If You Have the Right Technology, We'll Make It Fly
HANGAR creates partnerships.
We utilize our experience, knowledge and resources to help startup companies adapt their technology to the world of commercial aviation.
From strategizing the plan for creating of your technology to introducing you to the right people in the commercial aerospace industry, we will guide, back and assist you in the best way possible, to ensure our mutual success.
We invite Industry 4.0 startup companies preferably companies that completed their A series round and have reached a TRL level of at least 4 to join our innovation hub.
Here we tailor a customized acceleration program for each company, based on its technology’s applications to the world of commercial aviation.
Unlike common accelerators, we work together with our startups, in order to benefit them, ourselves and future customers.
Giving the Fourth Industrial Revolution Wings
HANGAR pursues Industry 4.0 technologies that can transform commercial aerospace into a data-driven and semi-automated industry.
We are interested in big data and analytics, IIoT, additive manufacturing and other technologies that can optimize Connected Cargo and Connection (C3) and smart Maintenance, Repair and Overhaul (MRO) solutions.
Our goal is to enable aviation companies smart MRO processes as well as a short TAT (turn Around Time) on the one hand. On the other, we allow airlines, freight forwarders and lesors to convert outdated aircraft fleets into fully regulated “Smart Cargo Birds”, adding value to their supply chains.
We scout startups as well as accept applications to join our hub. Our program utilizes Aviation Group’s resources in Israel, providing local startups the advantages of accessing top of the line facilities close to home.
HANAGR’s Win-Win-Win Business Model
You may wonder what HANGER benefits from developing your business.
First and foremost – we do not demand equity in return for our partnership, nor do we interfere with your intellectual property.
Our primary interest is in cooperation and technological synergies that will allow your company, IAI and its customers to benefit from our partnership.
Our program will define milestones and deliverables that will help us make sure we are indeed progressing at that direction.
As for returning our financial investment, our agreement will include a royalty payment section, which will be discussed as part of our negotiations.