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PTC Announces Startup Program to Accelerate the Future of Aerospace & Defense Innovation

1. PTC launched an A&D Startup Program for product development tools. 2. Startups gain free access to PTC's software solutions, enhancing innovation speed. 3. Participants benefit from PTC's ecosystem, including venture capital and mentorship. 4. Industry focus on agility and compliance amidst evolving global threats. 5. Successful startup tool implementations noted by industry leaders.

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Why Bullish?

The initiative demonstrates PTC's commitment to innovation and fostering startups, potentially leading to increased revenue streams. Historically, similar programs have resulted in strong partnerships and customer acquisitions for tech companies, enhancing their market presence and competitive edge.

How important is it?

The article outlines a strategic initiative that could fundamentally alter PTC's market relevancy, making it more appealing to both startups and industry leaders. The projected growth in A&D sectors could lead to sustained demand for PTC's software solutions, justifying its importance.

Why Long Term?

The benefits of the startup program may take time to materialize but can cultivate growing demand for PTC's tools over several years. Past examples show that startup initiatives often lead to significant long-term customer relationships, eventually boosting revenue growth.

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Free access to Creo+, Onshape, Codebeamer+, and a startup package for Arena to enable startups to meet the speed, complexity, and compliance demands of modern aerospace and defense product development Exposure to PTC's global ecosystem of venture capitalists, incubators, and partners to support growth and industry visibility , /PRNewswire/ -- PTC (NASDAQ: PTC) today announced at the Reindustrialize Summit 2025 a new Aerospace & Defense (A&D) Startup Program to empower early and growth-stage startups with leading product development tools to help them bring new products and innovations to market faster. To eligible startups, the program offers free access to PTC's software, including its Creo+® software-as-a-service (SaaS) computer-aided design (CAD) solution, Onshape® cloud-native computer-aided design (CAD) and product data management (PDM) platform, Codebeamer+™ application lifecycle management (ALM) solution, as well as a startup package for its Arena® product lifecycle management (PLM) and quality management system (QMS) solution. Image courtesy of PTC. As aerospace and defense modernization accelerates across all five domains – sea, air, land, space, and cyber – new technologies emerge, and global threats evolve. The industry is under pressure to move faster, integrate complex systems more effectively, and deliver mission-critical solutions with greater agility. PTC's A&D Startup Program addresses these priorities head-on, helping fuel faster and more innovative product development for startups. Startups can access Creo+, known for its advanced modeling capabilities and support for complex assemblies, as well as Onshape, a cloud-native CAD platform with built-in PDM and real-time collaboration, ideal for agile teams with minimal IT overhead. Access to Onshape includes Onshape Government, designed specifically to help meet compliance needs, like ITAR and EAR, for U.S. federal and state agencies, defense contractors, and organizations working on regulated projects. Participants can also leverage Codebeamer+, known for its support for agile development with full requirements and test management, and end-to-end traceability, as well as Arena, a cloud-native PLM and QMS platform, ideal for enabling compliance and accelerating product development at scale. Eligible startups can participate in the program for multiple years to help support growth toward key funding and revenue milestones. In addition to the free software, they will gain access to PTC's ecosystem of venture capitalists, incubators, technology partners, and fellow innovators, plus opportunities for mentorship, exposure, and industry engagement."Aerospace and defense startups are tackling some of the world's toughest engineering challenges, and they need tools that help them get ahead," said David Katzman, General Manager of Arena and Onshape, PTC. "Through this program, we're equipping them with PTC's industry-leading solutions and support from day one so they can move fast, meet compliance demands, and stay focused on building what's next.""Developing our own solutions demands precision and dependable tools at every stage," said Mariarosa Argentiero, Chief Commercial Officer of ARCA Dynamics. "Creo helps us improve our production chain and accelerate the delivery of our products. It's especially powerful for startups because it delivers the advanced capabilities needed for production without requiring additional improvements or add-ons.""Designing next-generation spacecraft requires tools that are as agile and forward-looking as the missions we're building," said Ben Schleuniger, CEO and Co-Founder of Orbital Operations. "We adopted Onshape through PTC's A&D Startup Program, giving us a fast, secure foundation to collaborate and iterate from day one. As our needs expanded, the Onshape Government offering enabled us to meet compliance requirements without slowing down. We've truly appreciated PTC's support and collaboration every step of the way."To learn more about the program, eligibility criteria, and to apply, visit PTC Solutions for Aerospace and Defense Startups.About PTCPTC (NASDAQ: PTC) is a global software company enabling manufacturers and product companies to digitally transform how they design, manufacture, and service products. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, visit www.ptc.com.PTC Media ContactGreg Payne[email protected] PTC Investor ContactMatt Shimao[email protected]PTC, Creo+, Onshape, Codebeamer+, Arena, and the PTC logo are trademarks or registered trademarks of PTC Inc. and its subsidiaries in the United States and other countries.SOURCE PTC Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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