Lufthansa Technik Philippines launches regional search for aviation industry innovators
The Lufthansa Technik Philippines Startup Challenge is an open call for aspiring innovators, coders, designers and entrepreneurs from the Asia-Pacific region to develop new technology solutions for the aviation MRO (maintenance repair and overhaul) industry. Interested candidates can register before September 8 at the following link: https://seedsta.rs/LTPChallenge.
While emerging technologies have driven developments across many industries, there remains much unexplored potential to further disrupt the aviation MRO (maintenance, repair and overhaul) space. Aircraft maintenance still relies heavily on human and manual processes, leaving great opportunities for technology to innovate the current setup. Powered by Lufthansa Technik Philippines (PLT) and seed starsThe LTP Startup Challenge is a unique opportunity for entrepreneurs and startups looking to apply their ideas and solutions to the aviation MRO industry.
“We believe that industries must constantly push to innovate. The aviation industry, in particular, has plenty of room for improvement,” says Cely Rose Apple Pangan, Head of Corporate Strategy and Projects for Lufthansa Technik Philippines. “Our company is keen to help pave the way for innovation in our space, and we’re thrilled that the LTP Challenge is paving the way for disruptors in our field.”
With a five-day program designed to support high-potential entrepreneurs and startups, LTP Challenge participants will have access to subject matter experts from Lufthansa Technik Philippines who will help demystify the world of aviation MRO, and at the same time time, receive business start-up support to further grow your business and prepare for fundraising. At the end of the program, all participants will come together for the LTP Pitching Challenge, where up to three companies will be selected and invited to LTP headquarters where they will have the opportunity to collaborate directly with the team and the company. Entrepreneurs and startups from the Asia-Pacific region with products, services or ideas that can be directly or indirectly applied to the aviation maintenance, repair and overhaul (MRO) industry are invited. to apply.
“With the world reopening and travel resuming, it is time to open more doors to innovate in the aviation industry. We are excited to launch this first startup program focused on aviation MRO,” said Natnicha Lertplakorn, Asia Program Manager at Seedstars.
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