Purdue Innovates celebrates National Entrepreneurship Month in November to recognize the men and women who start businesses to address needs around the world. The backbone of the American economy is formed by the drive and ingenuity of these entrepreneurs.
Purdue Innovates is a streamlined system that provides support and resources for entrepreneurs including technology commercialization, intellectual property protection and licensing, enterprise creation, and venture capital. Purdue Innovates has three dedicated facets: Incubator, the Office of Technology Commercialization and Ventures.
About Nick Gunady and Aerovy
Nick Gunady is the CEO of Aerovy, a software provider for the advanced air mobility sector, which includes electric-powered urban and regional aircraft. He also is an alumnus of Purdue’s School of Aeronautics and Astronautics and research assistant in Purdue’s Center for Integrated Systems in Aerospace.
Aerovy has developed Scout and Spectra, two software solutions that address obstacles to advanced air mobility. Scout planning software identifies locations that would attract the most demand, so operators would be able to make back their investments quickly. Spectra operational software automatically connects users with all their assets at infrastructure sites, including chargers and off-grid energy systems.
In October, Aerovy announced the completion of an $800,000 round of pre-seed funding.
“I’ve always been fascinated with entrepreneurship – building systems that can develop and provide value through solving real problems in the community has always appealed to me,” Gunady said. “As an engineer, it’s always exciting to see your work go from idea to reality so quickly, especially when developing partnerships and relationships with folks from around the world.”
Gunady said Aerovy has benefitted significantly from resources at Purdue and especially Purdue Innovates.
“As a spin-off from research in the School of Aeronautics and Astronautics, having the unwavering support of Purdue on all levels, especially through Purdue Innovates Ventures led by Tyler Mantel and the John Martinson Entrepreneurship Center led by Dr. Cagri Savran was instrumental in enabling a successful launch,” he said. “Leveraging the rich industry connections and innovative mindset of Purdue Research Foundation has helped to fuel our rapid growth.”
Visit Aerovy’s website to learn more about the company and its work.
Visit Purdue Innovates’ website to learn more about its entrepreneurial support and resources.