T-Hub and HAL Collaborates to Support Aerospace Startups

• ByStartup Story Team     |    February 18, 2023

Innovation center and ecosystem facilitator T-Hub has joined forces with Hindustan Aeronautics Limited (HAL), a prominent player in the aerospace industry, with the objective of providing assistance to startups in the Aerospace sector. The strategic partnership was announced on Friday. 

T-Hub and Hindustan Aeronautics Limited (HAL) have inked a memorandum of understanding (MoU) for a duration of two years, as per a press release by T-Hub. The partnership has set out to provide assistance to startups operating in the aerospace and defense composite market. This market is expected to grow at a CAGR of 13.1% from 2021 to 2027, as stated by Statista.

According to a recent press release, the collaboration between T-Hub and HAL will provide startups in the aerospace and defense composite industry with industry expertise, market access, and resources to support the development and expansion of their technologies.

As part of the collaboration, HAL will aid startups in developing Proof of Concepts (PoC), providing them with valuable industry expertise and assistance in materializing their concepts. In contrast, T-Hub will furnish startups with access to a diverse network of technology-focused startups and provide mentorship, training, and other support services, all geared towards ensuring the success of these nascent firms.

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