Ubloquity, a blockchain-focused company based in Northern Ireland, has achieved the distinction of being the first company from the island of Ireland to join the Aerospace Xelerated (AX) program. Ubloquity specializes in leveraging blockchain technology to enhance supply chain processes and reduce inefficiencies. The AX program, a reputable accelerator supporting early-stage software startups in the aerospace sector, has welcomed Ubloquity into its esteemed portfolio of 42 companies.
Ubloquity’s Entry into Aerospace Xelerated Program
Accelerating Innovation in Aerospace:
Ubloquity, headquartered in Armagh, Northern Ireland, has gained entry into the Aerospace Xelerated program, positioning itself as the initial company from Ireland to be part of this prestigious accelerator. The blockchain startup focuses on optimizing supply chain operations through its innovative technology. The AX program, operational since 2019, has a track record of supporting over 40 businesses in 14 countries. Ubloquity is joined by another entrant, Go Autonomous, a Danish AI startup, under AX’s new Always On innovation program model.
Versatile Application of Ubloquity’s Technology:
While Ubloquity initially gained recognition for its applications in supply chains, the Aerospace Xelerated program asserts that the company’s technology extends beyond this domain. According to AX, Ubloquity’s blockchain tech can be adapted for use in various industries, including aerospace and aviation. The program emphasizes the versatility and potential cross-industry impact of Ubloquity’s innovative solutions.
Evolution of TETA Consortium:
Ubloquity recently announced a significant development related to its Technology-Enabled Trading Alliance (TETA) consortium. Originally established in 2022 to address export challenges, TETA has evolved into a comprehensive project involving several specialized companies. The consortium’s recent decision to transition into a private entity independent of Ubloquity is aimed at enhancing access to funding streams and government growth grants, ensuring its sustained development and impact.
Fortuitous Agreements in Northern Ireland:
Beyond Ubloquity’s accomplishments, another notable agreement in Northern Ireland involves edtech company Impero Software. Impero Software secured a decade-long partnership with Northern Ireland’s government, positioning itself as a key provider of its product suite to the region’s students. Impero Software specializes in offering secure and safe online learning environments for students and educators, aligning with the government’s focus on ensuring access to learning materials in a protected digital space.
Ubloquity’s entry into the Aerospace Xelerated program marks a significant milestone for Northern Ireland, positioning the blockchain-focused company as a trailblazer in aerospace innovation. The recognition of Ubloquity’s technology’s adaptability beyond supply chains underscores its potential for broader industry applications. Additionally, the strategic transition of the TETA consortium into an independent entity reflects Ubloquity’s commitment to fostering collaborative solutions with specialized companies. In parallel, Impero Software’s extended partnership with the Northern Ireland government reinforces the region’s dedication to providing secure online learning environments for students. These developments collectively highlight Northern Ireland’s growing influence in technological advancements and collaborative partnerships.