The Nasdaq-listed Altair will extend support for AISC’s start-up and academic programs in terms of free access to technology, solutions and mentorship for AESI-AISC candidates through software, courseware and certification.
AESI, through AISC, is collaborating with the Altair India Start-up Challenge 2022, where the focus of this year’s challenge is Unmanned Aerial Systems (UAS) in the aerospace and defense industry.
While AISC will mentor and judge the start-ups, both AISC and Altair will reach out to the incubators.
Created by Altair in association with Start-up India Altair-Start-up ChallengeWhich gives organizations access to high-level technology, consulting and expert support, among others.
“AESI has experience of working in the local market, has a keen understanding of market conditions, and has ties to work with DRDO scientists and Defense PSUs. Hence, we aim to help startups that are engaged in the field of defense technology. to deliver viable products in the market in the U.S., Altair India Managing Director Vishwanath Rao told ET.
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The idea of the challenge is to identify, support, mentor and reward budding startups with their simulation, optimization and machine learning techniques.
Companies are shortlisted from a pool of applications received and judged based on how they implemented Altair technologies and how well they scaled up their product design and their potential business impact.
Explaining why UAVs were chosen for this year’s challenge, he said drones were finding many applications in surveillance, transportation, farming and defence.
Rao said, “Many drone companies are thriving, but they still use traditional methods of product development. We want to incorporate physics-based simulation into their processes, and help them build products in less time.” want.”