AEROSPACE TECH WEEK’s Post

#ElectricAviation Takes Flight: Cosmic Aerospace's €4.5M Seed Funding Fuels the Future of Air Travel Brussels-based Cosmic Aerospace has secured a €4.5 million seed funding round, igniting the development of a pioneering electric aircraft. With a range of up to 1,000 km, this venture is set to overcome the range limitations that have long challenged electric aviation's progress. 🔋 Innovative Design: Cosmic Aerospace's unique approach integrates engines within the wings and optimizes battery placement, showcasing a commitment to cutting-edge engineering and aerodynamic efficiency. 🔋 Strategic Timeline: CEO Christopher Chahine's vision for a 2026 maiden flight and a 2027 certification reflects a pragmatic yet ambitious roadmap, balancing innovation with achievable goals. ✈️ Demonstrator Milestone: The successful test of a small-scale demonstrator earlier this year is a testament to Cosmic Aerospace's capability to turn visionary ideas into reality. ✈️ Climate-Conscious Leadership: Led by Pale blue dot, a firm specializing in climate technology investments, the funding round signals strong market confidence in sustainable aviation solutions. 💡 Diverse Investment Portfolio: The involvement of various seed capital investors, including Aera VC and TOMORROW, highlights the wide-ranging support and potential for cross-industry collaboration. 💡 Market Implications: Cosmic Aerospace's strides represent a burgeoning trend in eco-friendly aviation, with significant implications for investors eyeing the intersection of technology and sustainability. 💡 Investment Outlook: The backing by climate-focused investors points to a ripe opportunity for those looking to diversify into environmentally responsible ventures, though mindful consideration of the associated risks is advised. Cosmic Aerospace's electrifying journey is more than an innovation; it's a beacon for the aviation industry's sustainable transformation. For investors and industry observers, this marks a pivotal moment to engage with a sector poised for a green revolution. For the latest in market trends and investment insights, follow Market Unwinded - Your compass in a world of constant innovation. Read More: https://lnkd.in/gGiSYSps #CosmicAerospace #SustainableAviation #SeedFunding #Innovation #MarketInsights #InvestmentTrends #MarketUnwinded #GreenTech #AviationIndustry

The Culminating Event: Airbus Defence & Space Startup Day Amplified 🚀🎤🤝 As we wrap up the first week of SpaceFounders cohort #4, the space techs found themselves at the place to be: Airbus Defence and Space Startup Day. 🌟 The Ultimate Pitch: Facing the Decision-Makers 🔈🌌 When it comes to pitching, the audience can make all the difference. The ten startups had the unparalleled opportunity to pitch their innovative ideas directly to a panel of Airbus executives and were broadcasted to Germany and the UK. 🌠🛰️ The value of this experience can't be overstated. It's one thing to pitch; it's another to pitch to people who have the resources and expertise to take your idea to the next level. 🚀🌌 Behind the Scenes at Airbus 🏭🤝 Post-pitch, it was time to network and explore the Airbus facilities on a guided tour and an exclusive, behind-the-scenes tour of one of the sector's most cutting-edge facilities. A deep dive into the operational DNA of a major player in the aerospace industry. 🛠️🔍 Matthieu Lys, Head of Innovation Management at Airbus Defence and Space, emphasized the significance of the day: "Impressive pitch presentations and great exchanges with our colleagues. Airbus is committed to fostering innovation and collaboration with startups. We're not just hosts; we're active listeners, keen to hear your pitches and engage in meaningful dialogue." 🗨 👂 A special thank you to Airbus and particularly to Matthieu Lys for graciously hosting us and providing an invaluable platform for innovation and dialogue. 🙏✈️ A special shoutout to cohort #4: ASTROLAB SAS, SPHERICAL, Constellation Technologies & Operations, deltaVision - fluid control & aerospace, SaferPLACES, Spaceflux, eOdyn, VEOWARE SPACE, Cognitive Design Systems, and sat:io for your trust, openness, and dedication. It takes two to tango! 🌌🤝🙏💫 The week wraps up, but our educational journey is just taking off. Starting October 5, 2023, we'll continue with virtual sessions to further hone our skills and strategies. This sets the stage for our next major milestone: Munich Week. 🗓️🚀 #newspace #newspacestartup #newspaceEurope #europeannewspace #spacetechecosystem #spacetech #aeorspace

The event date is approaching fast: have you already registered to attend and meet ARGOTEC at I3P - Innovative Companies Incubator of Politecnico Torino on Monday afternoon? Argotec will present its SpacePark Industrial Accelerator to the whole #innovation ecosystem: start-ups, companies, researchers and enthusiasts of the #space industry. The presentation will be held mainly in Italian language, but non-Italian speakers are welcome and will be able to interact in English during the Q&A session. The event will conclude with a #networking aperitif, to facilitate the exchange of ideas and the creation of new #business connections. Read more and register to join: https://lnkd.in/dvpnJ34c ESA Space Solutions | ESA Commercialisation Gateway | Agenzia Spaziale Italiana | Politecnico di Torino | LINKS Foundation | Regione Piemonte | Fondazione Compagnia di San Paolo | Camera di commercio di Torino #spacetech #startup #SpaceEconomy #ESABIC

Navigating the skies of #sustainability is akin to turning a supertanker. In #aerospace, a cultural shift is essential for rapid innovation. Embracing a 'digital first' mindset, and leveraging advanced tech are key. #Capgemini Learn More: https://t.co/YUA5sDEIh2 #ExpertConnect https://t.co/Bf5Icg5rpg

NATO Allies Invest in European Tech Innovators A consortium of NATO allies has confirmed the first tranche of companies awarded funding as part of the group’s €1 billion innovation fund. Launched in the summer of 2022, the NATO Innovation Fund (NIF) aims to invest in technologies that enhance defense capabilities. The fund, backed by 24 NATO member states including recently joined Finland and Sweden, has directly invested in four European tech companies. The investments include Fractile, a London-based computer chipmaker focused on accelerating large language models, and Germany's ARX Robotics, known for designing unmanned robots for heavy-lifting and surveillance. British manufacturer iCOMAT, specializing in lightweight materials for vehicles, and Space Forge, a Welsh company developing in-orbit semiconductors, also received funding. “Enabling access to strategic technologies is key to securing a safe and prosperous future for the alliance's one billion citizens,” said Andrea Traversone, the fund's managing partner. NIF has also partnered with venture capital firms Alpine Space Ventures, OTB Ventures, Join Capital, and Vsquared Ventures to further support deep tech investments across Europe. #TechInnovation #NATO #DefenseTech #Investment #DeepTech #EuropeanStartups #AI #Robotics #MaterialsScience #SpaceTech

How do we navigate the complexity of future flight innovation? Nichola Bates at Boeing leads us through the details. 🛩️ Discover key challenges and opportunities for startups, SMEs, and new entrants in the #aviation ecosystem 🚀 Learn about standards, training and support from our Future Flight Standards Programme 💡 Uncover how industry leaders can help entrants overcome hurdles and drive the development and commercialization of innovative future flight solutions 💬 Share your views on what else is needed to drive innovation Join our Future Flight Standards Hub now to read the full article and join the discussion: https://lnkd.in/g_Y7YV7h #BSIStandards #AirMobility #FutureFlight #Innovation Aerospace Xelerated

How do we navigate the complexity of future flight innovation? Nichola Bates at Boeing leads us through the details. 🛩️ Discover key challenges and opportunities for startups, SMEs, and new entrants in the #aviation ecosystem 🚀 Learn about standards, training and support from our Future Flight Standards Programme 💡 Uncover how industry leaders can help entrants overcome hurdles and drive the development and commercialization of innovative future flight solutions 💬 Share your views on what else is needed to drive innovation Join our Future Flight Standards Hub now to read the full article and join the discussion: https://lnkd.in/eiwXGEhe #BSIStandards #AirMobility #FutureFlight #Innovation Aerospace Xelerated