- Formerly known as the ATI Boeing Accelerator, following two successful cohorts supported by the Aerospace Technology Institute and industry partners, the rebranded programme will be taken forward by industry for its third year.
- Led by The Boeing Company, Aerospace Xelerated will invest in world-class startups solving challenges for the aerospace sector, ranging from autonomous navigation to reduced workload.
- Since launching in 2019, startups involved in the programme have raised a further £20M in funding, created 100+ jobs, and partnered with organisations including GKN Aerospace and Rolls-Royce.
- Successful startups will benefit from £100K equity investment from Boeing, a further £100K+ in programme perks, access to future programme partners, investors and more. Applications close on 26th September.
London, UK. 23rd August 2021: Aerospace Xelerated has today announced its call for applications is open. Formerly the ATI Boeing Accelerator, the programme is being led by industry partner Boeing for its third year. The programme will be investing into startups building autonomous and AI solutions that advance the way aircraft are built, from the factory floor all the way to the passenger journey.
Startups accepted on the programme will benefit from £100k equity investment from Boeing. They will also have access to strategists and technical experts from industry and support in developing proof of concept opportunities.
Through Aerospace Xelerated, startups will be introduced to a network of angels, venture capitalists and the wider aerospace industry, throughout the 12-week programme and wider ecosystem events. Successful companies will also receive mentoring from a global network of experienced entrepreneurs, mentors and investors, plus over £100k in programme perks from partners including startup providers Google, Amazon, Stripe, Digital Ocean and many more.
Aerospace Xelerated is looking for startups across the following areas; assured autonomy; autonomous navigation; generative design; smart maintenance; adaptive learning; reduced workload and Aerospace AI Applications. Companies must be late seed-stage, software only, and working with AI or autonomous technology.
Nichola Bates, Managing Partner at Aerospace Xelerated and Head of Global Accelerators and Innovation Programs at Boeing commented, “We’ve had great success with our previous two cohorts and we’re excited to take the new programme forward this year. At Boeing we believe there is a huge opportunity for innovative startups focussed on autonomy and AI to disrupt every aspect of aerospace, from the supply chain to onboard customer service and we’re eager to double down and support more businesses. We’ve seen incredible leaps forward in aerospace and connected industries in the past 12-months, and we know we can offer startups looking to operate in this space an incredible advantage.”
The two previous cohorts have gone on to raise £20M in additional funding and create over 100 jobs across the UK. Organisations to work with past cohorts as partners or mentors include PWC, Frazer-Nash, Chevron Technology Ventures and EasyJet.
For more information and to apply go to https://xelerated.aero