AVIAZE SIGNED

Project "AVIAZE" data sheet

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 Partnership

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 Project objective

Only in Europe, 150 people lose their lives every year on light aircraft accidents. Flying is not a dangerous activity itself but the technology and regulations binominal is not optimal for this type of aviation. A lot can be done to improve safety margins.

Over the years, aviation technology introduced in commercial aviation has led to a dramatic reduction of accidents. Tremendous investments in innovation brought traffic avoidance systems, flight data recorders, aircraft tracking... cutting edge tech that unfortunately cannot be transferred to light aviation straight away, just because of one single reason: high costs.

Aeroclubs and flying schools are usually low margin businesses, not to mention leisure flying... Commercial aviation equipment costs are too high and regulators, aware of that, cannot impose them as mandatory. However, they are calling for tailored solutions to save lives while maintaining light aviation financially viable.

Imagine a cost effective solution for light aircraft operators and regulators to enhance safety and reduce operational costs just by monitoring and analyzing metrics on every flight. Imagine a software, running in the smartphone of the pilot that could make many of the commercial aviation safety features, available to light airplane pilots. Imagine a social approach to it, a network where pilots can share flights, challenge themselves to fly safer and grow as a community. Imagine this is called AVIAZE.

Inspired in the successful app Strava for runners, AVIAZE is the social network for pilots that makes flying safer and cheaper. With an addressable market of 5,5 Million pilots. We have registered 2500 flight hours and 1500 pilots so far, it is fully compliant with EU regulations. We’ve started to internationalize and it is supported by EASA and IAA (authorities).The forecasted ROI is 4,0 after Y5 and we estimate a 2 year pay-back period for the total 1.5M€ investment with the creation of a minimum of 7 additional jobs