Altair India Signs MoU With Aeronautical Society of India

Altair India has signed an MoU with Aeronautical Society of India - Bangalore branch and their special interest group Aero Innovation & Skill Centre (AISC) as Mentors & Jury for Altair India Start-up Challenge (ASC) 2022. ASC 2022 is focused on Start-Ups in the Aerospace and Defence field and especially in the UAV segment.

“I congratulate the Aeronautical Society of India, Bangalore Branch (AeSI) on launching a special interest group, Aero Innovation and Skill Centre (AISC). I am sure this initiative will help bridge the skill gap between the Industry and Academia and will nurture the start-up ecosystem in the aerospace & defence industry in the coming years”, said Vishwanath Rao, MD/country manager, Altair (India & GCC).

Under the MoU, AISC and Altair will reach out to incubators to promote ASC2022. The former will guide and support Altair to identify potential startups for the startup challenge program. Altair will support with software, courseware and certifications to AISC’s start-up and academia programs.

AISC will mentor the identified startups and support them with technical know-how whereas Altair will support them with know-how on Altair technology and solutions.

“Altair believes that these upcoming start-ups in the field of Aerospace and Defense will challenge the status quo and accelerate the speed of innovation by leveraging the solid platforms built by our DRDOs & DPSUs. The initiatives taken by the Aeronautical Society of India and the Altair Start-up Challenge are the steppingstones to creating a humming ecosystem for Aerospace & Defence innovation through startups”, Rao added.

Altair in collaboration with Start-up India, a Government of India initiative, built a strong and inclusive ecosystem for innovation and entrepreneurship in India, known as ‘Altair Start-up Challenge’. It gives organisations access to high-end technology, mentorship, and expert support and guidance in their quest for innovative products. The intiative requires startups to identify Altair technologies that would drive the design and engineering of their companies’ products – which would improve product performance, reduce product development time, and minimize cost.

Companies are shortlisted from a pool of applications received; as a reward, Altair provides these startups with mentorship and free access to Altair technologies for four months.