AerinX Brings AR to Aircraft Maintenance
Hungarian startup AerinX aims at revolutionizing the external inspection and maintenance of aircraft via augmented reality technology.
AerinX founders from left: Imre Hanyecz, László Gonda , Zoltán Wéber, Antal Bence Kiss.
“Bence [the founder] is a born innovator, who previously had several innovational ideas in a variety of industries,” the company told the Budapest Business Journal. “So he saw the possibilities in AR in 2015, and developed a way to apply it in one of his beloved fields: the aviation industry. The development of AerinX began in 2016.”
Traditionally, aircraft inspection happens manually, involving maintenance engineers and experts checking for damage with their eyes, and using manual tools for measurements. The documentation happens on paper or in PDF.
“However, AerinX offers a digital solution to all this,” the startup noted. “Firstly, it projects the data related to the size and position of any damage, as well as the aircraft’s damage history onto the hull via AR glasses. Secondly, the documentation takes place immediately on the spot, digitally, but it is naturally accessible in a print version as well. There is also a database belonging to the system, which stores all data digitally, and is digitally accessible to everybody involved.”
AerinX was founded by four experts with a decade of experience in their areas: Kiss, László Gonda, Zoltán Wéber, and Imre Hanyecz. Currently, there are ten people working on the project.
At the end of last year, AerinX concluded an agreement with X-Ventures Alpha Zrt., which handles the X-Ventures Gamma Venture Fund. The company will invest HUF 250 million into the startup.
“With this help, we will be able to develop a final product from the prototype, and we can create the basis for a market launch,” the startup notes. The firm has also reached an agreement with Aeroplex of Central Europe Kft., a Budapest-based, Hungarian-owned aircraft maintenance company.
“Within the framework of the partnership, we will further develop and fine-tune the system in real industry circumstances, involving the firm’s colleagues, engineers, and experts in order to perfect AerinX’s functionality.”
The company was selected for the finals of the “Hello Tomorrow” global competition from 500 initial entrants. The startup will present its system in Paris in March alongside five other aviation industry innovators.
“The team of Hello Tomorrow Hungary played a major role in us getting to the finals, helping greatly in preparations and networking as well,” the startup tells the BBJ.
Additionally, the firm has also been invited to the MRO Americas conference in April, the most significant event in the United States focusing on aviation and aircraft maintenance industries.
“AerinX was selected among the most promising startups there as well; we will again present our system in front of industry experts and investors alongside five other innovative companies.”
The company says its system will reach pilot phase in six months, with AerinX conducting a live test with the help of other industry players. The startup expects testing to take nine months, which will prepare it for an international market launch. At the end of 2019, AerinX expects to involve more venture capital from domestic and international investors in a Series A funding round.
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