SMEs working on new aviation technologies get support to scale.
Alongside access to funding for trials and testbeds for demonstrations, the SMEs received mentorship and support from a consortium of industry partners, academic institutions, and regulatory bodies. These included: UK Civil Aviation Authority, British Standards Institute, AGS Airports, Heathrow Airport, GKN Aerospace, Supernal, Cranfield University, Coventry University, with access to the facilities at Snowdonia Aerospace.
The programme demonstrated not only the art of the possible for new aviation technologies but how, by collaborating across the industry, we can test, validate, and accelerate these technologies to market successfully. The SMEs on the programme represented an array of technologies, from simulations of how flying taxis could integrate into the skies of London; to demonstrating new systems and technologies that power the future of flight; to supporting airports to achieve net zero through autonomy, airside asset monitoring and optimising energy usage.
Connected Places Catapult delivered the programme in partnership with Plus X, where together they supported the SMEs through a bespoke programme tailored to their requirements. This included support on areas such as investment readiness, business modelling and product development, alongside introductions to aviation stakeholders and investors through networking events.
The programme was co-designed with the SMEs to scale their businesses and adapt their propositions to the requirements of the partners and the wider industry. The funded trials together with mentorship provided, supported the cohort in raising over £5.5 million in investment, securing over £6 million in grant funding, securing new commercial clients, alongside creating over 65 new jobs whilst on the programme.