Airbus BizLab subsidiaries, Navblue and Aerial signed contracts with three Indian startups here today with an aim to establish a newindustry benchmark in aeronautical data services, flightoperations and imagery services.
"For the last couple of years I have been convinced with the potential and the quality of entrepreneurs in India. I am pleased to see that all these partnerships between Airbus andIndian startups are proving me right," Airbus BizLab, Global Head, Bruno Gutierres,said on the occasion.
As part of the take-off programme, Airbus BizLab will sponsor two travels to Europe for Indian startups in a period of six months as well as fund up to 50,000 euros to them forthe demonstration of proof of concept.
The company said the agreements mark the successful culmination of season 3 of Airbus BizLab's startup acceleration programme "Take Off-2018," which seeks to bolster the Indian government's 'Make in India' and 'Startup India' initiatives.
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