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PROGRAM

LTP Startup Challenge

A unique opportunity to pitch your business to Lufthansa Technik Philippines Supporting entrepreneurs looking to apply their business to the aviation maintenance repair and overhaul (MRO) industry

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About the program

LTP Startup Challenge is a unique opportunity for entrepreneurs and startups looking to apply their ideas/ solutions to the aviation's MRO (maintenance repair and overhaul) industry.

Powered by Lufthansa Technik Philippines (LTP) and Seedstars, the 5-day program is designed to support high-potential entrepreneurs and startups with new ideas or solutions that will challenge and innovate the aviation's MRO space. In the program, you'll gain access to the subject-matter experts from Lufthansa Technik Philippines that will help demystify the world of aviation's MRO, and at the same time receive venture building support to further build on your business and prepare for fundraising.

At the end of the program, all participants will be joining together in the LTP Pitching Challenge, where up to 3 ventures will be selected and invited to Lufthansa Technik Philippines (LTP) headquarters to negotiate their business to the core LTP team, with an opportunity to initiate collaboration opportunities to engage their solutions at LTP

See the winners

AIIR Innovations

SOFTWARE DEVELOPMENT • THE NETHERLANDS

Aiir Innovations

Provide the most advanced borescope inspections through AI and advanced digital tools. Aiir is the innovative toolbox for all inspectors to perform faster & qualitative inspections.

MORE INFO

Evitado

AVIATON TECHNOLOGY • GERMANY

EVITADO Technologies GmbH

"Evitado is revolutionizing the future of aviation by automating airside operations. Our product solution mitigates the risk of collisions and increases the level of safety and efficiency whilst providing real-time data for optimizing operations."

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Augmenteed

TECHNOLOGY • SINGAPORE

Augmenteed

We augment front-line workers capabilities to instantly upskill them to Engineers 4.0. Augmenteed is a platform where industrials can create their own procedures within hours and without coding. They can now deploy mobile applications to field technicians for MRO (Maintenance, Repair and Operations), inspection or training. We have achieved to increase productivity and efficiency of field workers by up to 500%

MORE INFO

Block Aero Technologies

AVIATION AND AEROSPACE COMPONENT MANUFACTURING • THAILAND

Block Aero Technologies

Block Aero has commercialized the world's first blockchain based asset management solution for the aviation industry.

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Application Criteria

  • Entrepreneurs with innovative ideas and startups across all stages. (We are open to idea stage solutions)
  • We are open to entrepreneurs and startups globally
  • You're directly or indirectly working on a solution that can be applied to the MRO (maintenance repair and overhaul) services industry for aircraft
Criteria

Entrepreneurs and startups from any sector are welcome to apply if your products/ services can be applied to the MRO service industry for aircraft. Your solutions can address any of the following areas:

  • Reduction of laborious and repetitive tasks
  • Efficient and real-time tracking of tools and materials
  • Smart technologies to improve Safety and Quality in the Workplace
  • Efficient Scheduling and Monitoring of Aircraft Maintenance events
  • Reduction in the number of delayed tasks due to material issues without bloating inventory
  • Digital and Automated Aircraft Inspections
  • Other technological innovations and digital enhancements for more productive aircraft maintenance and support processes
  • Other technological innovations that support the intent of introducing new products in the aviation market

Selected Startups

Aiir Innovations

SOFTWARE DEVELOPMENT • THE NETHERLANDS

Aiir Innovations

Provide the most advanced borescope inspections through AI and advanced digital tools. Aiir is the innovative toolbox for all inspectors to perform faster & qualitative inspections.

MORE INFO

Appsteer

DIGITALIZATION • UNITED STATES

AppSteer

Cloud-Native business digitization platform for achieving sustainable competitive advantage by responding rapidly to changing market conditions/customer expectations

MORE INFO

Augmenteed

TECHNOLOGY • SINGAPORE

Augmenteed

We augment front-line workers capabilities to instantly upskill them to Engineers 4.0. Augmenteed is a platform where industrials can create their own procedures within hours and without coding. They can now deploy mobile applications to field technicians for MRO (Maintenance, Repair and Operations), inspection or training. We have achieved to increase productivity and efficiency of field workers by up to 500%

MORE INFO

Block Aero Technologies

AVIATION AND AEROSPACE COMPONENT MANUFACTURING • THAILAND

Block Aero Technologies

Block Aero has commercialized the world's first blockchain based asset management solution for the aviation industry.

MORE INFO

DataMesh Pte. Ltd.

INFORMATION TECHNOLOGY • SINGAPORE

DataMesh Pte. Ltd.

DataMesh is pioneering in Digitization of enterprises by utilizing digital twin and extended reality technology. Our vision is to democratized digital twin and wish every persona in the enterprises to be benefit from the digital twin and extended reality technologies. .DataMesh DTCS (Digital Twin Cloud Services) provides digital twin resource management and digital twin cloud service capabilities, providing a solid underlying technical support for enterprise digital twin application scenarios and solutions.

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Evitado

AVIATON TECHNOLOGY • GERMANY

EVITADO Technologies GmbH

"Evitado is revolutionizing the future of aviation by automating airside operations. Our product solution mitigates the risk of collisions and increases the level of safety and efficiency whilst providing real-time data for optimizing operations."

MORE INFO

HACARUS

AI SOLUTIONS • JAPAN

HACARUS

HACARUS is a Japanese company that provides best-in-class Artificial Intelligence solutions for its clients. We have plenty of experience deploying customized projects in different industries, solving problems through our expertise in image data analysis and time-series data analysis, for example, object recognition, visual inspections or predictive maintenance. One of HACARUS’ strongest differentiators is the ability to work with small data sets, which is very convenient when it is difficult to obtain large amounts of images or video footage in order to create the AI models, or even to make changes.

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Mowito Robotics Inc.

ROBOTICS • UNITED STATES

Mowito Robotics Inc.

We have built a mobile, vision-enabled robotic arm to pick and place objects inside a store/warehouse. Our robot will reduce human errors, improve throughput, compress the footprint of the warehouse and free up people for more meaningful tasks - all this while ensuring better unit economics on a per-pick basis.

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Pinmicro India Pvt Ltd

INTERNET OF THINGS • INDIA

Pinmicro India Pvt Ltd

RTLS enables a wider range of location-based solutions that can improve operational safety and the entire manufacturing process from production and warehousing to delivery and even supply chain management. We Provide IoT based RTLS solution that seamlessly creates virtual representations of physical assets and processes using location intelligence to generate automated digital footprints of any business operation.

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qualiTEAS Inc.

MACHINE LEARNING TECHNOLOGY • CANADA

qualiTEAS Inc.

qualiTEAS is a Canada based corrosion inspection and management company. Our solution is a machine learning based computer vision technology (Argus 1.21) capable of analyzing asset images/videos to assess any impact(s) due to corrosion. This digital inspection solution can further augment the on-site visual asset inspection, as a part of a digital twin application that can ultimately complement predictive maintenance practices.

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Telepresenz

AI TECHNOLOGY • UNITED STATES

Telepresenz

Connected Worker Platform for Inspections, Maintenance, Repair + Operations. Telepresenz is a leader in mobile-first industrial digital transformation; employing enterprise wearables, IIoT, AI, and augmented intelligence technology.

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Xennial Digital

VR SOLUTION • UNITED STATES

Xennial Digital

Xennial Digital has developed a Virtual Reality enterprise solution that enables aircraft technicians to be trained faster and more efficiently.

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Program Timeline

Application period

8 August - 20 September 2022

Selected participants announcement

by 23 September 2022

Program Training Date

3 October - 6 October 2022

Pitching challenge

11 October 2022

Waste

Program Benefits

At the end of the program, all participants will be joining together in the LTP Pitching Challenge, where up to 3 ventures will be selected and invited to Lufthansa Technik Philippines (LTP) headquarters to negotiate their business with the core LTP team- with an opportunity to initiate collaboration opportunities and engage their solutions at LTP.

Meet the Project Team

None

PROGRAM MANAGER ASIA, SEEDSTARS

Nat Lertplakorn

None

EIR & ENTREPRENEUR SUCCESS LEAD AT SEEDSTARS

Daria Markova

None

PROJECT MANAGER STRATEGY AND PMO

Anna Norell Macatangay

None

VICE PRESIDENT OF FINANCE, VICE PRESIDENT OF STRATEGY AND CORPORATE PROJECTS

Stefan Yordanov

None

PROJECT MANAGER STRATEGY AND PMO

John Philip Ilagan

None

STRATEGY AND CORPORATE PROJECTS, DIVISION MANAGER

Cely Rose Apple Pangan

None

PMO SPECIALIST

Philipe Timothy D. Janke

None

AEROSPACE & AVIATION ADVISOR

Tina Di Cicco

About Partners

LufthansaTechnik Philippines

ABOUT

Lufthansa Technik Philippines

Lufthansa Technik Philippines (LTP) is a joint venture company of Lufthansa Technik AG and MacroAsia Corporation, offers a wide range of aircraft maintenance, repair and overhaul (MRO) services to customers worldwide. LTP makes it its mission to ensure that all aircraft leaving its hangars reflect the world-renowned Lufthansa Technik standards of quality, safety, and reliability. A key pillar for operational success is our passion and ongoing drive to achieve and meet high international standards in terms of quality, health and safety, and environment.

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Seedstars

ABOUT

Seedstars

Seedstars is an investment holding company founded in Switzerland in 2012 with the mission to impact people's lives in emerging markets through entrepreneurship and technology.

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Read more

Lufthansa Technik Philippines launches regional search for aviation industry innovators

ASIA • AEROSPACE

Lufthansa Technik Philippines launches regional search for aviation industry innovators

The Lufthansa Technik Philippines and Seedstars is the LTP Startup Challenge for aviation innovators in the APAC region.

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