Paris-based aerospace startup accelerator Starburst to establish Singapore editon

Paris-based aerospace accelerator Starburst is establishing a Singapore edition, which will officially launch in September 2016. To date, it maintains branches in Paris, Munich and Los Angeles.

Starburst said it had decided on Singapore due to the availability of a notable cross-section of aerospace engineering talents.

Some companies with a presence in Singapore include Spire, a satellite-powered data company, Aster Aviation which proceeded bio-gas powered aircraft or AirGo Design, creator of the next-generation airline seats and been selected among the top 10 start-ups by the Starburst Accelerator back in 2015.

“It’s an exciting time for aerospace. Technology is changing the way passengers travel and it’s creating a new competitive landscape from telecom, finance, agriculture and more looking for improved access to information,” said Van Espahbodi, co-founder and partner at Starburst Accelerator, as quoted by Singapore Business Review.

Starburst said it will work with industry leaders such as Airbus Group, Northrop Grumman and Thales Group to help startups get access to seed funding fro business angels and venture capital firms.

Apart from building rockets, Starburst is working with startups focusing on areas like electric cars that have vertical landing capabilities or even in the cabin space to get more connectivity.

Ventures like SpaceX, Blue Origin and Virgin Galactic have opened up the sector for entrepreneurial ventures looking to innovate and expand the scope of the aerospace industryto revolutionise the space technology in the world and Starburst is hopeful in Asia, with Espahbodi saying that the Singapore expansion is to identify non-aerospace sector ventures whose products and services can be adapted and deployed in aerospace applications.

Through collaboration with companies from outside the traditional aerospace environment, Starburst is hoping to see an emergence of more creative solutions and services.

Also Read:

SpaceX rocket set for next flight as company boosts production

KKR to buy Airbus Group’s defence electronics unit for $1.2b

Singapore: ST Engineering associate to inject $3m into aerospace unit; Halcyon Agri stake sale

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.