Growbotics Space’s Post

Are you at the APSCC 2024 conference? Did you catch Negar Feher at the On-Orbit Servicing, Mobility and Logistics Panel discussion? Do you agree in the need for universal standards?

We are proud to share that OOX's CEO Negar Feher was moderating an insightful panel discussion "On-Orbit Servicing, Mobility and Logistics" at the 2024 APSCC conference in Bangkok, Thailand yesterday with Marion Andrieux, Chief Commercial Officer at Infinite Orbits and Sébastien Duménil, Chief Commercial Officer at Exotrail. A couple key takeaways from the discussion were: Government Support is Key: Instead of focusing on stringent regulation, governments should focus on becoming active customers of satellite servicing. By investing in these technologies, we can drive innovation and accelerate the availability of these services to meet growing space demands. The Need for Universal Standards: The future of satellite servicing, including refueling and upgradable satellites, is about 15 years away. The biggest barrier? Lack of agreement on universal refueling interfaces. Every year of delay on this front pushes back the timeline for realizing satellite servicing as a widespread reality. The panel's thought-provoking insights underscore the urgency of collaboration, standardization, and government investment in the space industry. Looking forward to APSCC in Taiwan in 2025!

🛰️ SpaceX’s #Starlink has brought unprecedented #tech advancements and #market competition leading to an influx of private companies looking to make an impact 🇨🇳 Specifically, Chinese private companies have been taking strides to catch up with the competition notably with the new mega-constellation, G60 Starlink operated by the Shanghai Spacecom Satellite Technology. Novaspace Managing Consultant Alexandre Najjar and Senior Affiliate Consultant Blaine Curcio gave their insights on the latest in The Wire China emphasizing a preference for private companies to operate the newest #telecommunications project to lessen the risk to current #government operated constellation, #Guowang. 👉 Read more about the latest developments: https://lnkd.in/d42WkQ-d

Because most of the spacetech deals we analyzed were not mature enough to fit our investment thesis (launchers, propulsion, in-orbit services, or satcom) 🚀 Because even for those who were, they didn't contain enough differentiating and proprietary technology (satellite manufacturing, remote sensing data services) 🚀 Because the rare candidates with significant revenue and distinctive IP, approached us with an unrealistic and overinflated valuation. 🚀 But we probably will, because #JoltNinja shows that the density of joltable European space scaleups has significantly increased in the past couple of years. We are down-to-earth investors, totally immune to hype, and happy to bide our time. 🚀 (Maxime Mallet joined a panel at the European Space Agency - ESA on Sept. 18th) #space #spacetech #deeptech #satellite #orbit #remotesensing #satcom #privateequity #growthcapital Stefania Ascione Rob Desborough Ossi Tiainen Kais Barmawi

We wish our friends at ABL well as they recover from what appears to be a pad fire. This event underscores how difficult launch is and why so few organizations worldwide have made it into orbit with a new vehicle. The talent pool is small, the capital required is high, and the results are unforgiving. Despite that, once that capability is achieved, launch becomes an extraordinarily valuable strategic capability https://ow.ly/iySr50SJbU0

The #replay is now available: https://bit.ly/3O3SX84 where you can right speed-up to hear on orchestration, standardization and collaboration - redesigning space

With the Government’s pause on NASA SEWP VI, I started to think about GWACs, MACs and IDIQ vehicles --- it’s a love/hate relationship in the BD world. The acquisition process hasn’t gotten better over the years --- they’re time-consuming (both from capture and proposal periods), and you’re contending with intense competition, frequently issued amendments, and long delays in awarding, which are compounded by numerous protests. However, this necessary contracting challenge provides diversity in a company’s contract portfolio, allows for contract avenues for shaping work to be procured against, and can ensure stability with new or existing agency clients promoting long-term relationships. Still waiting on CIO-SP4 (we have received the pre-award notification) and POLARIS! Here are some stats on those two vehicles, courtesy of APMP fellow and friend Brenda Crist: CIO-SP4 - RFP Release Date: May 25, 2021 - Number of Amendments: 16 - Proposal Due: February 11, 2022 - Protests and Decisions: 135 and counting - Estimated Award Date: April 2025 Polaris - RFP Release Date: March 25, 2022 - Amendments: 7 - Proposal Due: October 7, 2022 - Protests and Decisions: 16 and counting - Estimated Award Date: After September 2024 #Knowesis #GWACs #MACs #IDIQs #governmentcontracting #CIOSP4 #NASASEWP #POLARIS 

Europe’s IRIS² constellation faces challenges of timing, scaling and competition: BREMEN, Germany — Europe’s plan to launch a sovereign satellite communication constellation is moving ahead once more, but IRIS² faces challenges of timing, scale and feasibility in the face of […] The post Europe’s IRIS² constellation faces challenges of timing, scaling and competition appeared first on SpaceNews. #neuco

Space42 has officially lifted off on the Abu Dhabi Securities Exchange (#ADX), marking an exciting milestone in the UAE’s ambitions within the ever-evolving space economy. Born from the merger of Yahsat Space Services and Bayanat Engineering Space42 is now one of the largest publicly listed space technology firms in the world. On October 1, the company made its debut on the ADX, starting its journey with shares opening at Dh2.38. This merger combines Yahsat’s satellite communications expertise with Bayanat’s geospatial analytics capabilities, creating a powerhouse in the SpaceTech sector. Space42 will offer a comprehensive range of services tailored to governments and enterprises, while increased investment in research and development will foster innovation in satellite communications and AI. As a key industry player, Space42 is expected to attract significant investor interest, contributing to the UAE's economic diversification and aligning with the goals of the National Space Strategy 2030 and the AI Strategy 2031. With a commitment to enhancing local manufacturing and fostering the next generation of engineers and experts, Space42 is well-positioned to reinforce the UAE's standing within the global space value chain. #SpaceTech #Aerospace #Agna #UAE #VentureCapital

In-space mobility and on-orbit service and supply will mean increase in capability, mission flexibility, and significant savings. Companies receiving awards under OSL’s BALISTA framework include Cognitive Space, Impulse Space, and Starfish Space. In March 2024, OSL released the BALISTA BAA which included areas of interest of in-space mobility and maneuver, on-orbit logistics and sustainability, mission acceleration, artificial intelligence for ground operations, and spacecraft propellant particle count.