Hangar 51

Hangar 51: The Ultimate Destination for Innovative Solutions

Hangar 51 is a unique platform that offers an opportunity to work with one of the world's largest airline groups and find solutions to real business and customer challenges. It is a startup accelerator program that provides startups with the resources, mentorship, and funding they need to grow their businesses.

The program was launched in 2016 by International Airlines Group (IAG), which owns British Airways, Iberia, Aer Lingus, Vueling, LEVEL, and other airlines. Hangar 51 aims to identify innovative solutions that can improve the airline industry's operations and enhance customer experience.

What sets Hangar 51 apart from other startup accelerators is its focus on aviation-related technologies. Startups that are selected for the program get access to IAG's vast network of experts in various fields such as engineering, marketing, finance, legal affairs, and more. They also receive funding of up to £500k ($650k) from IAG's venture capital arm.

The program runs twice a year for ten weeks each time. During this period, startups work closely with IAG mentors who provide guidance on how best to develop their products or services. They also have access to state-of-the-art facilities at IAG's headquarters in London Heathrow Airport.

Hangar 51 has already helped several startups achieve success in the aviation industry. For example:

- Esplorio: A travel app that automatically tracks users' journeys using GPS data.

- Vchain Technology: A blockchain-based platform for secure document management.

- Volantio: A software solution that helps airlines manage overbooking situations by offering passengers incentives to change their flights voluntarily.

- SkyLights: An immersive entertainment system that allows passengers to watch movies or play games in virtual reality while onboard.

These companies have not only benefited from Hangar 51's resources but also gained exposure through partnerships with IAG airlines. For instance, Esplorio's app is now available to British Airways customers, while Vchain Technology has partnered with Iberia to develop a blockchain-based platform for cargo management.

If you are a startup that is working on innovative solutions for the aviation industry, Hangar 51 could be the perfect platform for you. The program offers a unique opportunity to collaborate with one of the world's leading airline groups and gain access to resources that can help your business grow.

In conclusion, Hangar 51 is an excellent example of how large corporations can support startups and foster innovation in their industries. By providing startups with mentorship, funding, and access to resources, IAG has created a win-win situation where both parties benefit from each other's expertise. If you are looking for an accelerator program that focuses on aviation-related technologies, Hangar 51 should be at the top of your list.