Starburst Accelerator Launches In Munich

Starburst Accelerator to launch with a pitch event on March 8, 2016 at the Ludwig Bölkow Campus

MUNICH, March 7, 2016 /PRNewswire/ -- Starburst Accelerator, the leading European aerospace accelerator, today launches its program in Munich, Germany. The program will be based at the Ludwig Bölkow Campus.

"We are thrilled to bring Starburst Accelerator to Germany," said Francois Chopard, CEO of Starburst Accelerator. "As we continue to expand our reach across Europe, we chose Munich for its prosperous corporate and investor landscape and the growing innovation landscape. There is great potential here to be a nourishing ground for aerospace start-ups."

Starburst Accelerator launched in Paris in 2012. The company works with key leaders in the aerospace sector including AIRBUS GROUP, LUFTHANSA TECHNIK, THALES GROUP, SAFRAN, LIEBHERR AEROSPACE, PANASONIC AVIONICS, AIR FRANCE KLM and many others to participate in the Starburst program. Capitalizing on its success and on the Aerospace industry's interest in start-up innovation, a second Starburst Accelerator hub was inaugurated in 2015 in Los Angeles.

Starburst Accelerator is hosting its first start-up pitch event on March 8, 2016 in the Bavarian Ministry of Economic Affairs and Media, Energy and Technology to celebrate its launch. This event will include a selection committee where 10 European start-ups will pitch their projects in front of an audience of 100+ people from the aerospace industry, VC firms and Research & Academia. The objective is to gather the European Aerospace - Innovation eco-system and to give companies and start-ups the chance to get to know each other and exchange about possibilities to create and implement innovations that disrupt the market.

"We are pleased to introduce Starburst as a new member in the Bavarian aerospace sector. Bavaria as one of the leading aerospace locations worldwide and a hotspot for aerospace entrepreneurship in Europe and the ideal environment for Starburst," says Dr. Wolfgang Hübschle, Executive Director Invest in Bavaria.

Starburst will be based at The Innovation Campus at Ludwig Bölkow Campus. Ludwig Bölkow Campus is a well-established institution in the Munich area that nourishes future aerospace and security companies.

"We are convinced that both parties will benefit from a close cooperation between Starburst and the Ludwig Bölkow Campus," states Alexander Mager, Managing Director of Ludwig Bölkow Campus GmbH.

For more information on the Starburst Accelerator program please visit www.starburstaccelerator.com

Media Contact: Renee Rossi, renee@relativity.ventures, +1-212-217-0008.

Related Links

http://starburstaccelerator.com

SOURCE Starburst Accelerator