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Press Release

Ainstein placed #1 in Market category at prestigious NASA Jet Propulsion Lab pitch event

Jun. 18, 2019 / PRZen / PASADENA, Calif. -- NASA's famed Jet Propulsion Lab (JPL) and the new Los Angeles-based Techstars Starburst Accelerator, which is a private startup accelerator program focused on space tech, invited 10 young, high-potential tech companies to pitch and compete at the California Institute of Technology's campus on May 23, 2019. Companies had a chance to network with other companies in the sector, and to present their products and business plans to JPL technologists, and potential investors and partner organizations.

Ainstein Inc. was among the 10 tech companies invited to pitch, and was represented by Andrew Boushie, Ainstein's Vice President for Strategy and Partnerships.

Presenting companies were evaluated by a panel of advisors from the Techstars Starburst Accelerator on dimensions including market opportunity, innovation, strength of the management and technical team, and financing feasibility. Of the 10 teams, Ainstein was selected as number one in the "Market" category, which evaluated the prospective market opportunity being addressed by each tech company. Ainstein also ranked number four in Overall feedback scores. Considering many other competing companies are more intensely funded and heavily connected in the aerospace and space industry, the top ranking at JPL Starburst represents a nod on the part of the industry to Ainstein's capabilities and market opportunities.

When asked about Ainstein's strong showing at the pitch event, Boushie said, "The entire Ainstein team is proud of this recognition from JPL and Starburst. We see this as yet more validation of the fact that we're doing great work, and that innovative technologies aren't just coming from the coasts, but increasingly from the middle of the country too."

Parties interested in collaborating with Ainstein on technology development projects for space, aerospace, and other autonomous applications can learn more by visiting ainstein.ai, or by contacting hi@ainstein.ai.

Follow the full story here: https://przen.com/pr/33302020

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