IAG Cargo picks startups for Hangar 51 collaboration project
02 / 10 / 2018
IAG Cargo has finalists from the group’s Hangar 51 startup partnership programme that it will be collaborating with over the coming months.
IAG Cargo along with the rest of the group heard from the shortlisted startups who presented their innovative products and services before a judging panel at a pitch day in London.
The programme received over 400 applications from 40 countries, with 28 finalists selected by the IAG Group presenting their proposals for a chance to take part in the accelerator programme.
A final 10, some of which will not work with IAG, were then selected from that shortlist.
The programme gives entrepreneurs access to the necessary resources to develop, shape and test their products.
The Hangar 51 finalists selected to work with IAG Cargo are: Mobilus Labs, which offers a wearable voice communications platform to enable teams to connect from various environments.
Emu Analytics, creates real-time analytics and data monetisation solutions to help track cargo and baggage containers.
And finally, Assaia, a Swiss startup which feeds airport ramp video footage into the airlines’ networks to set up more efficient aircraft turnarounds.
IAG Cargo chief executive Lynne Embleton said: “We are committed to continually innovating and investing to change how the future of air cargo logistics works.
"Through Hangar 51, IAG Cargo is excited to offer start-ups a chance to test and develop their products working out of our offices, and to have the opportunity to grow on a global scale. We are looking forward to working alongside Mobilus Labs, Emu Analytics and Assaia over the next 10 weeks to unlock opportunities and enhance our customer experience.”
The Hangar 51 accelerator programme will culminate in a demonstration day held in London on December 14 where candidates will showcase their achievements before an audience comprised of the Group’s senior management team and investors.
This will give them the opportunity to receive potential investment from IAG’s digital fund to develop their business.
