4 ms·
Being in the midst of all of this, I can vouch for the palpable excitement within the industry: at least if you stay away from talking to traditional prime cont
by kartikkumar 11y ago
Being in the midst of all of this, I can vouch for the palpable excitement within the industry: at least if you stay away from talking to traditional prime contractors. There's a real sense that disruption is right around the corner. The biggest problem is that there have been no significant exits to prove investors right. This makes it difficult to raise capital.
Also, traditionally, external capital has sought out downstream opportunities. We've been focussing on upstream tech and it's much harder to prove the case given the long time horizon.
I've seen some incredible applications being pitched, but I think the real test will be whether they are able to generate significant exits. I, for one, hope that the next five years spells a period of immense productivity in the sector, generating profitability all along the value chain. If we're able to ride that wave, I think that there are many more applications that will pop up that make use of space infrastructure.
- lsseckman 11y agoWhat areas are these applications in? Mining keeps getting tossed around but nobody's put out a clear roadmap / business model for it
- kartikkumar 11y agoA lot of applications are much closer to home. For instance, I've seen a few teams pitch the idea of building a robust, small-satellite network to serve as a platform for Machine-2-Machine messaging. I think enabling the global IoT industry is really going to unleash some spectacular applications. Internet everywhere is of course a popular idea that's being worked on. I particularly like the low-data rate, low monthly charge model that I've seen pitched. Seen teams pitch internet anywhere for as low as a couple of bucks a month.