Russian Helicopters wants to get in on the urban air mobility game by inviting entrepreneurs to submit projects to a competition later this summer.
The state-owned aircraft manufacturer is hosting “Sky.Tech,” a competition inviting Russian teams to submit projects, ranging from concepts to proven technology, for a chance to win a paltry prize of up to $4,000. The real prize, though, would be a chance to work with Russian Helicopters, secure investment and develop a product for the Russian market.
Sky.Tech seeks projects ranging from new types of aircraft and smart infrastructure to virtual reality and big data/AI, according to Google translation of the event’s website.
According to the page, projects will be demonstrated at the MAKS 2019 Airshow at Zhukovsky International Airport as well as presented to Russian Helicopters’ leadership. Investments will be awarded by Skolkovo Ventures, a project of the Russian government set up to galvanize entrepreneurship and invest in digital, industrial and agricultural technologies. The fund has also received investment from Chinese partners.
In addition to project submissions, Sky.Tech will host a hackathon focused on UAM-related software, where first place can win a whopping $4,000 out of a total $8,000 prize pool.
Applications are due August 11.
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