Banespyme-Orange awarded to Embention for its innovation

Orange, the Cultural Foundation Banesto, and IE Business School, with the aim of promoting entrepreneurship and increasing the occurrence of innovative technology-based companies, performed the Competition Banespryme-Orange (formerly NETI Project), in which Embention was granted as the winner.

Embention presented its business model in the field of UAV, UAS, RPAS, and drones, where it highlighted some of their products, such as Veronte Autopilot 1x, a failsafe avionics system for autonomous control of any kind of platform like a drone, UAV, UAS, RPAS, UGV, USV, robots, etc.; and Flamingo, a guided bomb that flies completely autonomously thanks to the merger of INS/GPS and other sensors that facilitates fighting fires.

Banespyme-Orange

It was founded in 2000, where companies opt for three awards: the Award for Best Project of Growth in SMEs, the Award for Best Entrepreneur Project, and the Award for Best Social Project, an award that supports the initiative of entrepreneurs who use new technologies to the beginning, growth, or diversification of the social benefit of their company. The winners of the Banespyme-Orange Project will take advantage of eight months of all the indispensable tools to realize their business ideas, such as their projects of the future. To this end, the Banespyme-Orange Project has the support of major companies to facilitate the winning projects and the use of a resource pool to help strengthen them as projects of the future.

Among the total of the business occasions, a group of experts in the field chose projects that would receive a prestigious study program in Madrid at IE Business School and in Barcelona at the University of La Salle. At the same time, during this learning phase, a tutor of IE will support each project in growing their business program. At the end, after a training in methods of exposure, the finalists exhibited at the Investors Forum Banespyme-Orange.