The Indian Wire » Startups » US-based Lockheed Martin inks MoU with three startups in India

US-based Lockheed Martin inks MoU with three startups in India

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Lockheed Martin, a US-based aerospace and defence company, has inked a Memorandums of Understanding (MoUs) with three startups from India. The Indian startups constitutes Terero Mobility, Sastra Robotics, and NoPo Nanotechnologies.

The startups will integrate with Lockheed Martin’s supply chain, and contribute to the evolution of both the Indian and global aerospace and defence industry.

“The agreements attest to the commitment of Lockheed Martin to cultivate and integrate indigenous content into global systems and platforms. Through these agreements, we look to provide engineering support, mentoring, and assistance in the qualification of some of the technologies proposed, all of which contribute to our mission of making in India,” Vivek Lall, vice president, strategy and business development at Lockheed Martin, said.

While, Terero Mobility is a spin-off from a Lockheed Martin-sponsored R&D project. The company expects to provide Terero Mobility with a scope of work for design development, test and qualification of the Cargo Ground Buildup System (CGBS) for fixed and rotary wing aircraft, apart from system engineering support and mentoring.

NoPo Nanotechnologies is a Bengaluru-based startup working with a vision to enable humanity to be a spacefaring species. It provides custom engineering solutions to improve safety, reliability and performance of materials using carbon nanotubes.

Whereas, Sastra Robotics is a five-year-old robotics startup based out of Kochi, which focusses on manufacturing intelligent robotic platforms for industrial product testing automation.

“We are delighted to have identified, through the IIGP, three inspiring startups that we perceive potential to collaborate with on a global scale. We envision our intended partnership with them to enhance the platforms and programs we’re developing, especially the solutions we wish to offer India,” Phil Shaw, CEO of Lockheed Martin, said.

On the other hand, Lockheed Martin expects to provide Sastra Robotics with a scope of work for qualification of robots produced by the company for avionics testing.

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