Aerospace Xelerated hosts startup pitch contest at Farnborough Airshow

The Aerospace Xelerated Innovation Zone includes a lounge area and a stage with panels, workshops, product demonstrations, and more.

Dutch concern Eddytec, which identifies defects in carbon fiber composites; France's Estuaire, a provider of data designed to reduce aviation's environmental impact; and Flux Aviation, a developer of battery electric propulsion systems, are among the six entities chosen to participate in Wednesday’s competition.

Also included are LYNEports from Hungary, an enabler of ground and airspace integration of eVTOL aircraft and drones using geospatial software; food and beverage specialist Onegrab from Milan, Italy; and Sora Aviation, which is developing the S-1, a 30-passenger eVTOL aircraft.

AX is a global aerospace accelerator that partners with Boeing Company, Tawazun Council, Etihad Airways, Rolls-Royce, GKN Aerospace, and the UK’s defense and security accelerator. AX portfolio companies exhibiting at this year’s show include AireXpert, Basetwo, Nabla Mobility, and Zetamotion.

In the past four years AX has provided mentorship investment support for 42 startups from 15 countries across four continents. To date AX-supported companies have raised more than $250 million in funding beyond initial equity investment.