Eutelsat Partners with Starburst Accelerator
July 29 2015 - 5:25AM
Business Wire
Unique start-up incubator assembling
aerospace stakeholders galvanises innovation
Regulatory News:
Eutelsat Communications (Paris:ETL) (NYSE Euronext Paris: ETL)
today announces it is becoming a partner of Starburst Accelerator,
a start-up accelerator that stimulates innovation in the aerospace
industry.
Starburst Accelerator was set up in 2013 to propel innovation in
the aerospace sector by closing the gap separating new ventures
from established companies, public organisations and venture
capital firms. It provides young start-ups with a set of services
enabling them to fast-track their growth, including support for
business plans, interface with investors and industrial groups,
office space and participation in regular workshops. It has also
initiated partnerships with university labs in Europe and is
expanding this network in the USA.
As the first corporate partner with an operator profile to
support Starburst Accelerator, Eutelsat will strengthen the
incubator’s interest in start-ups developing services, applications
and downstream technologies and will be part of the selection
committee, joining innovation experts from partners that include
Airbus, Thales, Hutchinson, Panasonic, Liebherr, Safran and Air
France-KLM.
Jean-Hubert Lenotte, Director of Strategy of Eutelsat, said:
“Becoming a partner of Starburst Accelerator is one more step in
our active policy of open innovation, following on from our
investment in Sigfox, the fast-growing connectivity provider
dedicated to the Internet of Things. In domains where disruptive
changes are taking place, teaming with start-ups fosters joint
exploring of new approaches and spurs innovation. As a corporate
partner of Starburst Accelerator we want to support young ventures
in the aerospace sector and help them successfully innovate and
grow.”
Francois Chopard, Founder of Starburst Accelerator, added: ”We
are very excited to have Eutelsat on board, one of the leading
operators of communications satellites. As connectivity is becoming
a major subject in terms of new services, a growing number of
start-ups are entering this field. It is important for us to be
able to connect them with one of our partners. We are now closing
the loop of the aerospace supply chain.”
About Eutelsat Communications
Established in 1977, Eutelsat Communications (Euronext Paris:
ETL, ISIN code: FR0010221234) is one of the world's leading and
most experienced operators of communications satellites. The
company provides capacity on 37 satellites to clients that include
broadcasters and broadcasting associations, pay-TV operators,
video, data and Internet service providers, enterprises and
government agencies. Eutelsat’s satellites provide ubiquitous
coverage of Europe, the Middle East, Africa, Asia-Pacific and the
Americas, enabling video, data, broadband and government
communications to be established irrespective of a user’s location.
Headquartered in Paris, with offices and teleports around the
globe, Eutelsat represents a workforce of 1,000 men and women from
32 countries who are experts in their fields and work with clients
to deliver the highest quality of service.
For more about Eutelsat please visit www.eutelsat.com
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Eutelsat CommunicationsPressVanessa O’Connor, Tel:
+ 33 1 53 98 37 91voconnor@eutelsat.comorMarie-Sophie Ecuer, Tel: +
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analystsJoanna Darlington, Tel. : +33 1 53 98 35
30jdarlington@eutelsat.comorCédric Pugni, Tel. : +33 1 53 98 35
30cpugni@eutelsat.com
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