Airbus 2015 Annual Report Download - page 7

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A3 AND AIRBUS VENTURES
Silicon Valley outposts defining
the future of flight
A3 AND AIRBUS VENTURES
How we are challenging the status quo
To help maintain its market-leading
position and accelerate the pace of
innovation, Airbus Group established
a dedicated innovation centre and a
corporate venture fund in California’s
Silicon Valley during 2015. These
business units will enhance the
Group’s ability to identify and
capitalise on innovative and
transformational technologies and
business models while increasing
its global presence.
Known as A3, the innovation centre is
optimised for speed of execution and
risk tolerance while maintaining a
strong link to Airbus Group’s core
businesses. It is pursuing
opportunities for technological,
manufacturing and process disruption
with a goal of disrupting both
the Group and the industry.
In early 2016, A3 undertook a pilot
project for an on-demand
transportation service using
AirbusGroup helicopters.
Airbus Ventures was set-up with an
initial commitment of US $ 150 million
and a mission to invest in promising,
disruptive and innovative business
opportunities around the globe.
It announced its first investment in
early 2016 with a U.S.-based company
combining open-innovation
development and micro-manufacturing.
A3 and Airbus Ventures complement
the existing activities of Airbus Group
Innovations and Airbus’ BizLab network
of aerospace business accelerators. The stories
continue non-stop on
annualreport.airbusgroup.com
AIRBUS GROUP ANNUAL REPORT 2015 l 05 l