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How Honeywell Is Helping Innovative Start-ups Shape the Future of Flight
How Honeywell Is Helping Innovative Start-ups Shape the Future of Flight
13 cutting-edge companies across the globe are competing for positions in Honeywell Start-up, Honeywell Aerospace’s new global start-up program. There, start-ups can build, test and scale innovative technology solutions and prototypes that will shape the future of flight with Honeywell.
Targeted areas for this year’s program include zero emissions and sustainability, counter uncrewed aerial systems, digital-twin technology, hybrid connectivity, low-cost avionics and reliable position navigation and timing.
The 13 semi-finalist companies, chosen from 163 applications, pitched at Honeywell’s Selection Bootcamp on May 17-18, 2022. They were Mojoboxx, BosonQ Psi, QpiAI, Sightec, Edge Company, Agniforge, Vizgard, Dujud, Space Engine Systems, Bramble Energy, Advent, Infinity Fuel Cell and Castor. The winners for the 2022 edition of the Start-up program are expected to be announced by end of July.
Honeywell Start-up gives those ultimately picked for the program an equity-free grant to develop minimally-viable prototypes, the opportunity to co-create with Honeywell Aerospace business units–and potentially to develop scale-up and joint go-to-market possibilities. Participants also gain access to aviation enterprise expertise, lab infrastructure, opportunities to build strong partnerships and technical and commercial validation from industry stalwarts.
Those joining the Honeywell Start-up pilot will work on three program phases over three to six months. This will be followed by a demo showcase to Honeywell global teams and the corporate and venture capital ecosystem.
The 13 companies attending the bootcamp saw their proposals evaluated on applicability to program categories, product viability, feasibility, fit-to-Honeywell needs, and maturity to deploy solutions at scale.
“Although we have been working with start-ups throughout Honeywell Aerospace, this is the first time that we come together as part of a structured initiative. It is very encouraging to see the interest that the start-up ecosystem has in working with Honeywell” said Kurt VandenBussche, VP Technology Strategy and Innovation. “We had a diverse set of start-ups, with several interesting offerings from the bootcamp. What stood out consistently was the passion and zeal of these start-ups as they discussed their solutions. Overall, it was a great learning experience for us” said Niranjan Kalyandurg, VP Engineering and HTS Aero India Leader.
The Honeywell Start-up program is sponsored by the Strategy, Technology and Commercial organizations at Honeywell Aerospace. It is executed by the core team consisting of Saiesh Reddy, Vijay Yaram, Swetha Balasa, Shunmug Madasamy, Rama Pratap Bontha and Link Innovations, the external program partner.
