The government of India is going to adopt a law that boosts private space companies and public-private partnerships in the country. This is very welcome news, and guess why:
India has really great potential in space technology and the space sector but used to face with a lack of space regulations and licensing framework. Also, there was not a lot of promotion of the space segment as a possible solution to the challenges in the traditional sectors such as mining or agriculture businesses. As a result, domestic investors interested in supporting space companies.
Andrew Maximov, CEO and Co-Founder of Precious Payload, a software company that allows you to manage your space mission without leaving your office, shared a new video with a visionary outlook of the space industry growth in 5 years from now. He is drawing parallels between the early days of the IT industry and the current state of the space industry and concludes that every company will be able to have its own satellite by 2026.
Andrew Maximov, CEO and Co-Founder of Precious Payload, a software company that lets you plan and execute a space mission without leaving your home or office environment, shared a short video regarding a webinar that he participated in as a panelist last week. It was organized by KryptoLabs and the UAE Space Agency. In this video, Andrew is talking about the lessons learned from working on a space startup in the space industry since early 2016. The following information will be useful to someone who is thinking of building their career in the space industry or thinking of an idea for a startup in the space industry.
Stay home and safe, join our new video tour to Momentus facility in Silicon Valley. Momentus uses water-plasma propulsion technology for taking satellites from where the rockets drop them off to a custom orbit. Last summer the company has launched its first demonstration mission from Vostochny spaceport and going to fly with two more demo-missions in 2020.
Interview with Momentus VP Negar Feher – updates, news, and plans of the spacecraft bus operator
Andrey Maksimov: Here we are. Hi, Negar. It’s February 2020 now. Last time we were here more than 8 months ago, so it seems like a lot of things have changed. You had a technical mission last year, fundraised a crazy amount of money, grew your team and made some progress on your main product, which is Vigoride.
We would love to have an update from you into delivering orbital customers. We do it as part of our #knowyouroptions campaign where we basically are building software that helps people understand their launch options, and how to figure out a space mission. So, we’d really love to know what’s new in your shop here and what’s going on.
Andrey Maksimov: We are continuing our conversations with great companies about big products in the industry. That’s another take from the Logan, Utah SmallSat show 2019. With me today is Doug Liddle from the In-Space Missions company based in the United Kingdom. We’re gonna talk about an alternative way to test your payloads in orbit and hopefully do it on a very good time scale and within the budget. So, Doug, could you tell us a little bit about yourself, where you come from, and then we can discuss the business.
In early September Precious Payload participated in Indian Technology Congress 2019. It was held in NIMHANS Convention Centre in Bangalore. Bangalore is the capital of the Indian state of Karnataka, the center of the national high-tech industry. The congress focused on human digitalization and future intelligence and with a special theme on “The New Space Horizon: An Emerging Ecosystem for Student Built Satellites”.
Dozens of nanosatellites student teams took part in the event due to the 75 Student Satellites initiative of Indian Technology Congress Association (ITCA). ITCA has initiated an ambitious national student space project in collaboration with Indian and International tech-space organizations. The 75 Student Satellites Mission 2022 is designed to build and launch 75 spacecraft next 3 years to attract future scientists and engineers to the space sector.
Andrey Maksimov, CEO and co-founder of Precious Payload, appeared as a speaker at the event. He was talking about our online mission management service for young space teams. Here’s a video record of Precious Payload’s presentation:
Andrey Maksimov: Today with us is Robert Bedington, CTO and co-founder of SpeQtral, a company based in Singapore, formerly known as S15 Space Systems. We continue our #knowyouroptions conversation with entrepreneurs working on amazing products. And today we’re at the Small Satellite Conference in Logan, Utah.
SmallSat Conference in Utah is the best space event to align yourself with the industry, present the results for the year, or get new partners. The Precious Payload team shared a booth with our partners from Orbital Transports, met with customers, networked like there’s no tomorrow, and ran a side meeting.
We believe that the side meeting’s format is great for sharing what we’ve achieved during the last year, and gathering feedback and discussing new ideas with our colleagues. But one thing for sure, it was really hard to compete with all the other great side meetings and poster sessions that were happening all at the same time. That’s one of the reasons why we’ve decided to share the video of our side meeting with everyone who could not attend it for whatever reason:
In early June our partners, California-based startup Momentus, invited Precious Payload team to their factory. Momentus is a developing in-space shuttle service, using safe water-plasma propulsion technology, for taking satellites from where the rockets drop them off to a custom orbit. Negar Feher, VP of Product and Business Development of Momentus, has taken us on a tour, has introduced the team, and has given us a big #knowyouroptions interview.