Credit PB on this data... It's an interesting read. The general feeling amongst Space Technology is that deal count slowed up. Well in 2023 it returned to record breaking numbers. Mainly due to the top 12 investments all securing $100M+. Here are the top 5. Relativity Space - $1Bn SpaceX - $750m Axiom Space - $460m Firefly Aerospace = $300m Isar Aerospace - $165m So, if this is the case are we back on track for exponential growth? Well, yes, if you consider it purely form an investment perspective. However the war for talent remains fierce. Défense primes, typically the pool that's approached for Space candidates has cottoned on. Insane counter offers and growth by acquisition (which incidentally does create talent movement) have resulted in a tighter candidate pool. The answer? Consider candidates with the right attitude. Flex on their background and bring in the candidates that love what you do. Passion drives culture and culture drives performance. We have an in depth white paper coming out.
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Excited for another #SATshow! Always a great event for reuniting with friends and colleagues, hearing new industry announcements, and setting the pace for the year ahead! My top themes I'm watching out for are: 1) What's the status of launch? News from SpaceX, United Launch Alliance (ULA), Relativity Space, Rocket Lab, ARIANESPACE, Skyrora Ltd and so many more! 2) The present and future of GEO? Is the hesitation on GEO comms orders shifting? How are manufacturers responding? Join my panel on Monday with Airbus, Boeing Defense, Space & Security, Maxar Space Systems, MDA Space, and Thales Alenia Space 3) How are manufacturers combatting the in-house trend for Non-GEO constellations? 4) Are In-Orbit Services becoming more integral and competitive? Looking forward to announcements from Astroscale, Exotrail and others 5) What will be the near-future of innovation and disruption in the space economy? #AI for scale, speed, and scope? Expansion of the LEO economy such as In-Orbit synthesis (à la Varda)? Strategic collaboration within the value chain? Meetings, a panel, a Breakfast Briefing, more meetings, and walking the show floor! Should be great! Those are my top themes, what are yours? NSR, an Analysys Mason company #Satellite #NSRInsights Analysys Mason
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Sharing my latest feature for Via Satellite, out today as part of their April issue and focusing on that hot hot topic, in-space maneuvering and sustainability. The article features news and insights from companies including Northrop Grumman, Maxar Technologies, Astroscale, Orbit Fab, and CisLunar Industries, along with analysis from NSR, an Analysys Mason company. As always, I welcome any thoughts or feedback! Thanks once again to Via for the opportunity, and to the companies and analysts who spoke with me for the insights.
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An important and impressive step in achieving Quantum Space's vision.
We have made contact! Quantum Space mission control team has successfully received and transmitted data to Scout-1 using our Quantum Mission Ops Center, Rockville, MD. Commissioning operations are underway. Yesterday on SpaceX Transporter-10 launch at 5:05 PM EST the Quantum Space Sentry Mission began with the deployment of Scout-1. This satellite is the foundational node in our commercial mesh network known as QuantumNet. Through the course of the mission Scout-1 will be conducting on-orbit space situational awareness data collection while maturing on-orbit processing algorithms and refining our AI/ML technologies. Quantum Space continues to lean forward as we work towards advancing humanity’s journey to the stars.
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Focusing on the bright spots, ongoing success, is the best way to scale desired behaviors across a large organization. Watch this if want to see an example bright spot!!
Joshua Poley had the chance to catch up with Sean Allen at #AMOS to talk about the SDA TAP Lab and all the amazing work they are doing. The video below is what the SDA TAP lab is in 2 minutes! Click here to view the video on YouTube: https://lnkd.in/gz4PKmn4 Congratulations to the winners and all participants of Cohort 3! Kayhan Space | InTrack Radar Technologies, Inc. | Cloudstone Innovations | Katalyst Space Technologies | Leidos | TURION SPACE Cohort 4 team members: Rhea Space Activity | Areté | The Aerospace Corporation | Lockheed Martin | Orion Space Solutions, an Arcfield Company | Wallaroo.AI | Cloudstone Innovations | Orbital Services Corporation LLC (OSCorp) | LSAS Tec
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I was recently interviewed for an article related to the differences between supplying traditional aerospace vs. new space companies. The last question was if I thought new space would replace traditional aerospace. Launch providers are all balancing cost, risk, and speed to market. New space accepts higher risk in exchange for speed and believes that will lower cost. Right now, new space is dominating, particularly SpaceX But SpaceX was a failed launch away from bankrupt many years ago and we have seen other new space companies fail. It is a difficult balance. While the new space approach has advantages, in every industry, innovation and execution will win. Currently, SpaceX is executing at the highest level in this market. Many of their competitors have been complaining about potential anti-competitive behavior. However, I loved ABL Space Systems System founder Dan Piemont's comment, "SpaceX continues to raise the bar as high as they can. We don’t feel short-changed by it, we feel challenged and motivated to do the same." Making access to space more affordable will benefit humanity. I'm guessing those who are excited by the advancement of the industry and the challenge to continuously innovate even further will be the winners, whatever their approach.
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"AUKUS Opportunity" as expressed by Australia's first astronaut Dr Paul Scully-Power at Space Industry Association of Australia Southern Space Event Under Pillar 2 of AUKUS, there is significant potential for growth, particularly in areas like quantum computing, Al, and advanced manufacturing - All of which can apply to the space domain For Australian space companies, the AUKUS framework opens doors to new partnerships, funding opportunities, and access to cutting-edge technologies The strategic importance of dual-use technologies cannot be overstated — they offer a pathway to developing capabilities that serve both civilian and defence needs " AUKUS Guardians, AUKUS Forum, #SIAA #southernspace #spaceindustry
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This is very scary. Even if you have nothing to do with additive manufacturing
This is what western metal AM OEM's are competing with. If you think this isnt state funded or at a minimum heavily subsidized then you have no idea how expensive it is to stand up this level of infrastructure. This should be frightening to the folks in the United States Department of Defense. We need to stop talking about advanced manufacturing and trying to think of all the things that could go wrong and trying to write a spec for every minutia and start doing, testing, learning, and improving. Some people have figured it out, namely the new space industry and companies like SpaceX Ursa Major Relativity Space Stoke Space Vaya Space and others. Its time for the rest to get on board, specifically in the defense industrial base, or risk getting further behind than we already are.
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My highlight from this year’s Microsoft Ignite is coming from Austria! 🚀 When we use technology to enable solutions that overcome global challenges, we enter new spheres. Microsoft Ignite 2024 is in full swing, and we are presenting over 80 innovations that show how artificial intelligence is transforming companies around the world – what a firework of innovations! A special highlight is coming from Austria: The Hera mission - a collaboration between the European Space Agency - ESA, Terra Mater Studios, Impact AI and Microsoft Austria, with a clear goal: To protect the Earth from potential cosmic threats. The Hera space probe will further deepen the findings of the NASA DART mission, which showed in 2022 that an asteroid can be deliberately diverted from its course. Building on this, new technologies are being developed that take planetary defense to a new level. But Hera is more than a technological milestone. With the Hera Space Companion, an interactive AI-supported assistant, the mission will be #accessible to everyone. Users can follow the mission in real time, interact with the space probe and experience groundbreaking discoveries from space first hand. This remarkable example from Austria showcases how AI is revolutionising knowledge acquisition and sharing, while leveraging Austrian technology to effectively tackle global challenges. Ian Carnelli, Markus Mooslechner, Michael Frenschkowski, Anna Maria Brunnhofer-Pedemonte, Justin Bercich, PhD, Ralph Haupter, Joacim Damgard, Anne Sheehan, Georg Leitgeb, Bernadette Welly, Franz Edlinger, Maximilian Kuckenburg, Claudia Wolf, Herbert Seitner, Juergen Kalchgruber-Siegl, Agnes Heftberger, Ingrid Heschl, Claudia Hartwich, Doris Lippert Catrin Hinkel #MSIgnite #AI #Innovation #HERAAI #HERAMission #HERASpaceCompanion #mhmm #möglichmachen https://lnkd.in/dDAt3shE
Hera Space Companion: Interaktive Einblicke in die planetare Verteidigung
https://www.youtube.com/
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For many of us in the space business, communicating the value of space technologies can sometimes be more difficult than actually building them. Technical people, who's with us? For those who are currently in this struggle, metaphors to convey your value proposition should become your best friend. Payload capacity comparable to _________. Data transmission speeds matching _________. Resolution as precise as _________. Thrust power rivaling _________. Energy production capacity equivalent to _________. They say the ISS is the size of an American football field. 🇺🇸 🏈 What is your metaphor? #space #newspace #deepspace #aerospace #everythingspace
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Senior Executive, Corporate Strategy, Policy, and BD Advisor, Board Member, and Founder. Defense, Space and Capital Markets Expert
7moThat is a great post. 2 of the 5 listed have been to space.