Seedstars, a Swiss company, on Tuesday announced the launch of the Lufthansa Technik Philippines Startup Challenge 2024, a global open call for entrepreneurs and startups to develop cutting-edge AI solutions for the aviation MRO industry.
The aviation industry is witnessing a transformative shift with the integration of artificial intelligence technologies, as AI has the potential to revolutionize aviation MRO processes, enhancing safety, efficiency, and overall performance. “The LTP Startup Challenge 2024 builds upon the success of our previous program, which saw impressive innovations from startups worldwide,” said Stefan Yordanov, vice president for finance and strategy and corporate projects at Lufthansa Technik Philippines.
The four-day virtual program offers a unique opportunity for high-potential startups to collaborate with LTP’s subject-matter experts, gaining invaluable insights into the aviation MRO landscape. Participants will receive venture-building support to strengthen their business foundations and tailor their solutions for implementation in the aviation MRO industry.