Small companies with big ideas touted their ambitious plans at the startup competition held in the exhibit hall of the annual SATELLITE show Tuesday.
Latvian firm TimeTag, spun off by Eventech, makes technology to measure timing with extreme precision already used in ground stations for Satellite Laser Ranging. COO Pavel Razmajev said the technology would be ideal for tracking and avoiding space debris, improving docking and landing accuracy, and could replace atomic clocks for time synchronization in LEO constellations. TimeTag sought a 1-million-euro investment for customer development and U.S. market entry.
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Spanish firm Alen Space wants to “become the Amazon Web Services of space,” declared CEO Guillermo Lamelas. Its planned Sayari constellation of software-defined LEO nanosatellites would allow customers to buy access to satellites and deploy applications without launching their own hardware. “Companies that need space infrastructure will be able to host their applications, manage their virtual constellations and commercialize their services without launching a single satellite.” The company sought $3.5 million to fund an initial wave of 40 satellites targeted for orbit by end of 2022. VS
