The European Space Agency (ESA) has entered into a collaboration agreement with Altair, a global leader in computational intelligence, to make its aerospace technology available to startups, companies, research centers, and universities throughout Europe. Through the ESA Partnership Initiative for Commercialisation (EPIC), Altair’s AI-powered engineering technology will enable ESA-supported startups to develop and test their products faster, accelerating the exploration of disruptive ideas.
This initiative gives aerospace startups access to the same Altair simulation, data analytics, AI technology used by leading aerospace organizations, and consulting and technical mentorship. Pietro Cervellera, senior vice president of aerospace and defense at Altair, said that partnering with ESA represents a coming together of two pioneers in the aerospace industry. Joana Kamenova, EPIC lead at ESA, looks forward to helping expand the reach of Altair’s technology to usher in the next generation of space innovation.
Collaboration Agreement between Altair and the European Space Agency
The European Space Agency (ESA) has entered into a collaboration agreement with Altair, a global provider of computational intelligence solutions, through the ESA Partnership Initiative for Commercialisation (EPIC). This partnership aims to make Altair’s aerospace technology within the Altair HyperWorks and Altair RapidMiner platforms available to all startups, companies, research centers, and universities throughout Europe who are collaborating with ESA or developing technologies with ESA support.
The agreement enables access to Altair’s simulation, artificial intelligence (AI), and data analytics solutions for ESA-supported startups. This will allow them to develop and test their products faster, accelerating the creation of minimum viable products (MVP) – a crucial step in obtaining funding and reaching commercialization. The initiative provides aerospace startups with access to the same Altair technology used by leading aerospace organizations worldwide, along with Altair’s consulting and technical mentorship expertise.
Altair’s AI-powered engineering technology is expected to play a significant role in fostering innovation throughout ESA’s programs. By partnering with ESA, Altair aims to further its mission of creating a safer, more connected, and more sustainable aerospace industry. The collaboration solidifies Altair’s status as a key player in the aerospace industry and reinforces its commitment to industry-wide innovation.
Benefits for Aerospace Startups
The partnership between Altair and ESA offers several benefits for aerospace startups. By gaining access to Altair’s technology portfolio, startups can accelerate their product development and testing processes. This enables them to quickly create MVPs, a critical step in securing funding and reaching commercialization. Additionally, the initiative provides startups with access to Altair’s consulting and technical mentorship expertise, which can help them navigate the complexities of the aerospace industry.
The partnership also connects startups with ESA’s extensive network of innovation centers, technology brokers, and incubation programs. This ecosystem provides startups with opportunities for collaboration, knowledge sharing, and access to resources to help them grow and succeed.
Altair’s Technology Portfolio
Altair’s technology portfolio is diverse, scalable, and unified, making it an ideal solution for aerospace organizations of all kinds. The company’s simulation, data analytics, and AI solutions are used by leading aerospace organizations worldwide, and its consulting expertise has helped numerous companies navigate the evolving digital landscape.
The Altair HyperWorks platform provides a comprehensive suite of simulation tools that enable users to model, analyze, and optimize complex systems. The Altair RapidMiner platform offers a robust data analytics solution that allows users to extract insights from large datasets. By combining these solutions with its AI-powered engineering technology, Altair provides aerospace organizations with a powerful toolkit for driving innovation and reducing time-to-market.
ESA’s Partnership Initiative for Commercialisation (EPIC)
The ESA Partnership Initiative for Commercialisation (EPIC) was established in 2022 to foster entrepreneurship and enhance the commercialization pathway of European startups. The initiative connects corporate, academic, and institutional partners with ESA-supported startups, providing them with access to leading technology and expertise.
EPIC reaches into the world’s largest space innovation network, including ESA Business Incubation Centres (ESA BICs), ESA Technology Brokers, ESA Φ-labNET, ESA Φ-lab (ESRIN), and the InCubed Earth Observation commercialization program. By partnering with EPIC, Altair aims to further its commitment to industry-wide innovation and drive growth in the aerospace sector.
Overall, the collaboration agreement between Altair and ESA is expected to have a significant impact on the aerospace industry, driving innovation, reducing time-to-market, and fostering entrepreneurship among European startups.
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