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Sorry where is YC's experience with space tech companies? They have invested in a bunch of moonshot companies, but that's all the progress I've seen. Also they
by fakedang 3y ago
Sorry where is YC's experience with space tech companies? They have invested in a bunch of moonshot companies, but that's all the progress I've seen.
Also they won't be considered seriously for American military R&D if they're an Australian team either. They would have to eventually relinquish the company to an American player. And not many militaries outside the US fund R&D, and even if they do, it's often a giant bureaucratic centralized leviathan you have to deal with - it's much easier dealing with the US military in that respect. And YC is kinda sour for startups in the non-US non-tech space.
- alephnerd 3y ago> Sorry where is YC's experience with space tech companies Relativity Space (YC W16) Tesseract (YC S17) Momentous (YC W18) SpaceRyde (YC W19) UTVATE (YC S20) Inversion Space (YC S21) TransAstra Corporation (YC S21) Epsilon3 (YC S21) Turion Space (YC S21) HEO Robotics (YC S21) Albedo (YC W21) Velontra (YC S22) Quindar (YC S22) Wyvern (YC W22) AstroForge (YC W22) This is a non-exhaustive list. > Also they won't be considered seriously for American military R&D I said military R&D depending on their country. Australia has some Aerospace R&D grant programs as well via the SIF and ISII. You realize Australia has a competitive Aerospace and Defense industry right? Modular construction has plenty of Space and Military applications. Depending on OP's background they might be competitive if they have some kind of an MVP or prototype
- fakedang 3y agoI know that they've invested in those companies, but many of them are in the moonshot stage with most investments being way too recent. I wouldn't say YC is an expert investor in the sector. That's what makes it so hard - there isn't a YC for the hard sciences, and especially not for aerospace. I would say the closest to success YC startup in aerospace is Zipline. Being in America matters for them, because afaik, Australia is nowhere as competitive as America or the EU in the space sector. More opportunities = more paths to success. Fun fact, back in the PG days, when we had applied to YC, we were rejected because aerospace was an area where they didn't "have expertise" and where we would have to work heavily with government. Same for another friend and his AI-based visual surveillance startup. Both companies were later acquired by established behemoth players eventually.