Prepare for takeoff

Texas A&M team wins second round of Boeing-backed flight device competition

A team out of Texas A&M University is a finalist for Boeing's GoFly competition. Courtesy of GoFly

A team from Texas A&M University has advanced in a global Boeing-sponsored competition called GoFly. The competition asks teams to create a personal flying device aircraft that is smaller, lighter, and quieter than any currently existing model.

Texas A&M Harmony is one of the five teams named a winner in GoFly's Phase II competition, which has more than 3,500 innovators from 101 countries across the world. The teams are now preparing for the Final Fly-Off expected to take place in 2020, at which point innovators will put their aircrafts to the test, competing at a final event showcase and for the remaining $1.6 million in prizes.

Dr. Moble Benedict leads the team and is an assistant professor of aerospace engineering at TAMU and founder of the Advanced Vertical Flight Laboratory with 15 years of experience in vertical take-off and landing aircraft concepts. Texas A&M Harmony is the only team from Texas currently in the competition.

"The first time I heard about the GoFly competition, I thought 'this is impossible I can't do it,'" says Moble Benedict, Harmony's team captain and an assistant professor of aerospace engineering at TAMU.

Benedict, who also founded the Advanced Vertical Flight Laboratory with 15 years of experience in vertical take-off and landing aircraft concepts, proposed the competition to his students and his connections in the field to build his current team.

"The first few months we spent brainstorming different ideas," Benedict tells InnovationMap.

The team created a design called Aria, which was inspired by the word's musical roots.

"Being engineers, we were trying to stick with a theme," says Carl Runco, a PhD student at the Advanced Vertical Flight Lab of TAMU. "We struck on 'Aria,' and thought 'that's it' because Aria is the solo of an opera and we're designing a single-person vehicle."

Aria is a high technology readiness level compact rotorcraft designed to minimize noise and maximize efficiency, safety, reliability, and flight experience, according to the GoFly website.

"The key outcome of this design is the rotor system we have designed," says Benedict. "We have come up with a very unique rotor system which is very quiet without compromising the efficiency. That's something very hard to do."

In addition to Benedict and Runco, the Harmony team has a total of 12 members — from PhDs to professors, including:

  • David Coleman, a PhD student conducting research at AVFL (Advanced Vertical Flight Laboratory)
  • Hunter Denton, a Masters student in AVFL at TAMU
  • Dr. Eric Greenwood, who received a PhD in Aerospace Engineering from the University of Maryland and is a researcher at NASA Langley developing rotor noise modeling methods and experimental techniques
  • Atanu Halder, a PhD candidate in Aerospace Engineering at TAMU
  • Dr. Vikram Hrishikeshavan, an Assistant Research Scientist at the University of Maryland with 14 years of experience in VTOL aircraft concepts
  • Dr. Vinod Lakshminarayan, a Research Scientist at Science and Technology Corporation, NASA Ames Research Center
  • Bochan Lee, a South Korean Navy UH-60 pilot and a current graduate researcher at AVFL
  • Farid Saemi, a PhD student at TAMU
  • Vishaal Subramanian, a Masters student at the Aerospace department of TAMU
  • Aswathi Sudhir, a PhD student in Materials and Structures from Aerospace department of TAMU.

Winning the competition would put the Texas university on the map for aerospace engineering.

"The recognition would be invaluable," says Saemi.

The GoFly competition is broken up into three phases that began in 2017 according to the website. The first phase focused on written reports detailing each team's design and plan. After advancing through that round, Harmony entered Phase II, which included a re-review of Phase I materials and a demonstration of the progress each team has made. The five winners of Phase II will compete in a fly-off in 2020.

Other teams based in the United States include Trek Aerospace FK2 Inc. and DragonAir Aviation. International teams include Silverwing Personal Flight, from the Netherlands, and Aeroxo LV, from Latvia and Russia.

"We're inspired and excited to see the strong progress that GoFly competitors have made on their bold, creative designs," says Greg Hyslop, Boeing's CTO, in the press release. "Their work confirms a principle that's at the core of both Boeing and GoFly: aerospace innovation changes the world."

While the team is focused on next year's fly-off competition, they see the potential for a company taking off.

"If we're successful enough and attract enough attention, there is definitely interest in turning the team into an official company," says Runco. "We want to be able to sell these things."

Texas A&M Harmony has 12 team members and is advancing to the final round of the competition. Courtesy of GoFly

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Building Houston

 
 

Last weekend was a tumultuous one for founders and funders in Houston and beyond. Here's what lessons were learned. Photo via Getty Images

Last week, Houston founder Emily Cisek was in between meetings with customers and potential investors in Austin while she was in town for SXSW. She was aware of the uncertainty with Silicon Valley Bank, but the significance of what was happening didn't hit her until she got into an Uber on Friday only to find that her payment was declined.

“Being positive in nature as I am, and with the close relationship that I have with SVB and how they’ve truly been a partner, I just thought, ‘OK, they’re going to figure it out. I trust in them,'” Cisek says.

Like many startup founders, Cisek, the CEO of The Postage, a Houston-based tech platform that enables digital legacy planning tools, is a Silicon Valley Bank customer. Within a few hours, she rallied her board and team to figure out what they needed to do, including making plans for payroll. She juggled all this while attending her meetings and SXSW events — which, coincidentally, were mostly related to the banking and fintech industries.

Sandy Guitar had a similar weekend of uncertainty. As managing director of HX Venture Fund, a fund of funds that deploys capital to venture capital firms around the country and connects them to the Houston innovation ecosystem, her first concern was to evaluate the effect on HXVF's network. In this case, that meant the fund's limited partners, its portfolio of venture firms, and, by extension, the firms' portfolios of startup companies.

“We ultimately had no financial impact on venture fund 1 or 2 or on any of our portfolio funds or our underlying companies,” Guitar tells InnovationMap. “But that is thanks to the Sunday night decision to ensure all deposits.”

On Sunday afternoon, the Federal Deposit Insurance Corp. took control of SVB and announced that all accounts would be fully insured, not just up to the $250,000 cap. Customers like Cisek had access to their accounts on Monday.

“In the shorter term, the great news is SVB entity seems to be largely up and functioning in a business as usual manner,” Guitar says. “And they have a new leadership team, but their existing systems and predominantly the existing employee base is working well. And what we're hearing is that business as usual is taking place.”

Time to diversify

In light of the ordeal, Guitar says Houston founders and funders can take away a key lesson learned: The importance of bank diversification.

“We didn't think we needed one last week, but this week we know we need a resilience plan," she says, explaining that bank diversification is going to be added to "the operational due diligence playbook."

"We need to encourage our portfolio funds to maintain at least two banking relationships and make sure they're diversifying their cash exposure," she says.

A valued entity

Guitar says SVB is an integral part of the innovation ecosystem, and she believes it will continue on to be, but factoring in the importance of resilience and diversification.

"Silicon Valley Bank and the function that they have historically provided is is vital to the venture ecosystem," she says. "We do have confidence that either SVB, as it is currently structured or in a new structure to come, will continue to provide this kind of function for founders."

Cisek, who hasn't moved any of her company's money out of SVB, has similar sentiments about the importance of the bank for startups. She says she's grateful to the local Houston and Austin teams for opening doors, making connections, and taking chances for her that other banks don't do.

"I credit them to really being partners with startups — down to the relationships they connect you with," she says. "Some of my best friends who are founders came from introductions from SVB. I've seen them take risks that other banks won't do."

With plans to raise funding this yea, Cisek says she's already started her research on how to diversify her banking situation and is looking into programs that will help her do that.

Staying aware

Guitar's last piece of advice is to remain confident in the system, while staying tuned into what's happening across the spectrum.

“This situation that is central to the venture ecosystem is an evolving one," she says. "We all need to keep calm and confident in business as usual in the short term while keeping an eye to the medium term so that we know what happens next with this important bank and with other associated banks in the in our industry."

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