Two Israeli Startups were selected for a development acceleration track at IAI

The companies QuantLR, Aigent-tech, DST, Scopoli and Fvmat have been selected for a development acceleration track in a hybrid working model with the best technological experts of the aerospace industry. The five companies were selected from hundreds of interested companies and over 90 companies submitted applications for integration at the company's innovation center, 17 of which advanced to the finals. A steering committee composed of IAI R&D and innovation managers has selected the projects for the unique development track.
As part of the acceleration track, which will open on November 1 and last for 13 weeks, IAI joint ventures and start-ups will begin developing a joint minimum Viable Product (MVP) at the IAI Innovation Center. QuantLR will develop together with the experts of the Elta division a project in the field of quantum sensing, Scopoli will promote together with the experts from the systems, missiles and space division a project to locate people and objects in tangled space, Aigent-tech will develop a project with the Elta division in the field of artificial intelligence, DST will develop In cooperation with the engineers of the Aviation Division, a real-time monitoring system, and Fvmat will develop a system in the field.
IAI's VP of Technology, Innovation and R&D, Dr. Amira Sharon: "Along with choosing the five companies that will take part in IAI's development and acceleration track, we have created a connection with many start-ups in diverse content worlds, and we are currently examining the continuation of the relationship. Business according to relevance. Joining the Acceleration Track will provide companies with the opportunity to establish and approve their technology while receiving support and an overall envelope and on the other hand exposure to unique technologies and infringing and challenging work processes in the diverse worlds of open innovation. This activity is another tier in the wide range of established and new processes that the company leads to promote culture and the leading ability to develop systems at the forefront of technology. "
The acceleration track is adapted to the development of advanced technological capabilities in a variety of fields: machine learning, quantum, radar, sensors, robotics, Big Data, Computer Vision, smart cockpit, propulsion, skimmers, cyber, 3D printing, innovative energy sources, health monitoring The center operates in an established and proven development acceleration format, in collaboration with the international accelerator (accelerator) Starburst, which specializes in the worlds of aerospace, and focuses on technological challenges of sprouting development programs in the pre-seed phase, collaborations with start-ups and large organizations. Open innovation to encourage technological diversity and entrepreneurship.
IAI's R&D and innovation activity in 2019 was about $ 900 million, similar to previous years. IAI is a company rich in developing innovative technologies in all areas of its activity: aviation, satellites, patches, intelligence, cyber, MLM robotics and more. The company registers dozens of patents every year and is one of the leaders in the country in this field. The innovation embedded in the corporate culture of the company is based on a close and winning combination between the organic innovation and the open innovation that is managed as an integral part of the R&D programs in the company.