Edinburgh-based artificial intelligence (AI) startup Anomalous Technologies has secured a highly coveted place on the ATI Boeing Accelerator programme.
Anomalous, which specialises in developing AI-powered software to aid in the inspection, maintenance and repair of aircraft, will now join nine other startups from around the world to embark on the three-month programme, which starts in January 2020.
The firm was selected from 260 applicants to take part in the inaugural programme, which is delivered in partnership with ATI, Boeing and Ignite, a leading European accelerator. GKN Aerospace is also the programme’s the corporate sponsor.
The accelerator will help the company to forge key relationships with global aerospace companies, win investment, and to engage with the wider sector. The company will also receive an £100,000 equity investment from Boeing HorizonX Ventures.
Company founders, Euan Wielewski and Matt Davies, will spend three months in London working out of GovTech focused workspace, Public Hall.
The pair will work with Boeing’s global network of experienced entrepreneurs, mentors and investors. They will also have access to ATI, Boeing and GKN Aerospace strategists and technical experts.
Wielewski and Davies will share their expert knowledge with other experts, collectively helping to develop sustainability-enabling technologies within Industry 4.0.
Wielewski, Co-founder and CEO of Anomalous, said: “Our software helps inspection and maintenance teams find problems in any number of aircraft parts, from fan blades to other key engine components. The use of AI can make inspection faster and more accurate – an advantage that can save money, and even lives.
“Being selected for the ATI Boeing Accelerator is a huge opportunity for Anomalous and great validation of all the hard work we have put in over the last year. Working with the world’s biggest aerospace company through the accelerator programme will give us a fantastic platform to further develop our product and scale our business.”
- Drinks-on-demand Tech Firm Launches Fundraiser Campaign
- Scottish tech firm Novosound backed with £3.3m funding
- Google’s Self-Driving Vehicle Project Snaps Up British AI Firm
Davies, Co-founder and CPO of Anomalous, said: “This is a great opportunity for us to build relationships in the industry and deepen our understanding of our aerospace client’s needs.
“We are excited to continue to meet with teams on the front lines of maintenance and repair to understand their challenges and build a product that can truly enhance their capabilities and productivity. Their feedback, and our exposure to their process and supply chain, will be invaluable.
“Boeing and GKN are globally recognised aerospace pioneers; it is a privilege to be part of this inaugural programme. We are excited to get stuck in and demonstrate the capability of our technology.”
Upon completing the programme, Anomalous will mark the end by participating in a demo day, where they will pitch their business to customers, key industry stakeholders and investors to achieve commercial and equity outcomes.
Brian Schettler, Senior Managing Director at Boeing HorizonX Ventures, said: “Boeing is thrilled to be involved in this programme, as we believe the 10 selected startups are bringing new ideas and technologies into our industry.
“We’re excited to see how the accelerator builds on their existing capabilities and enhances their ability to impact aerospace with their innovation.”