Smart Rotor Systems Inc. has been awarded an Honorable Mention in the first Sikorsky Innovations Entrepreneurial Challenge Competition

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Jul 11, 2012 admin (0)

Sikorsky Innovations Announces Winner of First Entrepreneurial Challenge Competition

STRATFORD, Connecticut – Sikorsky Innovations, the technology development organization of Sikorsky Aircraft Corp., has selected Pankl Aerospace Innovations, LLC, as the winner of its firstEntrepreneurial Challenge Competition. Sikorsky Aircraft is a subsidiary of United Technologies Corp. (NYSE:UTX).
Pankl Aerospace Innovations, a newly formed spin-off entity of Pankl Aerospace based in Cerritos, California, was selected for its presentation of a portfolio of potentially transformational technologies packaged into an aircraft technology demonstrator named H.E.R.O. The H.E.R.O. technology demonstrator features active camouflage, bionically inspired rotor blades, and advanced aerodynamics.

This award entitles Pankl Aerospace Innovations to take up residency, rent-free, in the Sikorsky Innovations’ “incubator” space at the Stamford Innovation Center in Stamford, Conn., for one year. During that time, Sikorsky mentors will provide coaching, along with an intensive, three-month long education program to assist in maturing and growing their business. Upon completion of a maturation cycle in the incubator, Pankl Aerospace Innovations also will benefit from an investment evaluation by Sikorsky.


“The caliber of applicants for the first Sikorsky Innovations Entrepreneurial Challenge exceeded our expectations,” said Laurence Vigeant-Langlois, Director of Business Development and Technology Partnerships for Innovations. “We felt there is a value in maturing more than one of the innovative business concepts, so we decided to grant awards to two additional finalists. Sikorsky Innovations looks forward to supporting the maturation of three distinct and deserving teams’ initiatives.”


“Good ideas must be cultivated and allowed to grow,” Vigeant-Langlois added. “We are thrilled to work with these innovators who are beginning their entrepreneurial journeys.”


Finalists from across the U.S. and Canada in May delivered brief presentations on their companies, pitching their new technologies and explaining their business plans. Finalists were queried by a panel of Sikorsky technology and industry experts, and were assessed by a standardized metric rubric.


In addition to winner Pankl Aerospace Innovations, Smart Rotor Systems, Inc. of Ottawa, ON, was awarded participation in the three-month education program, and Drew Lambert, an individual inventor, was awarded additional interaction with Sikorsky mentors. Smart Rotor Systems is currently maturing new pitch-link control technology which could make a step change in rotorcraft noise and vibrations, while Lambert is pursuing a mobile network weather information concept that has the potential to address localized weather information needs of the aviation community, among many other markets.


Read the full article Sikorsky Press Releases


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