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.
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.