Airbus signs contracts with two Indian startups

Indian startups Neewee and Eflight have been signed up to build innovative solutions that can be enhanced to meet Airbus's as well as the aviation industry's needs

PTI
Updated8 Mar 2018, 10:04 PM IST
The Neewee and Eflight are among the five startups selected a year back from the second season of the Airbus Bizlab technology acceleration programme. Photo: Bloomberg
The Neewee and Eflight are among the five startups selected a year back from the second season of the Airbus Bizlab technology acceleration programme. Photo: Bloomberg

Hyderabad: European plane manufacturer Airbus SA and its subsidiary Navblue on Thursday said they have signed contracts with two Indian startups—Neewee and Eflight—to build innovative solutions that can be enhanced to meet the firm’s as well as the aviation industry’s needs.

The startups are among the five chosen a year back from the second season of the Airbus Bizlab technology acceleration programme, which attracted 137 applications from nine countries, Airbus said.

“These partnerships stand as an example of our commitment towards engaging with the entrepreneurial community and creating business opportunities for them, especially with Airbus,” said Bruno Gutierres, head of Airbus BizLab.

Airbus in its release said Neewee’s solution, called ProcuSense, will enhance certainty to manufacturing supply chain and procurement operations at the firm, using advanced analytics, machine learning and artificial intelligence.

Eflight’s trip support solution will offer a comprehensive suite of services that allows business jet pilots to optimise plans for fuel, time, route and weather, it added.

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First Published:8 Mar 2018, 10:04 PM IST
Business NewsCompaniesAirbus signs contracts with two Indian startups

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