Airbus has selected another 22 startups to join its BizLab for the launch of the fifth accelerator program to develop new technologies and ways of working in the aerospace sector.
During the six-month accelerator, the startups will receive support from an international team of experts from various fields and have access to dedicated coaching staff, networking opportunities and co-working spaces.
The entrepreneurs come from nine countries around the world. The 22 startups were selected out of 704 applications from 59 countries.
One of the main criteria used in the selection process were the synergies between the start-up projects and Airbus’ sustainability, environment and innovation strategy, said the European aircraft-maker.
The selected companies join a global network of Airbus’ four BizLab campuses: Toulouse, France; Hamburg, Germany; Bangalore, India and Madrid in Spain.
The startups include Next Aero Concept from France which is designing innovative engine stands for aerospace to safely transport, install & remove jet engines and Xarion from Austria, which is developing an optical microphone to measure sound without moving parts for non-contact, non-destructive testing and acoustic process control.
Airbus BizLab is a global aerospace business accelerator where startups and Airbus “intrapreneurs” speed-up the transformation of innovative ideas into valuable businesses. Since starting in 2015, Airbus BizLab has used this “hybrid” concept to accelerate 72 start-ups and 54 internal projects.
Details on all of the new startups in the accelerator program can be found here.
