On the morning of the official opening of its expansive SATELLITE 2022 showroom, nine start-up entrepreneurs from around the world will take to the stage in a battle of lightning-fast business pitches in front of some of the space sector’s most powerful investors. . They’ll fight for a grand prize that includes a 30-minute conference call with even more investors to secure the funding they need to build prototypes, launch services, and take their business to the next level.
It’s Startup Space – one of the most exciting events to take place at the annual SATELLITE conference and exhibition. Created six years ago at SATELLITE 2017, the Startup Space Entrepreneur Pitch Competition is designed to drive investment and growth in the industry and to provide new entrants with a powerful platform at one of the world’s largest space shows. The competition has helped cultivate fast-growing space companies like Astroscale, LeoLabs, Ursa, Orbit Fab and dozens more who have participated in past events.
The 2022 Startup Space competition will take place in SATELLITE’s Exhibit Hall theater on Tuesday, March 22 from 11 a.m. to 1 p.m. and will feature guest judges from powerhouse investment firms such as Starbridge Venture Capital, Space Fund, MaC Venture Capital, Toyota Ventures, Data Collective Venture Capital, MoonshotX and event sponsor Seraphim Capital.
To produce the 2022 competition, SATELLITE partnered with Rafferty Jackson of Jack Industries, a former Startup Space judge who has participated in the event since the first competition. Jackson’s goal for Startup Space was to bring together a cast of nominees and judges that more accurately reflects the diversity of the next-gen space industry — both in the technologies showcased and the people driving ideas for it. ‘business. The Startup Space 2022 lineup features its most diverse and global roster of attendees yet. In this article, we provide an overview of the nine competitors who will compete for the grand prize in Washington, D.C. Competitors are listed in order of appearance in the contest.
Scout, represented by co-founder and CEO Eric Ingram
Scout was founded in 2019 to address the fundamental challenges of spaceflight that are often considered acceptable risks – primarily, how spacecraft see and react to each other. Believing that today’s spacecraft are essentially “blind”, co-founder and CEO Eric Ingram and his team at Scout developed the SCOUT-Vision payload system, which aims to provide spacecraft with the “eyes ” necessary to allow better navigation and avoid threats. The company launched its first SCOUT-Vision system in June 2021 and it is currently operational. Ingram is a returning Startup Space competitor and expert in commercial spaceflight regulation with an extensive reach in the space industry and a history of building diverse and interdisciplinary teams. He currently serves on the board of the Space Frontier Foundation and is part of Mission: AstroAccess.
AV SpaceTech, represented by CEO Adisesh Yeragudi
AV Space Tech builds a modular ion space propulsion engine – the Xe-1 – a disk made up of layers of engine that can be added or removed to increase or decrease power. The concept image of the Xe-1 recalls the growing popularity (and capability) of modular technologies. The company is also working on its Xe-2 model – a 1.5 kilowatt class propulsion system using xenon to achieve high specific impulse and thrust levels for geostationary satellite applications. AV SpaceTech CEO Adisesh Yeragudi is Startup Space’s youngest contestant and winner. He is a recent graduate of Rutgers University, which received the highest score at Startup Space last year at SATELLITE 2021. All Startup Space 2021 contestants have been asked to return due to COVID-19 limitations of Last year.
Aquarian Space, represented by CEO Kelly Larson
Aquarius Space is developing a satellite relay network called SOLNET, which aims to enable customers in the commercial and civil space sectors to quickly and reliably send and receive large volumes of uninterrupted streaming data. The types of data the network will process include: Space Situational Awareness (SSA) for Lunar Defense; space debris tracking; space weather forecasting; and scientific data from the Moon and Mars. The company will be represented by CEO Kelly Larson, who describes SOLNET as “a major foundational utility for the emerging solar system economy.” Larson has been an entrepreneur for 20 years, including five years in the space industry. She has been running Aquarian Space since July 2018.
Tensor Tech, represented by CEO and Co-Founder Thomas Yen
Taiwanese space company Tensor technology wants to help humanity become an interplanetary species by reducing the cost of space systems – in particular by minimizing expensive satellite attitude determination and control systems (ADCS). Unlike traditional satellite attitude control systems based on three- or four-axis reaction wheels, Tensor Tech uses spherical motor technology that can replace traditional motors with one-third the weight, volume and power consumption of ‘energy. CEO and co-founder Thomas Yen returns to Startup Space 2022 after participating in the virtual competition in 2021. He is a member of Taiwan’s National Cheng-Kung University Electrical Machine Lab and Entrepreneur-in-Residence for Infinio Capital.
Orbit’s Edge, represented by CTO and Founder, Rick Ward
OrbitsEdge develops a space-based edge computing and storage solution using a proprietary “frame” architecture to deliver data to businesses and organizations that rely heavily on Earth observation for time-sensitive decision making. It is aimed at government and national security end users, as it leverages AI, deduplication, compression, and encryption at the source of data before transmitting it for further processing. Orbit’s Edge co-founder and CTO Rick Ward is attending Startup Space on behalf of the company. He is a former U.S. Marine, with extensive experience developing, producing, and conducting simulated regolith research for NASA and other deep space industries.
ReOrbit, represented by Founder and CEO Sethu Saveda Suvanam
Although you may be familiar with reusable launchers and their impact on reducing the cost of access to space, the Scandinavian space startup Reorbit wants to go further by developing reusable space systems, including single and constellation satellites. To do this, ReOrbit is developing a set of technologies to make spacecraft platforms modular and configurable to accommodate different types of payloads, and equipped with built-in autonomous orbital capabilities and software-defined architecture. Founder and CEO Sethu Saveda Suvanam will introduce the company at Startup Space. He was a former subsystems manager for AAC Clyde Space, where he was responsible for commercial relations, customer contacts and the development of customer proposals focusing on subsystems for small satellites.
Vyoma Space, represented by co-founder Dr. Luisa Buinhas
German start-up Vyoma space wants to revolutionize the operations of space objects and satellites by fully automating the process. The company has developed a software suite that uses intelligent algorithms to process images, assess space traffic and plan evasive maneuvers. More importantly, Vyoma’s software suite will be able to integrate maneuver instructions directly into the operational tools of the control room. The company will be represented by co-founder and space systems engineer Dr. Luisa Buinhas. After graduating from TU Delft in Aerospace Engineering, Dr. Buinhas completed his PhD at the German Federal Armed Forces University. During her PhD, she participated in DLR-led mission studies for satellite constellations and spent six months at MIT as a research intern.
GeoJump, represented by co-founder and CTO Isa Fritz
GeoJump wants to give satellite operators a new launch route to geostationary orbit. Using a lunar flyby trajectory and the Sherpa-ES OTV developed by partner Spaceflight, GeoJump aims to bring customers into geostationary orbit (GEO) in just two weeks with minimal radiation exposure. The company aims to launch its first payload in Q4 2022, with multiple launch opportunities available in 2023. GeoJump co-founder and CTO Isa Fritz will be participating in this year’s Startup Space event. Fritz previously worked as lead space architect at Tesseract and technical director at SSL. She describes herself as a space enthusiast who strives to bring science fiction books to life.
Rogue Space Systems, represented by Founder and CEO Jeromy Grimmett
Based in New Hampshire and founded in 2020, Rogue space systems designs satellite vehicles and subsystems in the form of “orbital robots” to provide in-orbit services to satellite operators. These robots, called Orbots, will be able to inspect, monitor and move satellites using high-definition cameras and sensors. Founder and CEO Jeromy Grimmett, whose career began after high school in the US Army, where he became a missile systems and electronics specialist on PATRIOT and THAAD, competes on behalf of Rogue Space Systems. After the military, he began consulting as a network engineer, where he traveled the world building and maintaining large-scale networks for communications companies, power producers, and manufacturers. He attended the School of Extension Studies at Harvard University, where he was pursuing his undergraduate and master’s studies in government and international relations.
Learn more about the competition, our judges and the competitors, by visiting the Startup Space website here. All participants of SATELLITE 2022 are invited to watch the competition.