Quantcast

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

Southwest's layoffs dent its worker-first culture
Abu Dhabi's long-haul carrier Etihad Airways sees record $476 million profit in 2024
Jet2 warns of profits squeeze from rising costs and late bookings
Hong Kong Airlines launches daily Sydney flights
Airline to launch new bunk beds in economy on long-haul flights next year
How Airline Employees Are Coping After Deadly Washington Crash
Major airline reverses in-flight menu change amid outcry
British Airways frequent flyer scheme changes: everything you need to know
Airline introduces world-first hand luggage ban on popular travel gadget
Air Canada Delays Boeing 767 Reentry
Flight Centre tips ‘price war’ as first direct Melbourne to LA Delta flights go on sale
FAA reverses course on meeting prohibition, blaming rogue employee
British Airways tweaks frequent flyer scheme after backlash
Delta flight from New York to Florida diverted to North Carolina due to ‘odor in the cabin’
EASA Certifies Safran’s First Electric Motor
US court blocks Biden administration's airline fee disclosure rule
JetBlue Issues Dim Outlook But Execs Remain Confident in Turnaround Plan
Delta to Resume Tel Aviv Flights April 1
Boeing CEO Ortberg outlines 2025 priorities after heavy losses
Storm Eowyn: Thousands of trains, flights and ferries cancelled as 100mph wind batters UK
Indian carrier long haul: IndiGo returns to profitability, plans long haul flights
These Frequent Fliers Are Done With Loyalty Programs
JetBlue accepting Venmo as payment method for flights purchased through mobile app
United Airlines stock rallies on results, as growing demand wasn’t just about premium seats
Delta Adds Another Alaska Route
Southwest to Reduce Pilot Head Count at Several Bases
Dublin Airport savings boost for holidaymakers – but passengers need to be quick
American Halts CRJ-200 Operations
Shanghai Airlines to Launch Casablanca Route
Delta employees to receive an average five weeks of pay in annual profit sharing
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

British Airways is the leading foreign long-haul airline serving the United States.

Jun 5, 2025

United Airlines has completed a deal with the Chicago Department of Aviation to acquire five additional gates at Chicago O'Hare International Airport.

Jun 5, 2025

Boeing has reached a production milestone, achieving a monthly output of 38 737 MAX aircraft for the first time since 2020.

Jun 5, 2025

At 14:12 local time on June 2, an Allegiant Air Airbus A320 experienced engine failure shortly after taking off from Huntington Tri-State Airport.

Jun 5, 2025

The UK government has initiated a comprehensive airspace modernization program, marking the first significant update since the 1950s.

Jun 5, 2025

Global Airlines has addressed speculation about its future operations, denying any intention to operate as an ACMI carrier using Airbus A380 aircraft.

Jun 5, 2025