Jul 20, 2017: Airbus BizLab, a global aerospace business accelerator announced the successful end of its second season through a flagship event in Bengaluru, India. At the event, the start-ups who were chosen to work with various Airbus teams in India and globally over the last six months showcased their concept models and ideas of transforming the aerospace sector.
The season two was started in January 2017 in the presence of the then French Foreign Affairs Minister Jean-Marc Ayrault. It had received 137 applications from nine countries. All the five selected start-ups – Neewee, Stelae Technologies, EFLIGHT, SYmbosim and Qualitas Technologies have either started working with Airbus or are associated with the aerospace sector.
The event was attended by Bruno Gutierres – Head of Airbus BizLab, Pierre de Bausset – President and MD at Airbus India, Srinivasan Dwarakanath – President, Commercial Aircraft at Airbus India and Siddharth Balachandran – Airbus BizLab Leader, India. The importance of B2B start-ups across various sectors was also discussed over a panel discussion.
Bruno Gutierres said, “We are thrilled to have worked with such exciting start-ups in season two. It is re-assuring to see the potential and quality of entrepreneurs in the Indian start-up ecosystem. We are hoping to create more opportunities for start-ups to work in the aerospace and defence sectors.”
Besides working with the start-ups in the cohort, Airbus BizLab in India will soon be introducing a community of B2B start-ups working in areas such as Data Analytics, Artificial Intelligence, Machine Learning, Electric Propulsion, Factories of the Future, Space Tech & Solutions,a Image Processing, Cyber Security, IOT & Robotics.
Siddharth Balachandran said, “Every season we can accelerate only five or six start-ups but we keep receiving adhoc requests from Airbus teams globally checking if we have a start-up working on a specific problem that they face. So, from now on, we will have a ready pool of registered start-ups in the community to pick from. We will also organize regular events for the community to help these start-ups better understand the world of Aerospace & Defence.”