The aviation industry has historically been the most innovative when facing crises. While global air travel is still severely challenged by the COVID19 pandemic, another game-changing crisis can already be outlined today. In the next decades, the effects of climate change will dramatically influence aviation and its business models. At the same time, this development poses a great opportunity for the aviation industry to regain a revolutionary state of mind, unlocking new fields of technology, business and cooperation.
To support and accelerate this transition of aviation on a global scale, numerous partners and initiatives from Hamburg have joined ranks to form the Sustainable Aero Lab. The new lab will be a global fast track program for startups and projects that can prove their tangible impact on reducing the climate footprint of aviation.
To achieve this, the Sustainable Aero Lab will globally bring together startups, experienced mentors, investors and industry players into one room where founders receive highly focused feedback in a transparent live session four times a year. The first session will be held virtually in February 2021.
The Sustainable Aero Lab also strives to be an international agenda-setter for discussing the relevant issues and questions around the sustainable transformation of aviation, with all stakeholders involved.
Mentors at Sustainable Aero Lab comprise of world-leading experts from aviation, green tech, and finance. The Sustainable Aero Lab invites individuals with relevant background and experience to help the startups, and will ask for limited time commitment only. Exchange between the mentors is a key benefit even for partners from big corporations.
While the selection process is still ongoing, the Sustainable Aero Lab team is honored to, among others, have already secured the commitment of industry executive Nico Buchholz (former Lufthansa EVP Fleet Management & SVP at Bombardier), renowned aviation analyst at Leeham Company Bjorn Fehrm, Ampaire SVP of Global Operations Susan Ying (also formerly Boeing, COMAC), and ex-Facebook director and venture capitalist Christian Hernandez Gallardo as mentors.
The Sustainable Aero Lab is a project driven by Hamburg-based Density Ventures and its CEO Stephan Uhrenbacher, a renowned serial entrepreneur and investor (most prominently: founder of Qype, Avocadostore, 9flats), who also serves as CEO of the Lab. As associated partners, the Hamburg Aviation cluster network, and ZAL Center of Applied Aero Research will also contribute significantly to the new initiative. The Sustainable Aero Lab is supported by the Hamburg Ministry of Economics and Innovation (BWI), and funded through the Hamburg Investment and Development Bank (IFB).
“The sustainable change that the aviation industry is facing will come with many new opportunities,” Michael Westhagemann, Hamburg’s Senator for Economics and Innovation. “To unlock these, we need open discussions and higher speed. The Sustainable Aero Lab will put its focus on exactly these points. As one of the world’s leading aviation sites, Hamburg strives to be a leading place for the development of sustainable aviation technologies as well.”
The Sustainable Aero Lab is actively scouting for founders and innovators who desire to be part in the first cohort of the Lab. Selected startups will receive A level mentoring on their most pressing objectives. The Lab will not ask for any shares, repositioning or generic pitches. Detailed information on the selection criteria and the application process can be found on www.sustainable.aero.
Individuals, institutions and companies who would like to contribute to the Sustainable Aero Lab in other forms are being encouraged to get in touch as well. As a platform for open innovation, the Sustainable Aero Lab says they are looking to welcome anyone who can add value towards reducing the climate footprint of aviation.