help build life-saving equipment ahead of the peak of the coronavirus outbreak.

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