PTC Inc. launched its Aerospace & Defense Startup Program to empower early and growth-stage startups by providing free access to leading product development tools. The program aims to help startups meet speed, complexity, and compliance demands of modern aerospace and defense product development. Startups gain exposure to PTC's global ecosystem, opportunities for mentorship, and growth support. This initiative positions PTC as a key player in facilitating technological advancements and enhancing its reputation as a leader in digital transformation solutions.
PTC Inc. (NASDAQ: PTC) has announced the launch of its Aerospace & Defense (A&D) Startup Program, a comprehensive initiative designed to empower early and growth-stage startups in the aerospace and defense industry. The program offers free access to leading product development tools, aiming to help startups meet the speed, complexity, and compliance demands of modern aerospace and defense product development.
The A&D Startup Program provides eligible startups with free access to PTC's software suite, including Creo+, Onshape, Codebeamer+, and a startup package for Arena. Creo+ is a SaaS CAD solution known for its advanced modeling capabilities and support for complex assemblies. Onshape is a cloud-native CAD platform with built-in PDM and real-time collaboration, ideal for agile teams. Codebeamer+ supports agile development with full requirements and test management, while Arena is a cloud-native PLM and QMS platform designed to enable compliance and accelerate product development at scale.
In addition to the free software, startups gain access to PTC's global ecosystem of venture capitalists, incubators, technology partners, and fellow innovators. This includes opportunities for mentorship, exposure, and industry engagement, designed to support growth toward key funding and revenue milestones.
David Katzman, General Manager of Arena and Onshape at PTC, commented on the program's significance: "Aerospace and defense startups are tackling some of the world's toughest engineering challenges, and they need tools that help them get ahead. Through this program, we're equipping them with PTC's industry-leading solutions and support from day one so they can move fast, meet compliance demands, and stay focused on building what's next."
The program aligns with the industry's accelerating modernization across all five domains—sea, air, land, space, and cyber. As new technologies emerge and global threats evolve, the industry is under pressure to move faster, integrate complex systems more effectively, and deliver mission-critical solutions with greater agility.
Startups can participate in the program for multiple years, providing a robust foundation for growth. The program's focus on compliance and agility makes it particularly beneficial for startups working on regulated projects.
To learn more about the program, eligibility criteria, and to apply, interested startups can visit PTC Solutions for Aerospace and Defense Startups.
References:
[1] https://www.prnewswire.com/news-releases/ptc-announces-startup-program-to-accelerate-the-future-of-aerospace--defense-innovation-302506125.html
[2] https://www.marketscreener.com/quote/stock/PTC-INC-12445262/news/PTC-Announces-Startup-Program-to-Accelerate-the-Future-of-Aerospace-Defense-Innovation-50524448/
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