A press release from T-Hub said both the organisations have signed an MoU for a two-year term and the collaboration aims to support startups in the aerospace and defence composite market, which is predicted to grow at a compound annual growth rate (CAGR) of 13.1 percent from 2021 to 2027, according to Statista.
The partnership between T-Hub and HAL will offer industry expertise, resources, and access to markets, providing startups with the necessary tools to develop and scale their technologies, it said.
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HAL will assist startups in building Proof of Concepts (PoC), giving them the opportunity to gain valuable industry expertise and support to bring their ideas to fruition while, T-Hub will provide access to a diverse network of startups with expertise in niche technological areas, as well as mentorship, training, and support services to help startups succeed.
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