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The Space Industry in 2024, and How to Build a Satellite Company

The Space Industry in 2024, and How to Build a Satellite Company

FromACQ2 by Acquired


The Space Industry in 2024, and How to Build a Satellite Company

FromACQ2 by Acquired

ratings:
Length:
79 minutes
Released:
May 24, 2024
Format:
Podcast episode

Description

The space industry is one of the most fascinating areas of technology in 2024. The reduction in launch costs and proliferation of satellites make all kinds of new businesses possible. Today we are joined by Austin Link, the co-founder and CEO of Starfish Space (where Ben and PSL Ventures are investors!). Austin lays out the state of the space industry today, particularly as it pertains to startups. He and Ben explore what it takes to build a space company, then gets into the specifics of what Starfish Space is building.Starfish Space has created a spacecraft to dock with and reposition satellites. This "space servicing" technology enables their customers to extend the usable lifetime of satellites (unlocking tens of millions of dollars in revenue), or safely dispose of aging satellites to avoid space debris. Starfish's product, the "Otter", uses autonomous navigation software and electric propulsion to move through space and dock with customers' satellites.If you're into physics, outer space, or any sort of "hard tech", tune in! Links:Starfish SpaceSponsors:Quartr
Released:
May 24, 2024
Format:
Podcast episode

Titles in the series (100)

ACQ2 is Ben and David's conversations with expert founders and investors. Acquired the stories of great companies — and ACQ2 dives deeper into the lessons we can learn from them, often with the protagonists themselves.