Aerospace Xelerated has announced the 11 start-ups working on digital services and solutions that will join their fourth cohort to solve key challenges for the aerospace sector. Following three successful programmes led by Boeing and supported by industry partners, this year’s programme will be run in partnership with Tawazun Council, the defence and security acquisitions authority of the United Arab Emirates (UAE).
From 158 applications from around the world, the companies joining the programme come from the following countries: Australia, Canada, Japan, Netherlands, UAE, UK and USA.
Start-ups accepted into the programme will have the option to benefit from a £100,000 investment from Boeing, with potential for additional funding from partners. Through Aerospace Xelerated, start-ups will be introduced to a network of angel investors, venture capitalists and key stakeholders among the aerospace industry, throughout the 12-week programme. Successful companies will also get more than £100,000 in programme perks from partners.