Seattle Starburst Pitch Event
Starburst Accelerator had its first event in Seattle on November 30, 2016. Aerostrat was thrilled to be included apart of this event. The event gave 12 startups the opportunity to showcase their venture in a “Shark Tank” format.
The event was covered in a Geekwire article on November 30th (http://www.geekwire.com/2016/aerospace-startups-starburst-shark-tank/) Aerostrat was fortunate to be one of the featured companies in the article.
“Aerostrat, based in Seattle, WA, is an information and technology aerospace company founded December 2015. Its current offering includes maintenance planning software called Aerros, which is designed to keep track of aircraft maintenance schedules from start to finish.” CEO, Elliot Margul stated, “We’ve been working now with eight airlines to really test and develop our product.” He hopes to close on a couple of contracts in January 2017. Margul said, “The future for Aerostrat is really bright. We have a lot of other products in our pipeline that we’d really like to build.”
Starburst Accelerators give select aerospace ventures the opportunity to present their ideas to potential venture capitalists, as well as, to aerospace executives in hopes of securing contracts. Starburst’s philosophy is focused on innovation as it is central to the growth and success of any company. Specifically, startups are essential in feeding their creative ideas into the chain of innovation. Starburst’s support for these startups evolving in the ever-challenging aeronautics business, will increase dramatically their chances of success. The startups also received another big benefit during the day, as scheduled breaks gave them the opportunity to chat with potential investors and/or customers. Aerostrat benefited from those talks and has already been contacted by a potential customer as well as several venture capitalists.
Geekwire is a national technology news site that covers some of the most widely followed innovative tech companies in the world and one of the most vibrant startup markets in the country.
Aerostrat, based in Seattle, WA, is an information and technology aerospace company founded December 2015. Its current offering includes maintenance planning software called AERROS. AERROS, creates and manages optimal long range planning schedules and programs. It can handle any number of requirements while also optimizing vendor and maintenance allocation, requirement/track compatibilities, task yields, costs, and more. AERROS also enables airlines to manage their entire heavy maintenance program in one to