{"id":51602,"date":"2024-03-19T23:22:19","date_gmt":"2024-03-19T15:22:19","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/startups-vie-for-big-win-in-startup-space-pitch-contest-2\/"},"modified":"2024-03-19T23:22:19","modified_gmt":"2024-03-19T15:22:19","slug":"startups-vie-for-big-win-in-startup-space-pitch-contest-2","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/startups-vie-for-big-win-in-startup-space-pitch-contest-2\/","title":{"rendered":"Startups Vie for Big Win in Startup Space Pitch Contest"},"content":{"rendered":"<p>Ten space tech entrepreneurs presented their business plans and ideas in a competition that pitted startups against startups, all hoping to a win what could be a multi-million-dollar payoff from an investor to develop their business. <\/p>\n<p>Six industry judges grilled presenters after they discussed their plans during the competition, on March 19 at the Unveiled Theater in the middle of the exhibitor floor. The competition featured two, one hour-long sessions featuring presentations from five startups each. <\/p>\n<p>\t\t\t\t<img loading=\"lazy\" width=\"300\" height=\"225\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2024\/03\/HyTlSC6RymgxKPmFwPor_VS_ShowDaily20202420Day20320DGTL_-300x225.jpg\" class=\"attachment-medium size-medium\" alt=\"\" style=\"width: 120px; height: auto;\" decoding=\"async\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2024\/03\/HyTlSC6RymgxKPmFwPor_VS_ShowDaily20202420Day20320DGTL_-300x225.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2024\/03\/HyTlSC6RymgxKPmFwPor_VS_ShowDaily20202420Day20320DGTL_-800x599.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2024\/03\/HyTlSC6RymgxKPmFwPor_VS_ShowDaily20202420Day20320DGTL_-640x480.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2024\/03\/HyTlSC6RymgxKPmFwPor_VS_ShowDaily20202420Day20320DGTL_.jpg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\">\t\t\t<\/p>\n<h3 class=\"fs-5 mt-0\">Explore the Show Daily 2024 Day 3 Issue<\/h3>\n<p class=\"mb-0 fs-smaller text-balance\">Check out more from this issue and find your next story to read.<\/p>\n<p>\t\t\t<button class=\"btn btn-primary\" type=\"button\" data-bs-toggle=\"offcanvas\" data-bs-target=\"#offcanvasMENU\" aria-controls=\"offcanvasExample\" aria-label=\"button\" style=\"white-space: nowrap;\"><br \/>\n\t\t\t\tView More <i class=\"bi bi-arrow-right-circle\"><\/i><br \/>\n\t\t\t<\/button><\/p>\n<p>First up in the first session was Matteo Cuccorese, CEO of SPAICE, presenting ideas about enabling space logistics at scale using native AI infrastructure. His company is developing autonomous logistics for in-orbit servicing, assembly, and manufacturing \u201cWhat we are building is the first data driven AI-based software to deliver in-orbit servicing to every possible satellite,\u201d Cuccorese said. \u201cWe are delivering this via robotic kit which is made up of sensors and a robotic arm that makes autonomous decisions.\u201d <\/p>\n<p>Competition judge Sherman Williams II, of AIN Ventures, asked him how he trained his algorithm. \u201cWe are getting data which are publicly available data,\u201d Cuccorese said. \u201cWe\u2019re extracting features from those real images, being able to actually enhance the photo-realism of our limited synthetic data.\u201d<\/p>\n<p>David Barnhart, CEO and founder of Arkisys, was next in this session. He said the goal of the company is to develop evolutionary growth in revenue as a satellite goes to orbit and after it gets into space. \u201cEverything that goes to orbit has an expiration date,\u201d Barnhart said. \u201cThe problem is end of mission equals end of life equals end of revenue. We want to fundamentally change that.\u201d <\/p>\n<p><script>var AIAD_fcd45f981d570e35cee941b23edc69c7_6a6b3fb132c35;googletag.cmd.push(function(){var AIMAP_29b58f13885ebf8ea6b032f958eb0748 = googletag.sizeMapping().addSize([992, 100], [[970, 90], [970, 250]]).addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_737ce075cc05dd766c8f8ea08f3faa73 = googletag.sizeMapping().addSize([768, 100], [728, 90]).addSize([320, 100], [320, 50]).build();var AIMAP_21fe3bcfb86a8660aba4e721ee9338f3 = googletag.sizeMapping().addSize([1200, 100], [970, 250]).addSize([768, 100], [600, 300]).addSize([320, 100], [300, 250]).build();AIAD_fcd45f981d570e35cee941b23edc69c7_6a6b3fb132c35 = googletag.defineSlot('\/987\/satellitetoday.com\/via-satellite-digital-issue-ads', [ [600, 300], [300, 250], [970, 250] ], 'div-gpt-ad-1774631144891- 0-6a6b3fb132c36').defineSizeMapping(AIMAP_21fe3bcfb86a8660aba4e721ee9338f3).setCollapseEmptyDiv(true).addService(googletag.pubads());   });<\/script><script>googletag.cmd.push(function() { googletag.display('div-gpt-ad-1774631144891- 0-6a6b3fb132c36'); });<\/script><\/p>\n<p>He explained that the company\u2019s port modules are able to accommodate 60 different payloads at one time through robotics and connectable interfaces, which allows them to grow after they achieve orbit, with the lowest potential risks and costs.<\/p>\n<p>Competition judge Dr. Allison Perez of Lockheed Martin Ventures, asked Barnhart about setting up standard system interfaces. \u201cThere are at least a dozen other companies that are going for that universal USB interface in space,\u201d Barnhart said. \u201cThe cool thing is, we now have a 1G test that we\u2019ve been testing with those first two interfaces that we selected. We selected two because we expect they\u2019re going to compete with each other. But there is no standard yet. We\u2019re agnostic to the standard. We completely get it.\u201d<\/p>\n<p>Naoki Funahashi, head of business development for Pale Blue, presented an idea of a propulsion system based on water. \u201cTraditionally, when you talk about propulsion systems, it\u2019s for larger spacecraft. It\u2019s not optimal for small sub fleets. And it also requires an extra care of handling which means extra costs. Our solution to this is a propulsion system that runs entirely on water. The overall system can be minimized to better fit the small satellite use,\u201d Funahashi said. <\/p>\n<p>Competition judge Michael Mealling of Starbridge Venture Capital, asked him how is he hoping to actually capture business of the large market opportunities in constellations \u201cIt\u2019s availability and cost,\u201d Funahashi said.<\/p>\n<p>Ryan Elliot, CEO of In Orbit Aerospace Inc, took the stage to discuss his plan to deliver cargo anywhere on Earth from space. \u201cOur troops can\u2019t get their supplies fast enough,\u201d Elliot said. \u201cWhen the units are in the field, they can be delayed by hours or they can be canceled on some days later. It\u2019s a problem that\u2019s only going to get worse unless we start solving, in some cases in orbit, this problem.\u201d<\/p>\n<p>His company is developing cargo transport technologies and with new capabilities \u201cso we\u2019re not stuck with what we\u2019ve delivered to space,\u201d Elliot said. <\/p>\n<p>He said that while manufacturing is happening on the ISS now, it needs a way to get back down to Earth. \u201cIt\u2019s a huge problem,\u201d he said. \u201cThe investment community isn\u2019t investing in that. So we\u2019re providing an accessible platform to help.\u201d<\/p>\n<p>Myl\u00e8ne Bosio, vice president, sales and marketing, of Aldoria, presented the company, which focuses on protecting space assets using a series of telescopes for space traffic management. \u201cWe have a defense-oriented applications related to space security. We are talking about threats and threat detection,\u201d Bosio said. \u201cWe are talking about a market of three different types of customer: institutional, military and commercial.\u201d <\/p>\n<p>Competition judge Terence Craig, investment advisor with Toyota Ventures, asked Bosio about what market is more important to her at this stage in development. She said the market is Europe because of its solid commercial strategy for export markets, along with the U.S. <\/p>\n<p>Session 2, featuring five additional startup presenters and a different panel of five industry judges (plus Terence Craig from the first session), was held later on Tuesday. <\/p>\n<p>The winning presenter of all ten from both sessions will be announced at the awards ceremony during the Wednesday lunch. <strong> VS<\/strong><\/p>\n<p>,<\/p>\n<h2 class=\"widget-title\">In This Issue<\/h2>\n<p>\t\t\t\t\t<!-- post id 493:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img loading=\"lazy\" width=\"300\" height=\"230\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/S6FlbGMtTcmw5V4XhsRg_Z6C_3450_cropped-300x230.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/S6FlbGMtTcmw5V4XhsRg_Z6C_3450_cropped-300x230.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/S6FlbGMtTcmw5V4XhsRg_Z6C_3450_cropped-800x614.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/S6FlbGMtTcmw5V4XhsRg_Z6C_3450_cropped-640x491.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/S6FlbGMtTcmw5V4XhsRg_Z6C_3450_cropped.jpg 1280w\" sizes=\"(max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tDelta Exec: Available, Scalable In-Flight Connectivity is No Longer Optional<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3 d-block d-md-none\">\n\t\t\t\t\t\t<!-- post id 496:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img width=\"300\" height=\"225\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/ktw8MtYyTYKFPwTcnLT5_VS_ShowDaily20202420DGTL_2-300x225.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/ktw8MtYyTYKFPwTcnLT5_VS_ShowDaily20202420DGTL_2-300x225.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/ktw8MtYyTYKFPwTcnLT5_VS_ShowDaily20202420DGTL_2-800x599.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/ktw8MtYyTYKFPwTcnLT5_VS_ShowDaily20202420DGTL_2-640x480.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/ktw8MtYyTYKFPwTcnLT5_VS_ShowDaily20202420DGTL_2.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tGerman Startups Work to Advance the Nation\u2019s Space Scene on International Stage<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3\">\n<p>\t\t\t\t\t<!-- post id 494:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img width=\"300\" height=\"199\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/ddx6r1BgTRizO8oorQtR_Z6C_3270-300x199.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/ddx6r1BgTRizO8oorQtR_Z6C_3270-300x199.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/ddx6r1BgTRizO8oorQtR_Z6C_3270-800x532.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/ddx6r1BgTRizO8oorQtR_Z6C_3270-640x426.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/ddx6r1BgTRizO8oorQtR_Z6C_3270.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tLaunch Leaders Address the Need for High Cadence, Reliability, and Listening to Customers<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n<hr class=\"my-3 d-block d-md-none\">\n\t\t\t\t\t\t<!-- post id 492:  \/code\/wp-content\/themes\/ai-beehive\/template-parts\/content\/post-snippet.php --><\/p>\n<figure class=\"overflow-hidden w-100 me-3\">\n<p>\t<img width=\"300\" height=\"199\" src=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/fbihfZrOSFaer74RP1V8_Z6C_3463-300x199.jpg\" class=\"img-responsive wp-post-image\" alt=\"\" style=\"\" decoding=\"async\" loading=\"lazy\" srcset=\"https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/fbihfZrOSFaer74RP1V8_Z6C_3463-300x199.jpg 300w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/fbihfZrOSFaer74RP1V8_Z6C_3463-800x532.jpg 800w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/fbihfZrOSFaer74RP1V8_Z6C_3463-640x426.jpg 640w, https:\/\/www.satellitetoday.com\/wp-content\/uploads\/2017\/01\/fbihfZrOSFaer74RP1V8_Z6C_3463.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\">\t\t\t\t\t<\/figure>\n<h3 class=\"fs-4 w-100 line-clamp-3\">\n<p>\t\t\t\tTop Operators Bring a Laser-Like Focus to New Markets<br \/>\n\t\t<\/h3>\n<p><!-- .post-snippet --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ten space tech entrepreneurs presented their business plans and ideas in a competition that pitted startups against startups, all hoping to a win what could be a multi-million-dollar payoff from an investor to develop their business. Six industry judges grilled presenters after they discussed their plans during the competition, on March 19 at the Unveiled [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":51603,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-51602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/51602"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=51602"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/51602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/51603"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=51602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=51602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=51602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}