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Techstars Space Startup Digest

Issue #76  •  September 26  •  View online  •  Suggest a link
Bringing you out of this world content focused on startups bridging the gap between humanity and the next great frontier: Space.
Space Startup Spotlight
A German rocket startup seeks to disrupt the European launch industry
“For our customers, it’s a pain to go to Russia, the United States, or India.”
QuadSAT pivots to offering ready-to-fly testing kits with fresh investment
QuadSAT raised 2 million euros ($2.35 million) it says will help fuel its pivot from service provider to a seller of drones and software that satellite antenna makers and their customers can use as a cost-effective testing and calibration solution. QuadSat has closed a 2-million-euro ($2.35 million) Pre-Series A investment round. The company plans to use the new investment to expand its team as it prepares to launch its product offering.
Stellar Perspective
Building a robust space economy requires more partnerships
While public-private partnerships are getting a lot of attention, the space industry has not traditionally leveraged non-supply chain partnerships as frequently or as fluidly as some industries.
2020: A Turning Point for Chinese Commercial Space

Private space companies want in on planetary exploration
Companies are also hoping to launch missions to far-off destinations like Venus and Mars.
Space Startup Deals
Space Company in UP Scores Satellite Thruster Contract
A space-related company in Houghton in the Upper Peninsula has been selected to supply thrusters for satellites that are slated to begin launching in 2021.
Chinese company sets out first steps towards extracting space resources

Gilmour Space Technologies Secures Space Machines Company as Launch Customer

Astronomical Fundraisings
Chinese Space Tech Company LandSpace Raises $172 Million in C+ Round of Financing
A Beijing-based private space launch company, LandSpace, announced on Sept. 9 that it completed its C+ round of financing worth nearly 1.2 billion yuan.
Cleantech startup GHGSat raises $39.5 million CAD in Series B financing
This financing brings the company’s total funding to date to $72.4 million CAD.
Techstars Startup Digest Space is curated by:
Julian Miller Julian Miller - @gvillesjules
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