IAI North America Selects Three Startups for the Second Cohort of Their IAI CATALYST Accelerator Program

IAI North America Selects Three Startups for the Second Cohort of Their IAI CATALYST Accelerator Program

Carolyn Joseph, Marketing and Communications Manager, IAI North America, cjoseph@iaiusa.com, iainorthamerica.com

IAI North America, a U.S. subsidiary of Israel Aerospace Industries, has selected the next three startup companies for the second cohort of its IAI CATALYST program, powered by Starburst: Dalus, Lola Vision Systems, and Nefeli Air. Operating out of IAI North America’s Innovation Center in Herndon, VA, IAI CATALYST initiated by IAI CTO’s office, is an accelerator program designed to help startups further develop their technology and gain success in the U.S. market.

About the IAI CATALYST Cohort 2 Startups:

Dalus: Dalus is building next-generation model-based systems engineering (MBSE) software to empower mission-critical industries like aerospace and defense to integrate complex hardware systems seamlessly. (dalus.io)

Lola Vision Systems: Lola Vision Systems is a fabless semiconductor company focused on AI silicon for autonomous machines, whose mission-critical computer vision and generative AI solutions target the automotive, aerospace, and defense sectors. (lolavisionsystems.com)

Nefeli Air: Nefeli Air is driving the development of fully autonomous aircraft by leveraging AI technology to create software that enables the identification of aerial obstacles, serving both commercial and defense clients. (nefeliair.com)

“Cohort 1 of the IAI CATALYST accelerator set a high standard of success for future cohorts. IAI’s goal for a U.S. innovation center is to foster cutting-edge technological growth in the aerospace and defense industries by investing in startups trying to break into the market. The startups chosen for Cohort 2 will bring game-changing technology to the U.S. market. We look forward to seeing how these three startups grow with our mentorship.” – Eytan Eshel, Bg (Res.) Executive VP, CTO Israel Aerospace Industries

“IAI North America’s innovation center is important because it fosters innovative development in the aerospace industry from companies who might not have the support to break into the market otherwise. We hope to expand upon the success of Cohort 1 and position these startups to surpass their goals and be successful in this competitive market.” - Stephen A. Elliott, President and CEO of IAI North America

Learn more about IAI CATALYST and apply for future cohorts of the program at: https://catalyst.iainorthamerica.com

Israel Aerospace Industries (IAI):

Israel Aerospace Industries (IAI) is a world-class aerospace and defense company innovating and delivering state-of-the-art technologies in space, air, land, naval, cyber & homeland security for defense and commercial markets. Combining the “Start-up Nation” spirit of innovation with decades of combat-proven experience, IAI provides customers with tailor-made, cutting-edge solutions to the unique challenges they face including satellites, UAVs, missiles, intelligence solutions, weapon systems, air defense systems, robotic systems, radars, business jets, aerostructures, and more. Established in 1953, IAI is one of Israel’s largest technology employers with offices and R&D centers in Israel and abroad.

IAI North America:

IAI North America is the U.S. subsidiary of Israel Aerospace Industries Ltd. (IAI), Israel’s largest aerospace and defense company. IAI is a global leader in space and defense for government, military and commercial applications with battle-tested systems and technology. For over 70 years, IAI has developed and manufactured state-of-the-art systems for air, space, sea, land, cyber, and homeland security. IAI North America leverages IAI’s innovative solutions to create cutting-edge Americanized solutions for our customers and industry partners.

Starburst:

Founded in 2012, Starburst is an innovation catalyst in the global Aerospace and Defense (A&D) industry. Combining three complementary activities – startup accelerators, strategy consulting, and venture investments – they help A&D stakeholders innovate, navigate and invest in the dynamic ecosystem. With offices in Los Angeles, Paris, Munich, Singapore, Seoul, Tel Aviv, Madrid, and Washington DC, the team has built a robust community with 60+ partners and a portfolio of 150 startups. Starburst’s leading Flagship Accelerator program helps startups scale their business in aviation, space, and defense, as well as enabling technologies, with access to one of the largest groups of corporate representatives, government stakeholders, and private investors in the world to help startups win their first contracts.