The France-based company will invest the capital in aerospace, defence and security technology startups over a three-year period.
France-based aerospace company Safran launched a corporate venturing entity called Safran Corporate Ventures, today with €50m ($55.6m) of capital.
The cash will be invested in innovative startups over a three-year period, initially focusing on companies based in Europe and North America before expanding its reach to the rest of the world.
Safran will target startups developing technology for the aerospace, defence and security sectors involving advanced materials, robotics, network sensors and data analysis, energy technology for aircraft and other vehicles,…
