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5. Altair Engineering Inc. (NASDAQ:ALTR)

Number of Hedge Fund Holders: 13

Altair Engineering Inc. (NASDAQ:ALTR) provides software and cloud solutions for simulation, design, data analytics, and AI, serving industries like automotive, aerospace, and more globally.

On January 28, Altair and Cranfield University announced that they signed an MoU to advance the use of AI, simulation, and data analytics in the aerospace and robotics sectors. The collaboration aims to support students, researchers, and startups by exploring how these technologies can drive innovation. This partnership builds on Cranfield’s expertise in aerospace and its unique capabilities, including its own airport and runway, with the goal of accelerating developments in fields like autonomous space exploration, telecommunications, and defense.