Starburst Aerospace Accelerator

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Starburst Aerospace Accelerator Starburst company overview MARCH 2019 Starburst has rapidly grown to reach a global presence LAUNCH Starburst key milestones INNOVATION Opening of DEFENSE LAB Montreal office 2019 4000 startups Opening of Munich and 2017 Singapore 2500 startups offices Opening of Los Angeles office 2016 Launch of Paris 1500 startups Launch of Accelerator Starburst in Paris 2015 200 startups 2013 2012 100 startups 50 startups 2 We address the entire aerospace value chain Starburst startup scope Space Mobility § Satellites § Launchers § Data communication § Earth observation Regional Mobility § New concepts (supersonic, hybrid) § Connectivity § Energy management Urban Mobility § UAS § Autonomous flight § eVTOL § Energy Management Infrastructure ENABLING Technologies § Passenger Experience § Cybersecurity § Airport security § Connectivity/Sensors/Antennas/IoT § Automation § Big data, AI, Machine Learning § Airport retail § Industry 4.0, Robotics 3 Starburst combines 3 complementary activities for a unique value proposition Starburst service offering ACCELERATOR > Innovation scouting > Matchmaking between startups and corporates CONSULTING ACCELERATOR > Growth (new products, new markets) > Digitization by innovation STARBURST > Innovation performance VALUE > Agile Transformation PROPOSITION > Custom scouting VENTURES CONSULTING VENTURES > Global Aerospace fund > Limited Partners investment opportunities A range of services fulfilling the needs of all businesses interested in Aerospace innovation: startups, corporates, investors 4 proposES a 5-step journey towards best-in-class innovation management understand Monitor what is happening in 20 different technical domains in term of new startups, new products, fund raising 1 TRANSFORM ENGAGE Increase the maturity of Participate to our global your organization to trigger Accelerator program to discover an efficient and sustainable local innovative ecosystems and management of your 5 2 engage with the most adequate innovation and R&T innovations for your business Change culture ACQUIRE Expose your engineers and 4 3 Prepare for early strategic business developers to that new technologies acquisition, as well as lean startup engineering later stage less risky M&A development culture 5 Source: Starburst Starburst has built an unmatched global Aerospace innovation ecosystem Starburst key facts and offices 4000+ STARTUPS SCREENED 100+ YEARS OF AEROSPACE CONSULTING EXPERIENCE San Francisco Montreal Paris Munich Los Angeles Singapore 40 AEROSPACE CORPORATE 450+ STARTUPS PITCHED PARTNERS WORLDWIDE 100 LABS & UNIVERSITIES IN EUROPE AND US 6 Starburst is a trusted partner to set up and operate industry specific accelerator programs for clients External SEED accelerator programs run by Starburst Innovation Defense Techstars-Starburst Aviation Aerospace & Lab Space Accelerator Accelerator Defense Accelerator Customer/ French Ministry of Techstars Centech Mubadala Partner Defense Location Paris Los Angeles Montréal Abu Dhabi Industry focus Defense Space Aviation Aerospace & Defense Program details § 3-year contract § 2019-2021 § Cohort of startups § 3 year contract § General contractor § Backed by NASA dedicated to § 12-week acceleration Aerospace § Dedicated to JPL, US Air Force, bootcamp per cohort, exchange between Maxar, SAIC, § 12-week program with intense hands- all innovation Lockheed Martin § Mentoring and on mentoring stakeholders related § 13-week acceleration fundraising support § Starburst invests to French forces bootcamp per cohort, services 150k for equity with intense hands- on mentoring § Investing 120k equity per startup 7 Starburst Consulting helps corporates to successfully leverage innovation Starburst Consulting CONSULTING OFFER SELECTED REFERENCES Growth Business Transformation Corporates § Market size, trends & drivers § Production digitization § Competitive landscape through innovative § Go-to-market strategy technology: IoT, AR/VR, AI, big data, cobots, … § Product-market fit Opportunity assessment, biz case, § Business planning process analysis & re-design, § Country assessment technology selection & roll-out § Commercial due diligence § Agile transformation for § Startup valuation productivity increase for large projects Innovation Management § Business digitization – Supply chain § Innovation performance – Customer Experience Startups § Innovation strategy – Support processes (HR, § Incubator / accelerator / CVC Finance, etc.) concept & implementation Investors 8 Starburst Accelerator connects aerospace corporates with innovative startups Starburst Accelerator CORPORATES PARTNERS ACCELERATOR PARTNERSHIP European partners § Access to an ecosystem of 4000+ startups, sorted along 18 technology verticals § Access via: – Global selection committees (10-12 per annum) to assess 10 promising startups - next one in Munich in December at MTU – Private pitches sessions, organized twice a year at a corporate partner’s premises and during which 5-8 startups present in detail American partners their value proposition through 30’-45’ pitches – Mentoring opportunities (mutual learning opportunity) in the context of the Starburst Accelerator program (1-year program bringing startups from Seed to Series A) 9 Starburst Ventures offers limited partnerships to benefit from the next disruptive innovation in aerospace Starburst Ventures STRATEGIC SERVICES LIMITED PARTNER TERM Detailed Startups activities Activity Market Maturity Build supersonic commercial passenger aircraft to reduce flight itineraries by more than half the time, thereby opening up new markets, and increasing airlines’ flight frequency US$5 –10b Prototype phase Innovative solutions for aviation efficiency and safety; Main product: Optimizing big data US$500m Pre-industrialization to reduce fuel consumption Adoption of innovative processing techniques to transform complex satellite imagery into simple, understandable information usable by financial markets US$1b Commercialization Earth Observation Constellation System for Agriculture and Urban Monitoring data, with plans to create open platform for application development using satellite data US$1 – 3b Pre-industrialization ü Standard US VC terms Earth Observation Constellation System for weather forecasting and climate monitoring Executive Summary US$1 – 3b Commercialization to provide timely data needed for humanitarian assistance and disaster relief > Deal flow report Delivering real-time low altitude airspace information and services for all (embedded US$5b Pre-industrialization airspace intelligence for drones, surveillance, safety, and security…)Evaluation Risk Amphibious drone freight delivery that docks at a maritime port, and transports goods by }Experienced and competent balanced team backed by strong advisory board High flight US$500m } Team has technical expertise in Prototype phase aerostructure, fuel systems, ‒ Business Leadership: Founder Blake and Co-founder Josh has started companies hydraulics, fluid dynamics, propulsion, certification, production which Groupon acquired. Blake’s ability to discuss engineering content despite lack Team of background shows high learning ability and passion } In-depth knowledge of industry nuances may be lacking as all 3 Connecting communication products with 5g reception at greater distance, on smaller leaders have no core experience in commercial aviation or technical ‒ Technical Leadership: Co-founder Joe has background in FAA certification. Rest of US$1b understanding of supersonic jets. Advisers from previous supersonic Commercialization devices, higher resolution and data rates, usingthe team were in technical roles at Pratt & Whitney, Boeing, Virgin millimetre wave and radar technology. Galatic, Scaled programs will be able to provide strong support. Composites, SpaceX, and NASA Low Cloud HPC simulation platform, turn-key platform for running high performance }Application of technology to capture premium traffic in specific long-haul flights High computing and simulations in the enterprise. US$5 – 10b Commercialization ‒ Modifying existing supersonic aircraft technology to eliminate need for creating } Demonstrator flight failure may stop project though unlikely given Product certification, thus able to go to production faster that risk can be greatly reduced from the many tests and data Large drone capable of carrying payloads in excess of 500kg with ducted fan design and ‒ Offering new set of air travel metrics and product offering for international airlines comparison for after action reviews and modifications before an ü actual flight takes place $10 M minimum commitment VTOL capabilities to navigate in urban environment.‒ Boom’s business model closely resembles now defunct programs Concorde and US$10b Prototype phase Tupolev Tu-144 which are providing learning opportunities for Boom Low High > }Niche market estimated at US$268b over 10 years in which Boom can monopolize } Regulatory hurdles relating to emissions and noise level may impede Private briefings on business viability of supersonic liners }Closest competitors are Boeing and Airbus Market ‒ Boeing and Airbus aircraft programs take 10-15 years to design and produce. } Changes to market conditions may affect the business premise Supersonic liners a possible market for them in future but too small to enter now } Low risk of aerospace incumbents entering commercial supersonic ‒ Other supersonic aircraft designers are operating in the business jet space space. Current supersonic programs are focused on business aviation Low } Risk of lack of partners’ support is low given
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