Lauretta.io ready for lift-off in US based Techstars Air Force Accelerator Program
Air Force Vice Chief of Staff Gen. Stephen Wilson, left, and Air Force acquisition boss William Roper discuss the April 20, 2018, TechStars Autonomous Technology Accelerator for the Air Force Demo Day at the Westin Hotel in Boston with John Beatty, right, executive director of the Massachusetts Military Task Force. Air Force photo by Linda LaBonte Britt.
The Boston-based Techstars Air Force Accelerator will hone in on the offerings of the ten start-ups which could potentially contribute to the business processes of the US military.
Lauretta.io Co-Founder & CEO, Galvin Widjaja, said, “We are pleased to be part of this exciting program and look forward to the learning opportunities and potential partnerships that could bring about game-changing technological innovations to the Air Force industry.”
Techstars said in a statement that it has been working since 2018 towards connecting the Air Force “to early stage commercially-oriented startups with innovative technologies,” to help it adapt its business processes to those of the commercial world.
Currently in its third year, the program has seen its 20 Alumni go on to collectively win more than $20 million in Department of Defense contracts.
Lauretta.io was selected out of hundreds of other applicants worldwide. They will form part of a three-month program that will incorporate research and development, mentorship and collaboration in Boston. Lauretta’s selection in the program will allow it to implement its computer vision technology to potentially address the needs of the Department of Defense with its security system initiatives.
Techstars has partnered with both the Air Force and BAE Systems FAST Labs and is sponsored by the Air Education and Training Command (AETC), the National Security Innovation Network (NSIN, formerly MD5), AFWERX, the Air Force Research Lab (AFRL) and AFIMSC Tyndall Program Management Office (PMO) for its 2020 program. Techstars has innovation hubs in Boston and Los Angeles.