Amazon Web Services announced May 24 it has picked 10 startups to join its second annual space accelerator program, which helps early-stage companies learn how to grow their businesses with cloud and analytic technologies.Read More
Amazon Web Services announced May 24 it has picked 10 startups to join its second annual space accelerator program, which helps early-stage companies learn how to grow their businesses with cloud and analytic technologies.
A market ecosystem that incentivizes the rapid development and fielding of advanced Space Traffic Management (STM) technologies will be a key enabler to the sustainable growth of the space economy. As defined by the International Academy of Astronautics , STM protects future sector growth by encouraging the development and application of technology to preserve access to space and assets already in orbit.
The space traffic management can be identified as methodologies, systems, and rules to perform operations in outer space with utmost safety, security, and sustainability. Since the inception of space era in 1958, approximately 6,000 launched have been made placing nearly 12,000 satellites in orbit. Among those 12,000 satellites, 4852 satellites are active as of 2022. The rest serve as space debris and continue to serve in orbit around earth. More than 20,000 satellites are accounted to be launched from 2021 to 2030, making space a highly congested area. Apart from the dead satellites, rise in number of small and micro-level particles serving as space debris is also threating space operations. More than 1 million space debris between 1cm and 10cm are identified orbiting around earth, and the count is constantly increasing. Increasing congestion in space due to rising number of operational satellites and launch forecast, threat of collision course, overlapping orbits, and debris collision has generated demand for effective space traffic management systems. Read more: https://www.digitaljournal.com/pr/space-traffic-management-market-projected-to-reach-22-4-billion-by-2030-growing-at-a-cagr-of-7-1-from-2021-to-2030#ixzz7SRLo768B
More and more satellites and space debris are in orbit, increasing the potential for collisions and challenges for the growing space industries.
The round was led by Initialized Capital and Root VC.
Starting on the Ground as a “Team of Three. Kayhan Space is a Techstars portfolio company with expertise in satellite collision assessment and avoidance, satellite navigation and tracking, and satellite operations. Our company’s journey with Techstars ultimately started as a “team of three,” which included Co-Founders Araz Feyzi and Siamak Hesar alongside Derek Strobel, Software Architect at Kayhan...