Aerospace

The aerospace start-up’s client is frequently one of the prime aerospace/defense companies, NASA or the Department of Defense. Unlike many other sectors, there is often a paternal relationship on the part of the client towards the aerospace start-up that often manifests in favorable financial terms and on- going coaching during product development. Many aerospace start-ups are begun by engineers who have a talent for business development leading to product development sponsored by a large aerospace company. Rarely is a successful aerospace start-up initiated by a non-engineer business professional, but that too appears to be changing as aerospace technologies are being applied in dual-use “terrestrial” products markets.