19 Jan sees.ai joins Boeing’s Aerospace Xelerated
sees.ai has joined the third cohort of Aerospace Xelerated, Boeing’s UK-based startup accelerator whose first two groups have gone on to raise more than £50 million in additional funding and create more than 100 jobs across the country.
Startups using artificial intelligence (AI) and autonomous technology to solve key challenges across aerospace and defence were chosen among 148 applications from around the world for the 12-week programme. The startups will benefit from optional equity investment from Boeing, introductions to a network of investors and the wider industry.
“We are proud to see the accelerator’s continued success despite the industry headwinds of the last two years, and we are equally impressed by what our startup alumni have been able to accomplish during this time,” said Sir Martin Donnelly, president of Boeing Europe and managing director of Boeing in the UK and Ireland. “We look forward to meeting another dynamic group of companies, and helping them chart their futures.”
Boeing is the industry sponsor for Aerospace Xelerated, formerly known as the ATI Boeing Accelerator. GKN Aerospace and the Ministry of Defence’s Defence and Security Accelerator (DASA) are programme partners, providing the cohort with industry insights and expertise.
John McKenna, CEO of sees.ai said: “We are very excited to be engaging with and learning from the world’s largest aerospace company as well as the programme’s partners GKN Aerospace and the UK Ministry of Defence.
“We are already learning a lot about the commercial, technical and regulatory challenges these entities face, and the solutions they are developing and gaining invaluable insights as we shape our business.”
For more information, visit: https://xelerated.aero.