Following three successful programmes led by Boeing and supported by industry partners, this year’s programme will be run in partnership with Tawazun Council, the defence and security acquisitions authority of the United Arab Emirates (UAE).
From 158 applications from around the world, the companies joining the programme come from the following countries: Australia, Canada, Japan, Netherlands, UAE, UK and USA.
Start-ups accepted into the programme will have the option to benefit from a £100K investment from Boeing, with potential for additional funding from partners. Through Aerospace Xelerated, start-ups will be introduced to a network of angel investors, venture capitalists and key stakeholders amongst the aerospace industry, throughout the 12-week programme. Successful companies will also get more than £100K in programme perks from partners including startup providers Oracle, Amazon, HubSpot, Digital Ocean and many more.
Abdulla Saif Al Awani, chief economic programme officer at Tawazun Council, said: “Start-ups are increasingly playing a major role in the changes happening in the economic landscape. Tawazun has been supporting innovation since our early days and running this programme alongside Boeing will enable us to work closely with these amazing companies that are going to shape the future of aerospace.”
Alongside Boeing and Tawazun Council, programme partners include the Defence and Security Accelerator (DASA), GKN Aerospace and Etihad Airways. The partners will provide the cohort with industry insights and expertise. The selected companies will have access to strategists and technical experts for support in developing proof of concept opportunities and receive mentoring from a global network of experienced entrepreneurs, mentors and investors.
The international cohort includes:
Aerosens, Aiir Innovations, AR Engineering, Basetwo, Conductor Software, Dessia Technologies, KIT-AR, Nabla Mobility, Quaisr, and Zetamotion.
The 11 start-ups working on Digital Services and Solutions joining cohort four cover the programme’s key focuses: Flight & Passenger Journey Optimisation; Supply Chain Intelligence; Next Generation Workforce; and Operational Efficiency.
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