Four Indian ventures take wings with Airbus accelerator

Our Bureau Mumbai | Updated on January 16, 2018


Picked by aircraft maker to develop sustainable aviation practices

Aviation inventors and four start-ups from Bengaluru, selected from 80 applicants from seven countries, are going through the paces at Airbus BizLab, an aerospace accelerator, in Bengaluru, even as many fledging aerospace businesses struggle to turn innovative ideas and technologies into commercial reality.

BizLab was conceptualised as a global network of accelerators whereby Airbus’ innovators and start-ups come together and try to overcome barriers by combining scale and agility. At help is an extended innovation ecosystem.

European aviation major Airbus opened its third BizLab in Bengaluru last year after Toulouse (France) and Hamburg. The BizLab in Bengaluru is co-located with French start-up accelerator Numa.

Of the four start-ups selected from India, Blue Morfo is developing a mobile application to detect and prevent specific, corporate health-related issues such as exposure of airline crew to jet lag and cabin pressurisation. Start-up Shoonya Games is developing interactive gaming solutions for training and marketing purposes through the use of virtual reality and 3D technologies embedded in a mobile device.

Another project by Open Turf is about providing wireless in-flight entertainment using passengers’ personal devices. Qualitas offers automated quality-inspection systems for manufacturing, specialising in 2D and 3D machine vision.

BizLabs has two primary methods to meet its goal — accelerating the pace at which Airbus commercialises its own innovations, and drawing upon and developing more ideas from outside Airbus, including customers and companies from other business sectors.

Sustainable practices

To that end, the four Indian start-ups were hand picked to develop sustainable aviation practices and innovate with Airbus. The company noted that many fledgling aerospace businesses and start-ups lack commercial experience to develop viable business models, while others face difficulties accessing customers, all of which slows the pace of innovation.

BizLab has developed a ‘hybrid’ concept, whereby, through a six-month acceleration programme, selected start-ups get an opportunity to interact with a large number of Airbus experts from various domains such as technology, legal, finance and marketing, and at the same time, enjoy the benefits of a dedicated mentor.

The start-ups also have office space and access to prototyping and test facilities, and eventually, an implementation programme to prepare the hand-off strategy. A dedicated demo day with Airbus decision-makers and partners, is also in the works, as is venture capital.

In developing the BizLab concept, Airbus has leveraged the experience of start-up support programmes from other sectors, utilising its collaborations with Microsoft Ventures, Google and Techstars Boston.

Published on October 17, 2016

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like