LONDON (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.