Quantcast

FedEx awards four startups as part of its small business grant contest

Wizz Air becomes first airline to operate P&W-powered Airbus A321XLR jet
Hawaiian Airlines’ new ‘no show’ policy may make travel more expensive
BLIMP-SE OF THE FUTURE Luxury zeppelins of the future from ‘flying bum’ world’s largest aircraft to Google billionaire’s ‘impossible’ airship
Swiss Startup SmartFlyer Develops Hybrid-Electric Trainer
San Francisco-based entrepreneur takes a trip on India's worst-rated airline, his reaction will surprise you
First-Time Flyer at 81: A Grandmother's Memorable Journey
Global Airlines Launches Inaugural Flight, Aiming to Revive 'Golden Age of Travel'
Winning routes: American Airlines adds more than 22,000 seats for football fans following release of 2025–2026 pro schedule
Boeing scores Middle East plane deal during Trump visit
Air travel will be ‘worse’ this summer, lawmakers warn — as FAA gives infuriating update on system fixes, staffing issues
United Airlines CEO Reassures Passengers About Newark Airport Safety
American Testing Tech to Help Passengers Make Connecting Flights
British Airways to use AI in efforts to improve operations
American Airlines Tests New Tech to Help Passengers With Tight Connections During Summer Rush
Flight Diverted After Pregnant Woman on Board Goes into Labor and Delivers Her Baby: Report
United Airlines CEO Scott Kirby says "this is the most optimistic I've been in my entire career about finally getting the FAA fixed"
U.S. Transportation Secretary Sean P. Duffy Unveils Plan to Build Brand New, State-of-the-Art Air Traffic Control System
Passenger rushing for next flight can't believe what woman next to her does
Why fuel price crash won’t make flying cheaper
Kristi Noem says travelers without Real ID will still be able to fly after deadline
Frontier Airlines Announces New Routes Launching This Summer, Connecting Baltimore With Chicago O’Hare and Trenton, N.J. With Myrtle Beach, S.C.
Airlines in North America prioritize investments in cyber, AI
The evolution of the airline uniform — a cross check
Global Airlines & HiFly Operate 1st Passenger Airbus A380 Flight Between Barcelona And Berlin
American Airlines unveils ritzy new plane suites launching this summer
Airline Stocks To Keep An Eye On - April 28th
Gatwick Airport Faces Potential Strikes
50 New Routes Starting In May 2025
Report: JetBlue, United Mulling Partnership
New First-Class Suites, Futuristic Aircraft and the Top Air Travel News From April 2025
FedEx awards four startups as part of its small business grant contest
Policy
Webp clfn24n3z6oymi59ba4osi43vp5u
John A. Smith FedEx Express Leadership President and Chief Executive Officer U.S. & Canada Ground Operations | FedEx

Federal Express Corporation, a leading express transportation company, has announced the winner of its annual Small Business Grant Contest (SBGC) in the Asia Pacific region. Four companies, including Aliena from Singapore, Digantara from India, McEasy from Indonesia, and NEU Battery Materials also from Singapore, have been recognized for their innovative contributions across various industries. These startups will share a total prize pool of $69,000 to help accelerate their business growth.

The contest marks its fourth year of collaboration between FedEx and Forbes Asia to spotlight emerging startups from the Forbes Asia 100 to Watch list. Judges from both organizations selected finalists based on their innovative approaches in manufacturing, energy, construction and logistics, and space technology.

Digantara emerged as the grand prize winner with a $30,000 award. Founded by CEO Anirudh Sharma in 2018, this Indian startup aims to create a 'Google Maps' for space by providing space surveillance and intelligence capabilities to manage satellite traffic securely.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Three other companies received Special Mentions along with $13,000 each:

- Aliena: Co-founded by CEO Mark Lim in 2018 in Singapore, Aliena specializes in electric-propulsion engines for satellites. Their flagship product is the MUSIC thruster that enhances satellite operations at very low Earth orbits.

- McEasy: Established in 2017 by CEO Raymond Sutjiono in Indonesia, McEasy provides transportation companies with fleet monitoring solutions using software and IoT technologies like AI cameras and GPS sensors.

- NEU Battery Materials: Led by CEO Bryan Oh since its founding in 2021 in Singapore, this company focuses on lithium recovery from waste LFP batteries through an electrochemical redox targeting system aimed at reducing environmental impact.

Kawal Preet, president of Asia Pacific at FedEx stated: “This year’s winners demonstrate how technology-driven entrepreneurship is delivering real-world solutions — from battery recycling and carbon tracking to satellite propulsion and space safety.” She emphasized that these innovations are addressing current challenges while shaping a more connected future.

FedEx first launched the SBGC in the U.S. back in 2012. It now spans 31 international markets across regions including Asia Pacific.

Organizations Included in this History
More News

The Transportation Security Administration (TSA) employs a random and layered security measure known as "Secondary Security Screening Selection" or "SSSS."

May 31, 2025

The United States has halted certain sales of critical technologies to China, including those associated with CFM LEAP-1C engines used in China's Comac C919 jets.

May 31, 2025

The current Air Force One aircraft, used to transport the US President, are over 30 years old and in need of replacement.

May 31, 2025

The coronavirus pandemic severely impacted the commercial aviation industry, leading to significant challenges for aircraft manufacturers like Airbus.

May 31, 2025

Chicago O'Hare International Airport continues to lead as the world's busiest airport by flight movements, with 2,442 daily passenger aircraft operations in June.

May 31, 2025

A report released by UNI Global Union ahead of the International Labour Organization's (ILO) International Labour Conference calls for urgent measures to formalize the care sector and enhance union organizing.

May 31, 2025