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Boeing reports demand for over 43,500 new planes worth $7.2 trillion by 2040. The global aerospace and defense industry market size is $697 billion annually, while commercial aerospace he is $298 billion. Domestic flights in Pakistan are $0.064 per mile while neighboring countries are $0.049 per mile. Pakistan has about 0.03 aircraft seats per capita compared to India (0.16), Nepal (0.11) and Bangladesh (0.04). The scale of Pakistan’s opportunities in aerospace and high-tech manufacturing is unprecedented. Aerospace can solve the complex problems facing humanity and transform mobility, healthcare, agriculture and emergency services. The aerospace and high-tech manufacturing sector could become Pakistan’s largest export sector.
Innovation and entrepreneurship are needed to transform the economy and build the next Silicon Valley. This is the most amazing creation of wealth in human history. Through innovation and entrepreneurship, China has lifted more than 800 million of her people out of poverty over the past 40 years. Over 50,000 startups are built in China every month. The NTF will fund startups and innovative projects to inspire Pakistan’s vibrant startup he ecosystem.
The National Incubation Center for Aerospace Technologies (NICAT) is a joint venture between the Ministry of IT’s Ignite NTF and the National Aerospace Science and Technology Park (NASTP). Pakistan’s first aerospace incubation center, NICAT, has opened its doors for its first startup cohort. Aerospace, aviation and deep tech start-ups can attend NICAT in Rawalpindi or digitally from across Pakistan.
NICAT contributes to high-tech manufacturing, job creation, peace, deterrence, protection, high-tech investment, technology spin-offs, spillovers, and the creation of a domestic high-tech startup ecosystem. Vietnam has transformed its economy from her 10% high-tech exports (percentage of manufactured exports) to over 40% in the last decade. High-tech exports are key to the country’s economic transformation. Our mission at NICAT is to bring her 400% aerospace & hi-tech manufacturing boom in Pakistan as Vietnam has achieved in her 10 years.
Entrepreneurs with a passion for innovation in the sky and beyond who use any of the following technologies should join NICAT.
💡 Drones and robotics
💡 Flight Simulator and Augmented Reality (AR/VR/MR)
💡 Artificial Intelligence, High Performance Computing (HPC), Big Data
💡 Advanced wireless networks and communication systems
💡 IoT & ICT system
💡 Aircraft and spacecraft systems
💡 Avionics, electro-optical/IR systems
💡 Electronic sensors and C2 system
💡 Information Assurance, Cyber Defense, Resilience
💡 Advanced Materials, Additive Manufacturing, Rapid Prototyping
💡Precision Agriculture
Change the world 🌐 Multi-planetize human life 🪐🌌 Together let’s make Pakistan 🇵🇰 a top 50 innovative nation. Reasons to join:
🚀 Free coworking space, access to R&D labs, and industry exposure
🚀 Grow your business with a global mentor!
🚀 Achieve Product-Market Fit and Investment Readiness
🚀 Pitch your startup to angel investors and VCs
🚀 Be part of Pakistan’s largest innovation community 🇵🇰
Bringing together all the winning elements from industry, academia and government, NICAT is poised to contribute to Pakistan’s socio-economic advancement. NICAT contributes to this transformation by empowering, connecting and equipping Pakistani entrepreneurs by bringing together Pakistani investors, innovators, thought leaders and policy makers. The National Incubation Center for Aerospace Technologies (NICAT) aims to transform Rawalpindi/Islamabad into a tech he innovation valley by creating a sustainable startup ecosystem that serves the needs of the nation and serves the global market. I am aiming.
About the author: Imran Jattala is a project director at the National Incubation Center for Aerospace Technologies (NICAT). He tweeted: Imjatala
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