IAI to Sponsor Los Angeles Space-Focused Startup Accelerator

Israel Aerospace Industries Ltd. (IAI) will sponsor a space-focused startup accelerator in Los Angeles, in collaboration with California-headquartered aerospace and defense accelerator Starburst Ventures, and Colorado-based seed accelerator Techstars, the latter announced Tuesday.

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In addition to IAI, this new accelerator has formal sponsorship from NASA’s Jet Propulsion Laboratory, Lockheed Martin, and the U.S. Air Force. Applications for the accelerator are open until April.

Government-owned IAI is Israel’s largest aerospace and defense company. It develops and markets defense systems for air, space, sea, land, cyber, and homeland security.

Founded in 2012, Starburst is an aerospace and aviation incubator, supporting startups in the aeronautics, defense, and space markets. The accelerator operates offices in Los Angeles, San Francisco, Munich, Paris, Singapore, and Montreal.