Liebherr-Aerospace and Rolls-Royce found the 50:50 joint venture Aerospace Transmission Technologies GmbH based at Friedrichshafen, Germany. Tony Wood, President Rolls-Royce, Aerospace and Dr. h.c. Willi Liebherr, Chairman of the Administrative Board of Liebherr-International AG, celebrate the joint venture at the Paris Air Show 2015. The joint venture will make available the production technologies for the components of the power transmission gear train of the UltraFan engine. The new engine design should be ready for operation from 2025. A single gearbox will be able to transmit the power of over 500 family cars.