Photo courtesy of Airbus
Season two of Airbus BizLab has ended, and the application period for season three has opened, Airbus said. The season came to a finish after BizLab’s flagship event in Bengaluru, India.
BizLab’s second season began in January after receiving 137 applications from nine countries to compete in the start-up competition. Five businesses were selected: Neewee, Stelae Technologies, eFlight, SYmbosim and Qualitas Technologies. Airbus said that all five are now working with Airbus or are associated with the aerospace field. During the final event, the businesses showcased the concept models and ideas they had been working on since the beginning of the year.
“Every season we can accelerate only five or six start-ups, but we keep receiving ad hoc requests from Airbus teams globally, checking if we have a start-up working on a specific problem that they face,” said Siddharth Balachandran, Airbus BizLab leader in India. “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 and defence.”
Airbus said BizLab in India plans to launch a community of B2B start-ups working in areas including data analytics, artificial intelligence, machine learning, electric propulsion, factories of the future, space technology and solutions, image processing, cyber security, IoT and robotics.