Quantcast

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

Qantas launches mammoth Asia flight sale including Bali and Japan
New Update from Air Canada, WestJet, American Airlines, Delta, United, Southwest, Alaska, JetBlue Airways, and Sunwing: Airline Capacity Between Canada and US Slashed as Bookings Plummet Seventy Per Cent
Delta Cuts Two Domestic Routes
United Airlines Technicians Reject ‘Dead on Arrival’ Contract Proposal, Teamsters Say
The State of the Asia Pacific Airline Industry
Spirit Airlines to add Detroit nonstop flight out of Bradley International Airport
Major airline to launch new direct flights from Scotland to North America
Ryanair launches new ‘prime’ membership which saves passengers more than £400 a year
Judge Orders Boeing to Trial on 737 MAX Case
Qantas’ free international Wi-Fi to switch on from next week
The real reason Southwest is charging for bags now
Air France-KLM in ongoing talks with Air Europa on potential stake, CEO says
Frontier Savagely Shades Southwest After They Eliminated Longstanding Free Bag Policy, Sparking Backlash
Frontier Wants You to 'Divorce Your Old Airline' After Southwest Changes
Delta named one of Fast Company's Most Innovative Companies for sustainability initiatives
Passengers escape fiery American Airlines jet in Denver
Delta, American Dive On Slashed Outlooks; But Two Airlines Rally
Competitors are circling Southwest after the airline announced it's going to start charging for checked bags
Exclusive: Dominican Low-Cost Carrier Arajet Wants to Disrupt NYC Market
Boeing deliveries rise 63% in February from a year earlier
Transportation Secretary Duffy Lays Out 10 Ways the FAA Is Working to Upgrade Air Traffic Control and Make Flying Safer
EasyJet pilot Paul Elsworth suspended after flying too close to mountain
Delta Air Lines bets on ‘blended-wing’ flight to reduce emissions
Europe's airlines pivot to bite size M&A deals to limit cost, regulatory burden
Dave Emerson named new CEO of Virgin Australia, replacing Jayne Hrdlicka
Ryanair DELAYS controversial new boarding pass rule to avoid summer chaos
FAA Orders Inspection, Replacement of 737NG Engine Parts
Spirit Adds New Airport, Three Routes
Delta crash passengers should take the $30,000 payment, their lawyers say. Here’s why.
Budget airline launches new cheap flights to one of the UK’s top winter sun destinations
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

Emirates Airline hosted members of UAE Team Emirates XRG at its Group Headquarters, marking the team's successful season in international cycling.

Oct 28, 2025

Amazon has announced that its KSBD Air Hub in San Bernardino recognized its September High Flyers for their outstanding commitment to the company's 16 Leadership Principles.

Oct 28, 2025

Amazon announced that employees at its KSBD Air Hub in San Bernardino participated in the 2025 Pink on Parade for Breast Cancer Awareness Month.

Oct 28, 2025

The ShebaMiles loyalty program, operated by Ethiopian Airlines for over 26 years, has more than 5.38 million members and offers four membership tiers: Blue, Silver, Gold, and Platinum.

Oct 28, 2025

Long Beach Airport has entered into a 30-year lease agreement with JetZero, Inc., a company focused on next-generation aircraft design.

Oct 28, 2025

Passengers planning summer travel for 2026 can now book flights with Lufthansa Group Airlines, which has released its schedule featuring new destinations and increased frequencies.

Oct 28, 2025