The competition entries were from seed, start-up or early-growth firms from the following fields: Entrepreneurial Space, Space-Related, or Space-Scalable. Applicants had to be able to explain why their product or service helps with the economic development of space. After giving their six minute presentation, the spokesperson for each team answered questions from the judges. Space Ground Amalgam provides inflatable satellite reflector components to meet and increase higher industry bandwidth demands, while reducing launch costs and increasing design flexibility. Their technology can also be used for booms and solar arrays.
Private Space Tech Startups Vie for $100,000 Prize
The Space Review: A prize competition fails to launch
A space competition is an inducement prize contest offering a prize to be given to the first competitor who demonstrates a space vehicle, or a space exploration apparatus, which meets a set of pre-established criteria. It spurs pioneering development in private spaceflight. It was modeled after early 20th-century aviation prizes, and aimed to spur development of low-cost spaceflight. The prize was won on October 4, , the 47th anniversary of the Sputnik 1 launch, by the Tier One project designed by Burt Rutan and financed by Microsoft co-founder Paul Allen, using the experimental spaceplane SpaceShipOne. Google Lunar X Prize calls for teams to compete in successfully launching, landing, and operating a rover on the lunar surface. The prize would have been awarded to the first US-based privately funded team to design and build a reusable manned capsule capable of flying 5 astronauts to a Bigelow Aerospace inflatable space module.
Here are the websites here and here with the details. Let me tell you a story to explain why. I had just gotten married a few weeks earlier, and that summer Tiff and I had made the decision to finish up my Masters Degree, and go interview again at SpaceX which was like 25 people then. We had a concept for making an automated machine that could measure your finger and make you a titanium ring in a short period of time possibly while you were shopping for other things. Made it to the semi-finals that year, but in spite of all their encouragement of engineering and non-IT startup business plans, the internet startup teams took first and second place again that year.
As those of you in the entrepreneurial space community may have heard, the NewSpace Business Plan Competition , normally held in conjunction with the NewSpace Conference, will be a separate stand-alone event this year in late October. Not to mention that winners of previous competitions often get invited back to be coaches in future years, which has been in some ways an even more valuable experience than competing in the competition originally. Your email address will not be published.