Академический Документы
Профессиональный Документы
Культура Документы
PAGE 1
Speaker
François Chopard
Founder and CEO
PAGE 2
http://www.website.com
PAGE 3
NEW SPACE is less than ten years old
SPACEX key milestones
18 Launches
1st 2019
successful
falcon
heavy
1st
successful
Landing on 2017
Sea
7 Launches
1st
successful
Landing
2016
3 Launches
2 Launches 2 Launches
1st
1st 1st successful
successful successful Launch to
Launch of Launch of 2015
the ISS
falcon 1 falcon 9
2013
2012
2010
PAGE 4
disclosed funding in aerospace and defense startups
reached $5B in 2019
Trends 40
6,000
Aerospace represents a ~growing 5,534
5,262
4% of the venture capital market 5,211
3,000 2,768 20
2,605
Opportunities
Access to government and military
contracts (leverage & revenue 2,000
opportunity) 10
1,012
Govts supporting sovereign new 1,000
transportation and space capabilities 590 507
653
196 250
0 0
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 YTD
PAGE 5
9 trends in the current Space Industry
Micro-launchers come
The # of Aerospace Accelerated pace of to maturity & ease
01 startups keeps growing 02 investment since 2015 03 access to space for new
players
The advent of
The ground segment as
04 constellations and new 05 06 Additive manufacturing
the next bottleneck
services
PAGE 6
NUMBER of NEW startups has rapidly grown to 1500 per year
Starburst key milestones
2500 startups
COMING SOON (2019-2020) Opening of 2019
Montreal
PAX EXPERIENCE ACCELERATOR office
(SGP) 6000 startups
STARBURST SEOUL OFFICE INNOVATION
1500 startups DEFENSE LAB
Opening of (PARIS)
Munich ABU DHABI
and 2017 ACCELERATOR
Singapore
200 startups offices IAI INNOVATION
CENTER (Tel AVIV)
Opening of
Los
Angeles
office
2016
100 startups
50 startups Launch of
Launch of Paris
Starburst in Accelerator
Paris 2015
2013
2012
PAGE 7
Early stage startups - Series A-B - disclosed funding in aerospace
and defense is also growing
100 startups raise their series a last year, 10 M$ on average
2,734 30
2,800 Funding [USD m] Avg round amount
2,600 [USD m]
2,400 2,272 25
2,200
2,000
1,792 20
1,800 1,683
1,079
1,600
1,375
1,400 15
775
1,200
613 988 Avg. Series B
1,000
10
800 420 Avg. Series A
600 1,193
430
300 908 942 5
400 147 762
149
568 Funding Series B
200 109
81 63 11 283
25 4 35 28 150
0
21 46 35 99
0
Funding Series A
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 YTD
Source: Starburst
PAGE 8
Micro-launchers come to maturity & ease access to
space for new players
New Space / ICT Country 1st flight Details However, two additional trends are
emerging :
Rocketlab was founded in New Zealand There are more than 100+ projects
in 2006 by Peter Beck. The micro-
2017 around the world developing
launcher, Electron, has flown 9 times
(founded 2006)
since 2017 carrying about 40 satellites
launcher systems and a consolidation
to Low Earth Orbit. is foreseen in coming months and
years as the first entrants grab the
market shares
Maiden flight of the Hyperbola rocket
on July 2019 marking the first flight of a Major launch operators of large
2019 Chinese private firm to Low Earth orbit. launcher system now offer
(founded 2016) Other Chinese players include competitive rideshare options:
OneSpace which attempted a flight in
early 2019. o Arianespace introduced in GO-1
mission : the first microsat mission
going directly to GEO
Virgin Orbit developed an aircraft- o SpaceX is now offering rideshare
carried rocket that is undergoing final opportunities at a very competitive
2019 (pending) tests before first orbital flight at the end price
(founded 2017) of 2019. The company, created by the
billionaire Richard Branson, has raised
more than $380M to date.
PAGE 9
the advent of constellations and new services
Players Country Founded # sats (Oct 2019) Details
Spire had built a constellation of over 70 satellites to track maritime and aviation
2012 >70 assets and provide data for weather forecasting. They closed in September 2019
a $40M round (Total of $200M).
OneWeb plans to launch 600 LEO Satellite for global communication services.
2017 6 They successfully launched six satellites and planning to launch a total of 2000
satellites at a 1200km altitude.
Starlink is already planning the world’s largest Low Earth Orbit broadband
2015 60 constellation, filed paperwork in recent weeks for up to 30,000 additional
Starlink satellites (Oct 2019) on top of the 12,000 already approved by the FCC.
PAGE 10
The ground segment as the next bottleneck
With constellations coming to maturity, huge volumes of data are now generated in space from
Daily volume of data generated
hundreds of satellites and need to be transmitted to the ground in a timely and efficient manner.
The existing ground stations are now the bottleneck and several trends are appearing to improve
150 by the sole Copernicus program
(ESA) in 2019
timeliness and lower costs. Tb/day
PAGE 11
Additive manufacturing (1/2)
Reduced number of parts
Opportunities Optimized designed with increased functionality and reduced weight
Cost reduction through reduced production cycle (less parts), reduction of material waste
Example of 3D-
printed space
components such
as nozzle (top left –
Virgin Orbit), thrust
chamber (top right
– Launcher) and
antenna bracket
(left - EOS)
PAGE 12
Additive manufacturing (2/2)
Extreme versatility: astronauts can now custom-make tools and objects they need
Opportunities Simplicity of launch : only the raw material needs to be sent in space
Company founded in 2010 (USA). Raised $73.7M+ to date and received several NASA contracts and
grants to develop their technology
Made In Space focuses on microgravity additive manufacturing to enable the production of objects in
space, according to user needs
2014: First 3D printing of objects in microgravity with resin
The company is currently working on other materials such as polymer and metals and plans to recycle
polyethylene into usable 3D printing filament
Made in Space printing machine model Zero-G testing of the additive Dec 2014: Astronaut aboard the ISS builds
flown on the ISS (resin-based material) manufacturing machine the first wrench in space (resin material)
PAGE 13
Laser communication (direct)
High data rate and long-distance wireless data transmission
Opportunities Global high-speed internet connectivity
Starlink is planning the world’s largest LEO Mynaric was founded in 2009 (Germany) and raised Canada-based Telesat is designing a constellation of
broadband constellation, filed paperwork in recent $15.7M to date. around 300 satellites for global internet connectivity.
weeks for up to 30,000 additional Starlink satellites The company plans to begin offering regional service
on top of the 12,000 already approved. Laser for high-speed internet (10Gbps laser that will include Canada in 2022, with global service
technology) from satellites & airborne platforms following in 2023.
60 satellites were deployed in 2019 in a single
Falcon9 launch
The satellites use laser technology to communicate
among themselves and with the ground
Mynaric develops laser communication to communicate with Starlink : 60 satellites stacked under a Falcon9 fairing (left) before
satellites and aircrafts launch (center) and orbit insertion (right)
PAGE 14
Laser Communication (Data relays)
Inter-satellite data relay network for Earth Observation, Internet of Things and broadband
constellations, launch vehicles and deep space missions.
Opportunities
Data rates at least 10-100x faster than conventional antennas
Audacy (USA, 2015) offers ground-based teleport Skyloom Global (USA, 2017) is developing a data relay Golbriak Space (Estonia, 2018) is developing an unique
stations and space-based relay satellites placed in MEO infrastructure in GEO to relay data from LEO via laser LEO-to-LEO laser communication device compatible
to increase data transfer between satellites (software- communication. The advertised performance would be with cubesats and enabling duplex communications. The
defined radio) and end-users (Laser downlink). The 100Tb/day/sat and the company plans launching 6 technology will be demonstrated in 2019 as part of the
company secured more than $100M commercial payloads in GEO for world coverage. FSScat demonstrator from ESA
commitments.
Golbriak Space’s developed the first full duplex Audacy data relay architecture using 3 platform in Medium Earth Orbit with
optical terminal for cubesats a capacity of 1000 concurrent users, a coverage of 100% and a latency <1s
PAGE 15
Artificial Intelligence developments
In-orbit operations
Autonomous station keeping
Debris collision avoidance maneuver
In-orbit treatment of EO data to maximize the value of data downlinked (e.g. remove cloud and fog from
optical imagery, focus on boats when observing the seas, …).
Examples
o Chinese constellation “Xingshidai” of 192 AI-powered EO satellites announced in 2019 (after successful test in early 2019)
o European FSScat mission scheduled for 2019
Ground control
Optimization of the satellite tasking (e.g. observation requests…) and ground segment optimization (which
satellites to be targeted, network optimization)
PAGE 16
Quantum technologies
Stakes Applications (selection) Players (selection)
25
20
J a p a n (2%, 13, 15.5)
USA
15 G e r m a n y (4%, 27, 12.9) (67%, 386, 16.7)
Singapore
(2%, 16, 10.8)
10 U K (4%, 40, 9.4)
Canada
(2%, 19, 9.7) O t h e r s (6%, 78, 7.3)
5
Israel
(1%, 19, 7.3) F r a n c e (2%, 35, 4.8)
0
0 10 20 30 40 50 60 70 80 90 100 110 360 370 380 390 400
Number of deals
PAGE 18
LA AEROSPACE CAPITAL OF THE WORLD
LOS ANGELES IS BECOMING THE BEST MIX OF HERITAGE & NEW STARTUPS
SEOUL 4 $903B
LOS
ANGELES
VENTURE * More than France
CAPITAL and Germany
combined; roughly
equal to UK
PAGE 19
FOCUS ON AEROSPACE STARTUPS
STARTUPS ARE FLOURISHING IN LOS ANGELES WITH GREAT SUCCESS and IT’s JUST THE BEGINNING
PAGE 20