DEMOvation contestants at Cargo Facts EMEA 2019 in Frankfurt.
Next week, Cargo Facts and HANGAR Labs will begin announcing companies selected to participate in the Cargo Facts EMEA 2020 DEMOvation competition.
This year’s competition will take place on Feb. 3-5 at the Westin Grand Frankfurt and will feature demonstrations from top innovators among aviation and logistics technology startups. Additionally, the startups will be showcased in Cargo Facts EMEA’s new Innovation Alley, a dedicated space where attendees can view demos and network with startups.
DEMOvation judges will select one winner from the group of participants to receive a prize package worth up to $50,000 with an opportunity to join and benefit from HANGAR’s accelerator. Applications are put through a rigorous review process and are hand-selected by Cargo Facts and HANGAR based on originality, and their perceived ability to make meaningful contributions to the air cargo industry.
Although digital transformation is widely related to commercial and software aspects of air cargo, and clean-sheet freighters aren’t really the forte of startups, this year’s contestants will demonstrate that equipment innovation need not wait for the next generation of production freighters.
“The digital transformation wave currently engulfing commercial aviation bears great potential for airframe hardware and sensory gear manufacturers as the information-gathering infrastructure upon which the digital transformation is carried” said Assaf Tamir, Chairman, HANGAR labs.
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To register and for more information about Cargo Facts EMEA, visit www.cargofactsemea.com.
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