Safran Corporate Ventures’ portfolio comprises various startups
Diota is the leading French publisher of augmented reality software solutions for industry, enabling manufacturers to boost their performance by providing an interactive link between digital data and operators in the field. Founded in 2009, Diota has built on its innovative technologies and business-oriented solutions, developed through a strong partnership with the CEA (French Alternative Energies and Atomic Energy Commission), to anchor its pivotal role in the trend towards digital factories and increased industrial competitiveness. It operates in France and throughout Europe, with customers from a number of different sectors, including aerospace (Dassault Aviation, Safran, etc.), rail, naval, automotive (PSA Group, Volkswagen, etc.), energy and chemicals (Air Liquide, Total, etc.).
Krono-Safe develops software for real-time operating systems (RTOS) in an integrated development environment (IDE), to ensure equipment operating safety. It was founded in April 2011 to commercialize a software technology originally developed by the French Alternative Energies and Atomic Energy Commission (CEA), used in the nuclear sector to guarantee the predictability of critical real-time control applications. In particular, the company signed a technology transfer agreement with CEA-LIST (technology and systems integration lab) concerning this technology.
By adapting this solution to onboard applications, Krono-Safe is addressing safety-critical onboard system requirements in strong growth markets: transport (connected and autonomous vehicles), industry (Internet of Things) and aerospace (including defense and cyber-security).
Prodways Group, specialized in 3D printing for industry, is a subsidiary of the Gorgé Group, and is listed on Euronext Paris, compartment B.
The company has two main business lines, Systems and Products. The former had sold 76 machines at the end of 2016, making it one of Europe's leading manufacturers of 3D printers. Prodways Group offers a range of 3D printing systems, along with the associated materials (resins and powders). Its machines use different materials, and are designed for customers in many different sectors, including aerospace and dentistry. The company's Products business line makes 3D-printed parts of plastic or metal, and sells them directly or indirectly, via specialized entities in niche markets.
As a center of expertise in machine design, parts and materials, Prodways Group covers the entire value chain. The company has developed an integrated model offering turnkey solutions to its customers, the only company of its kind in Europe, and with excellent prospects in international markets.
SafetyLine is a leading specialist in data analytics applications for flight operations. Founded in 2010 by Pierre Jouniaux, former pilot and lead investigator with the French civil aviation enquiry and safety agency BEA (Bureau d'Enquêtes et d'Analyses), Safety Line now has 18 employees. It offers a range of innovative services, including OptiClimb (personalized optimization of fuel consumption for each flight) and Airside Watch (improved airport operations based on radar data).
Building on its knowledge of the aviation environment and expertise in big data processing, developed largely through a partnership with the French IT and automation research institute INRIA (Institut national de recherche en informatique et en automatique), the company now counts nearly 40 airline and airport customers in France and abroad.
Kalray, is the European leader in new-generation processors for critical onboard systems. Founded in 2008 as a spin-off of the CEA-List, Kalray has more than twenty patents issued. This company, based in Orsay and Grenoble (both in France) has more than 60 employees and operates internationally.
Kalray has developed a new generation of silicon processors called MPPA (Massively Parallel Processor Array) with an industry-leading ratio of computing power/energy consumption for components this size. This is essential, especially for more electric aircraft.
In addition to new applications in aerospace, health monitoring and cybersecurity, Kalray has very promising opportunities in the automotive industry – notably for self-driving cars – and in data centers.
Website : http://www.kalray.eu/
Cailabs is a French disruptive startup dedicated to light shaping technologies. Founded in 2013, Cailabs is a spinoff from the Kastler Brossel Laboratory (a joint research unit between the Ecole Normale Supérieure, Pierre et Marie Curie University and French national scientific research agency CNRS), specialized in quantum physics and optics.
Cailabs has developed a patented disruptive technology, called Multi Plane Light Conversion, based on the manipulation of light. The company designs and sells photonic products, including components, modules and subassemblies for the telecommunications and industrial laser markets.
Cailabs has already developed two main applications: spatial multiplexing for telecommunication networks (very-high-speed long-range networks, and short-range multimode fiber networks), and for high-power industrial lasers, used for welding, cutting, surface treatment and additive manufacturing.
Website : http://www.cailabs.com/
Turbotech is a startup specialized in new-generation turbine engines and hybrid propulsion.
Turbotech offers a range of turbine engines for light aircraft (turboprops and turbo-electric generators), based on innovative regenerative cycle turbines. Featuring its patented heat exchanger technology, Turbotech's products combine reliability, exceptional performance, low fuel consumption, low acoustic signature and minimal operating costs.
Turbotech has facilities in Brittany and the greater Paris area. It was founded by four partners, all former employees of Safran, and is directed by Damien Fauvet.
This round of funding from Safran Corporate Ventures will enable Turbotech to finalize the development of its products and introduce them on the market starting in 2019. Turbotech will be the first company to sell a high-performance hybrid propulsion system in the general aviation, heavy drone and on-demand air mobility markets. The electric version will give hybrid propulsion aircraft several hours of endurance.
OXIS Energy, a leader in lithium-sulfur cell technology for high energy density battery systems, has already been granted 173 patents with 96 pending.
Benefiting from more than 15 years of R&D in the field of lithium-sulfur chemistry, interest in its work from different industry sectors is growing significantly.
The participation of Safran Corporate Ventures to the capital raised will be used to commercialize and automate the process of mass production of rechargeable Lithium Sulfur cells/modules, using state of the art digital manufacturing machinery for worldwide distribution to manufacturers of vehicles. OXIS intends to focus on the aviation, defense and the heavy electric vehicles markets, such as buses and trucks.
Simultaneously, OXIS announces the signature of two Joint Development Agreements with its partners. Firstly, Safran and OXIS will cooperate on high energy density battery cells for the aviation industry.
Secondly, Arkema and OXIS have defined a common roadmap to further improve battery lifetime and energy density.
Tronics - Exiting the portfolio in 2016
Tronics is a firm that designs and makes innovative nano- and micro-systems, especially MEMS (micro-electromechanical systems), which are used in a wide variety of applications: aerospace and defense, drones, manufacturing, offshore platforms, medical systems, etc. These devices should provide a distinctive difference in tomorrow's aerospace applications, especially for inertial navigation and platform stabilization.