Airbus signs deals with three Indian startups

A push for Make in India

Aviation

July 24, 2018

/ By / Kolkata



Airbus subsidiaries sign partnerships with three Indian startups

Airbus subsidiaries sign partnerships with three Indian startups

The partnership with Stelae technology, Eflight, and Airpix will certainly give a push to ‘Make in India’ and ‘Startup India’ initiative.

The European aircraft maker Airbus subsidiaries-Navblue and Aerial have signed partnerships with three Indian startups – Stelae technology, Eflight, and Airpix (accelerated at Airbus Bizlab India). The partnership aims to power cutting-edge technologies that will help usher in new industry benchmarks in aeronautical data services, flight operations, and imagery services.

Navblue signed up Bengaluru-based Stelae technologies to enhance aeronautical data services quality and consistency. The partnership also aims at enabling a faster introduction to the market of the data-driven and connected electronic flight bag (EFB) solution. The subsidiary company has further extended its agreement with Eflight to provide a comprehensive service solution to Indian business aviation.

“NAVBLUE believes in India’s potential for multiple reasons. One is India’s proven capacity for innovation within the IT sector, which is demonstrated perfectly by the startups present at the Airbus’ BizLab, with whom we work very closely. Another is the potential of the aerospace industry; India has the world’s fastest-growing domestic airline market,” said Fabrice Villaumé, chief strategy and innovation officer at NAVBLUE.

The third agreement was signed between Airbus Aerial and Navi Mumbai-based Airpix for a joint go-to-market in India to provide geo-analytic solutions and imagery services in the country.

“For the last couple of years I have been convinced with the potential and the quality of entrepreneurs in India. I am pleased to see that all these partnerships between Airbus and Indian startups are proving me right,” Bruno Gutierres, global head, Airbus BizLab, said in a statement.

The partnership came at the time when season three of Airbus BizLabs’ startup acceleration programme TAKE OFF 2018 is coming to an end. The programme seeks to boost the Indian government’s ‘Make in India’ and ‘Startup India’ initiatives. As part of the TAKE OFF programme, Airbus BizLab will sponsor two travels to Europe for Indian start-ups in a period of six months as well as fund up to Euro 50,000 to them for the demonstration of proof of concept.

Airbus Ventures is not only investing in Indian startups, but the company has reportedly invested money into 13 startups in Israel, Japan, Europe, and North America, with a corpus of USD 150 million. Airbus Ventures also invests in up-and-coming startups in domains like electric and renewable power, IoT, autonomous vehicles, and cybersecurity. Airbus Bizlab through its six-month “acceleration programme” for startups and internal projects gives access to a large number of coaches, experts and mentors in various domains. The initiative helps startups and internal projects speed-up the transformation of their ideas into valuable businesses.

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