Altitude Angel, the world’s foremost UTM (unmanned traffic management) technology provider, was awarded the honour of being named ‘best pitch’ at the NVIDIA GPU Ventures AI Startup Panel which took place last week at the Silicon Valley Bank Auditorium in central London.
The event hosted by NVIDIA with the support of Silicon Valley Bank brought together experts to discuss the challenges and opportunities of ‘Scaling AI Startups’. Altitude Angel was one of 12 of the most distinguished AI and tech startups invited to showcase its work through a series of short pitches.
In front of an expert panel which included Alain Tiquet, Group Director of NVIDIA GPU Ventures, Alex McCracken, Managing Director at Silicon Valley Bank and Alison Lowndes, NVIDIA Developer Relations at NVIDIA, Altitude Angel chairman Pieter Knook delivered the winning three-minute pitch.
After presenting to the panel a snapshot what air traffic management (ATM) looks like now, as well as its busy future, Pieter outlined the billion-dollar revenues potentially available to the company, which can provide ATM services for the billions of predicted future automated flights undertaken by delivery drones and other urban air mobility vehicles.
On being crowned ‘best pitch’, Richard Parker, Altitude Angel, Founder and Chief Executive Officer, said: “I’d like to thank the Nvidia panel for allowing us the opportunity to present, and for awarding us the accolade of ‘best pitch’.”
Alain Tiquet, Group Director of NVIDIA GPU Ventures, added: “The judges were very impressed with the way Altitude Angel clearly outlined the existing capacity problems with the world’s air traffic control industry, but also how it demonstrated a solution which can be easily implemented and monetised.”
In addition to being named ‘best pitch’, Altitude Angel was also rewarded with access to an NVIDIA DGX-1, an AI supercomputer worth £100,000, provided by NVIDIA’s Preferred Partner SCAN.