Last August 22nd, M&M Group has received the Innovative SME seal issued by the Spanish Ministry of Science and Innovation. This seal and entry in public registry, with a duration of 3 years renewable with the maintenance of requirements, is granted to small and medium companies that have a great innovative character. This recognition is a new sign of M&M’s firm commitment to research and innovation in the aerospace and industrial sector.
According to the Spanish Strategy for Science and Technology and Innovation, one of the problems of the Science, Technology and Enterprise system in our country is the small number of innovative companies, especially small and medium-sized companies; the limited weight of medium/high technology sectors; the inefficiency of knowledge transfer and management instruments and the low absorption capacities of SMEs. On the other hand, Spain’s productive fabric is characterized, among other aspects, by a strong presence of traditional sectors with a low incorporation of R&D in their processes and products, in an essentially service economy.
Thus, within its priority axis “Development of a favorable environment for R&D”, the Strategy highlights that it is necessary to advance in the development of new innovative public procurement measures associated with R&D&I activities oriented to the challenges of society in order to strengthen the driving role of the Public Administration in the field of innovation. In this context of boosting and supporting small and medium-sized innovative companies, this seal and public registry was created, of which M&M Group is now a part.
“We are very proud to receive this seal that certifies us as an innovative company and recognizes the innovative development work that M&M Group has been doing in recent years. Undoubtedly, it is a great incentive to continue working, with even more enthusiasm, both in current projects, already under development, and in future projects that we are already preparing,” said Dr. Fernando Mas, head of the Technology and R&D area of M&M Group.
R&D&I projects, especially in the framework of sustainability, such as GreenBath, which aims to develop and implement simulation and optimization technologies in the area of surface treatments, or ACTIVAL “Towards a more sustainable and competitive aviation through the implementation of active protection technologies and ultrasound-based sensors in aluminum aerostructures”, both funded by the CDTI, are just two examples of the research and innovation work being carried out by M&M Group.