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Italian innovative start-up company specialised in hydrogen and electric aircraft design is looking for business partners and investors

Summary

Profile Type
  • Business Offer
POD Reference
BOIT20240105004
Term of Validity
5 January 2024 - 4 January 2026
Company's Country
  • Italy
Type of partnership
  • Supplier agreement
  • Investment agreement
  • Commercial agreement
Targeted Countries
  • All countries
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General information

Short Summary
Italian start-up company conceived a new digital suite able to encompass all the stage of the design of conventional and unconventional aircraft, focusing on hybrid-electric and hydrogen fuelled aircraft.
This new software can replicate the designers work, starting from the TLAR (Top Level Aircraft Requirement) to the detailed modelling. The company is looking for partners interested in adopting the new digital suite or offering it their clients. The company is also looking for investors
Full Description
Italian start-up company located in Naples aims at innovating aviation towards sustainability, offering digital products, innovative solutions, and environmental commitment. In order to accelerate ecological transition in the aviation sector, the company conceived a new software, a digital suite able to encompass all the stage of the design of conventional and unconventional aircraft, focusing on hybrid-electric and hydrogen fuelled aircraft.
This innovative software can replicate fast what a team of designers actually does, starting from the TLAR to the detailed modelling; further, it fully integrates the concept of digitalization, which is strongly pushing the market of software in aviation, enabling 65 millions Euro of Serviceable Obtainable Market (SOM) .
The company team is made up of dedicated researchers, environmentalists, aviation experts, and tech savvy professionals, dedicated to reshaping aviation into a sustainable and eco-friendly industry.
The company is looking for: a) Original Equipment Manufacturers (OEMs) or ‘tier 1’ ( i.e. the top suppliers in the automotive sector) companies. in the aeronautical sector and/or b) engineering and consultancy companies interested in adopting the new digital suite or offering it to their local/regional/national clients (OEMs or suppliers in the aeronautical sector). The company is also looking for investors in first or second business plan stage development.
Advantages and Innovations
The new digital suite relies on a unique model based approach, which integrates advanced multidisciplinary tecniques for aircraft design and a flexible upscaling. The same aircraft model can be exploited from the concept up to the digital twin (increasingly growing the level of information integrated in the model) reducing time and cost of each design phase up to 50% and 40%, respectively. With this advantage, the company provides its partners high flexibility with maximum cost savings possible during design as well as continuous expert support. Most recent company pre-money valuation is 5 Millions Euro.
Stage of Development
  • Already on the market
Sustainable Development Goals
  • Goal 13: Climate Action
  • Goal 9: Industry, Innovation and Infrastructure
  • Goal 7: Affordable and Clean Energy

Partner Sought

Expected Role of a Partner
Type of partners sought: 1) OEM or tier 1 companies in the aeronautical sector: learn, understand and use the software systems ; 2) Engineering and consultancy companies with OEM or tier 1 clients in the aeronautical sector: learn and understand the software systems; demonstrate and resell the systems to companies in the aeronautical sector; provides training, consulting services and technical assistance in the local/regional/national area. 3) investors: first stage (approximately until June 2024) company milestones fulfilment and performance assessment; second stage (approximately from September 2024) lead raise funding or follow on other funding entities
Type and Size of Partner
  • Other
  • SME 11-49
  • Big company
  • SME 50 - 249
  • SME <=10
Type of partnership
  • Supplier agreement
  • Investment agreement
  • Commercial agreement

Dissemination

Technology keywords
  • 02001 - Design and Modelling / Prototypes
  • 02011001 - Aeronautical technology / Avionics
Market keywords
  • 02007001 - Systems software
Sector Groups Involved
  • Aerospace and Defence
Targeted countries
  • All countries