German Orbital Systems participated IAC 2018, that took place in Bremen, October 1st– 5th. The event was very productive to us, proving that IAC remains one of the most interesting events for the space startup. We exhibited our products jointly with our traditional partner – ECM Space Technologies
Our participation in IAC resulted in more than 150 new business contacts and over 50 potential leads for future contracts. It is worth noting the diversity of our contacts that represented different regions of the world: Europe, Asian-Pacific region and even Latin America, different types of entities: from space agencies and industry to scientific institutions and academia.
IAC was also successful for strengthening the institutional collaborations, as we had a productive conversation with DLR Space Robotics division on advanced future projects. The dialogue with other space agencies, such as ESA, NASA, Roscosmos, ISRO and JAXA was also very insightful and thought provoking.
Our GROOVE – service for on orbit verification of space hardware and experiments got most questions and public interest as well as our turnkey satellite product, especially our proposal on heavier 6U platforms: seven commercial proposals were requested during IAC mostly regarding technological demonstration missions.
IAC was productive for outlining future collaborations, bringing added value for our company. First, we have signed the letter of intent with HOSTmi UG that expressed interest in integrating German Orbital Systems service as one of the first space service providers serving the demand for Low Earth Orbit Missions. We also agreed on cooperation with Morpheus Space, startup from Dresden, Germany, developing propulsion systems for small satellites which may bring new dimension into our missions.
Along with this strong networking, our team participated technical sessions of Congress, where our CEO, Walter Ballheimer made the presentation about GROOVE as a novel, cost effective on orbit verification possibility for space hardware. Also, during the poster session, our engineer Daria Stepanova spoke about the application of SCRUM methodology for NewSpace startups.
We also increased our media outreach by featuring in Auf.Distanz podcast that will be released at http://aufdistanz.de anytime soon.
Many of our IAC activities are not to be disclosed yet, however the Congress made us sure that our value proposition and pricing are very competitive on the market. We see the increased interest on heavier cubesat platforms, from 6U form-factor suitable for commercial applications. Another point is the importance of smaller clients, searching for reasonable solution for their first space mission: the quantity of such clients’ increases and sometimes the bigger industries are not flexible enough to meet their demand. We also see the increase of interest to German Orbital Systems particularly from venture investment community, searching for the perspective NewSpace startups.
We will give the updates on our outcomes later. Also, please stay tuned for our updates regarding our launch schedule with the nearest launch planned in December from Vostochny cosmodrome.