New Boeing startup accelerator launches call for applications

Aerospace Xelerated managing partner and Boeing head of global accelerators and innovation programmes Nichola Bates announced (24-Aug-2021) the launch of a call for applications to the Aerospace Xelerated startup accelerator, for companies using autonomy and Artificial Intelligence (AI) to advance the way aircraft are built. The ATI Boeing Accelerator has already inducted to successful cohorts and the newly launched Aerospace Xelerated programme will invest into startups using autonomous and AI technology. Startups accepted onto the programme will benefit from a GBP100,000 equity investment from Boeing (structured as an uncapped SAFE note). They will also have access to strategists and technical experts from industry and support in developing proof of concept opportunities. Companies will also receive mentoring from a global network of experienced entrepreneurs, mentors and investors, plus more than GBP100,000 in programme perks from startup providers including Google, Amazon and Stripe. Applications are open until 26-Sep-2021. [more - original PR]