$10M OF INVESTMENT IN 8 COMPANIES SINCE 2016
Space 2.0: CNBC calls it the "next internet". Lightweight, 3-D-printed, miniaturised satellites – up to 1000x cheaper. Low-cost, re-usable launch systems. Startups using smart sensors, machine learning, big data, autonomous robots... to create new solutions to big problems on Earth – from Space.
Recent announcements of large-scale constellations by OneWeb (648 spacecraft) and SpaceX (over 4,000 - see article), has doubled 2014 forecasts of "2,750 small satellites launched by 2020 worth $1.9bn". We're now forecasting over 5,000 spacecraft to be built and launched over the next 5 years with investment since 2013 now pushing north of $5bn.
Since January 2016, Australian space startups Saber Astronautics, Myriota, Fleet Space, Gilmour Space Technologies, Hypercubes, Cuberider, Neumann Space, and Obelisk Systems have raised over A$10m in private angel and venture funding. In March 2017, the Space Industry Association of Australia released a white paper calling on the Australian government to institute a proper space industry policy. Watch the Sky News report of 21st March 2017 featuring 5-time Australian astronaut Andy Thomas calling for an Australian Space Agency to unlock our burgeoning potential.
In December 2016, Delta-V member Cuberider made history by sending the first ever Australian payload to the ISS. And on April 19th, 2017, Delta-V founding teams and members ACSER UNSW and Sydney University SpaceNet, along with teams from ANU, Adelaide University, and UniSA launched three Australian-built research Cubesats into orbit as part of the Cygnus OA-7 and QB50 missions, the first Australian-made spacecraft to travel into space since 2002. The same launch also the US Biarri Point satellite which as part of its payload has GPS technology developed by ACSER UNSW in partnership with UNSW Canberra's space engineering team and the Defence Science and Technology (DST) Group.
This September 2017, the world's showcase space industry event the International Astronomical Congress IAC2017 will come to Adelaide, Australia – and Delta-V will be there, promoting Australian space startups to international partners, media, potential investors and customers. Interesting in being a sponsor ? Get exclusive access and positioning alongside the fastest growing space startups in the AsiaPac region. Contact tim (at) deltavspacehub (dot) com for more information.