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6: SmallSpark Space Sytems Future Outlook
Manage episode 321180069 series 3305030
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Today, Andrew is joined by Joseph Ward (CEO & Director of Propulsion Systems at SmallSpark Space Systems) to discuss all things SmallSpark. Joseph speaks on his previous experience, how SmallSpark was founded and the challenges he faced as a young entrepreneur and what the future looks like for SmallSpark.
Visit SmallSpark Space Systems website here:
https://bit.ly/3p7wOtk
About SmallSpark Space Systems:
Via the use of AI (artificial intelligence) and ML (machine learning), SmallSpark Space Systems is developing optimisation software to assist in the design of complex launch systems, including its own low-cost rocket engines. The software is being developed and commercialised as a product in its own right, with the aim of providing multiple revenues streams to support the Company in the development of rockets, which aim to lower the cost of access to low earth orbit for small satellite launches. The Company perceives this to be a huge opportunity for the UK aerospace industry to provide an invaluable service that ensures significant cost savings.
Over the next decade, the demand for agile, low cost, dedicated launches to space for low mass satellites is expected to grow considerably. Historically, satellites were high mass and expensive, servicing potentially hundreds of thousands of clients simultaneously. With the reduction in cost of computing technology, it has made far more economic sense to spread the risk over hundreds of smaller satellites, and it is this trend which SmallSpark is aiming to commercialise with its range of hardware and software products.
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Supporting growth-focused companies and entrepreneurs has never been more important, but it is important to understand the people and ideas behind such investment opportunities.
Join the Deepbridge Capital team each week as they discuss all things Deepbridge, speak with various investment experts within the company and discover more about the founders and CEOs’ running the portfolio companies Deepbridge invests in. Each episode contains an informal conversation to understand how these leaders and teams perform in order to achieve their goals. Investments in early-stage companies are illiquid and high risk – investors could lose all of their capital.
Subscribe to the Deepbridge Discovery Podcast here:
https://bit.ly/3nCrEEW
Visit SmallSpark Space Systems website here:
https://bit.ly/3p7wOtk
About SmallSpark Space Systems:
Via the use of AI (artificial intelligence) and ML (machine learning), SmallSpark Space Systems is developing optimisation software to assist in the design of complex launch systems, including its own low-cost rocket engines. The software is being developed and commercialised as a product in its own right, with the aim of providing multiple revenues streams to support the Company in the development of rockets, which aim to lower the cost of access to low earth orbit for small satellite launches. The Company perceives this to be a huge opportunity for the UK aerospace industry to provide an invaluable service that ensures significant cost savings.
Over the next decade, the demand for agile, low cost, dedicated launches to space for low mass satellites is expected to grow considerably. Historically, satellites were high mass and expensive, servicing potentially hundreds of thousands of clients simultaneously. With the reduction in cost of computing technology, it has made far more economic sense to spread the risk over hundreds of smaller satellites, and it is this trend which SmallSpark is aiming to commercialise with its range of hardware and software products.
- - -
Supporting growth-focused companies and entrepreneurs has never been more important, but it is important to understand the people and ideas behind such investment opportunities.
Join the Deepbridge Capital team each week as they discuss all things Deepbridge, speak with various investment experts within the company and discover more about the founders and CEOs’ running the portfolio companies Deepbridge invests in. Each episode contains an informal conversation to understand how these leaders and teams perform in order to achieve their goals. Investments in early-stage companies are illiquid and high risk – investors could lose all of their capital.
Subscribe to the Deepbridge Discovery Podcast here:
https://bit.ly/3nCrEEW
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