NewSpaceVision – Fresh out the box: Updates about NewSpace in Europe #1

Dear NewSpaceVisionaries,

a lot is going on in the NewSpace sector nowadays and there are many opportunities in front of us. That is why we are planning to publish this content fortnightly in which we highlight a few NewSpace topics with a focus on the European Sector. This time we are going to focus on funding.
Feel free to share this new product! 🚀

NewSpace in Europe

Funding
Rocket launches are getting cheaper and cheaper. Orbex, a European space launch company based in UK, developed an innovative fuel tank architecture. The new technology could reduce the dry mass by 30% compared to traditional technologies. In July 2017 Orbex won the Horizon 2020 SME Instrument award.

Orbital Access brings objects into space in a different way. They will use a fully re-usable horizontal take-off launch system with maximum payloads of 500kg. They recently got a 200.000€ contract with ESA as part of its Two-Stage-To-Orbit (TSTO) technology program. Furthermore Orbital Access announced that they will open a headquarter in Malta in a few weeks. From a geographically perspective a wise decision.

ThrustMe is developing an electric propulsion that is more efficient than still existing ones. They claim to be able to double the thrust of a regular miniaturized electric propulsion system at only 40 percent the size. ThrustMe raised 1.7million€ from Kima Ventures and a collection of U.S. and European angel investors.

Current and NewSpace Business Fields
Source: BMWI

Around the Globe

A good message from Africa, especially considering a space topic. It makes me smile when I read that Ghanasat-1 was released from the ISS at the 7th July 2017. „It has opened the door for us to do a lot of activities from space,“ the product coordinator Dr Richard Damoah said. Hopefully there is still a lot to come.

Read the full article

weiterlesen

NSV#9: Space industry insights and advisory from David Ward, Sonaca Space.

Dear NewSpaceVisionaries,

NSV#9: „From Lookheed Martin to Sonaca Space“ was a deep space industry event. David Ward shared his experience he gained through working for a lot of space companies all around the globe. He was involved into more than 20 different projects that launched into space and worked at the spaceports Baikonur, Cape Canaveral, Guiana, and Vandenberg Airforce Base. With this article we want to share a few of David’s funny stories and helpful advisory for working in the space industry.

Read the full article

weiterlesen

NewSpaceVision #9 – Sonaca Space [Active Space Technologies GmbH]

When: 20.06.2017, 18:30 
Where: Institute of Aeronautics and Astronautics at TU Berlin, Marchstraße 12-14, 10587 Berlin 

Dear NewSpaceVisionaries,

On the 20th of June we will welcome David Ward from Sonaca Space!

Sonaca Space (previously Active Space Technologies GmbH) is a Berlin based space company with competences in thermal and mechanical engineering, AIT (Assembly, Integration and Tests) and qualification of space systems. Prior to working for this very company David Ward worked for space giants like Lockheed Martin and the Orbital Science Corporation. With his work experiences in various positions within the space sector he will talk about Program Management, AI&T, Mission Assurance, Launch Operations, and Procurement and Supply Chain along with some stories of what he has encountered over the years. He will also talk about the main differences between big companies and SME in the space industry.

You can support us by buying a ticket on Eventbrite or donating on PayPal.

If you want to help us with your time, we will be super happy to hear from you!   🙂

We would like to invite you to read articles about events, the NewSpace sector and more. Just check out our different sections on www.newspace.vision to get all of our content. We will release our first podcast with Interstellar Ventures soon. We are also working on bigger projects, but to bring these to life we need your help! Contact us to become a team member of NewSpaceVision.

 

See you at the event!

Regards,

Sven & Daniel




The NewSpace Sector in Germany / Status of the German New Space Economy

An article by Sven Przywarra

The global space sector is going through profound changes. Ventures with innovative concepts are entering the market, backed by venture capital and often with a focus on the generation of data or vertical integration. A popular term for this development is NewSpace which was accelerated among other things by progress in miniaturisation, standardisation and activities from well-known billionaires and NASA.

What is the status of the German NewSpace Sector?

Where are companies which follow such an approach? The short answer is: The German NewSpace Sector is small and still in its infancy. You can count the few companies which are “NewSpace PurePlayers” on the fingers of one hand with “Components & Hardware” and “Earth Observation” as the two biggest groups. Within the first category protagonists are still following mostly relatively conservative business models but are more and more offering their products and services “off-the shelf” and to a fixed price, Berlin Space Technologies is a notable exception and an interesting example. OHB and Airbus are still trying to figure out how to incorporate the start-up idea into their companies. Within “Earth Observation” most of the companies analyse public satellite image libraries. Interestingly one of the most important acquisitions of the US American company Planet was a German-based company founded as RapidEye which now is the German branch of the NewSpace giant. (Thus, we see them as a part of the German NewSpace Ecosystem.)

Other smaller groups within the sector are “Navigation & Communication” which faces big international competition (e.g. OneWeb) and “Science & Ex-Orbit” with PTScientists as an endeavour backed by sponsors.

NewSpace Germany / New Space Germany

What is the reason for this situation?

Germany, with its excellent network of Universities and research institutes, has a perfect base for successful high-tech companies in this field but a lack in culture of starting up and difficulties in finding funding for such ambitious and risky business hinder the development of a strong sector.

There are signs and efforts for a change of the status quo. Numerous VC firms expressed their interest in investing in NewSpace companies, some of them made deals abroad. OHB as well as Airbus founded their own venture arms but notably investments in German Space StartUps are not known to us. It seems like the institutional site also wants to stimulate movements in this sector: StartUp Nights at the Federal Ministry for Economic Effairs and Energy and competitions for early stage projects on a national (InnoSpaceMasters) and European level (Copernicus Masters / Gallileo Masters) show small successes.

From our understanding at NewSpaceVision the lack in culture must be tackled at an even earlier stage: People must be educated about the grown opportunities and applications of space technology in the upstream (hardware) and downstream (software) market and individuals from different industries and backgrounds need to be connected and brought together over this topic to catalyse a free discussion and finally develop new use cases and businesses. With our events and the conference, we are trying to pursue that goal.

Actions need to be taken now to avoid the space market (after the internet) to be dominated by American companies only. For the benefit of a well flourishing market the last frontier should also be tackled by more NewSpaceVisionaries from Europe and Germany.

Disclaimer:

[This article was prepared and written by me in my personal capacity. The opinions expressed in this article are my own. I would be happy to receive your feedback! Feel free to contact me via direct message or via e-mail.]