“On the surface, our business seems simple, but before you can even create a platform like this you need to overcome problems like the complexity of the space sector itself. For instance, the industry right now is still very focused on government goals. It’s still turned inwards and ‘closed’. Space commercialisation hasn’t taken off much, yet. We want to change the way of doing business in the space industry, and grow beyond the traditional face-to-face approach to deal-making, by letting suppliers and customers find each other easily.”
What is satsearch up to right now?
Our website is growing rapidly in both supply and demand. The thing with a marketplace is that you have to reach critical mass on both sides. Now, we have clients in more than a dozen countries. We put a lot of effort in execution to grow as fast as possible. We’re preparing to expand to new markets globally, including the US market, which remains the largest for governmental and commercial space programs.
Can you describe your journey in the ESA BIC program?
When we started in the middle of 2018, we felt the emphasis of the program was on technology transfer. So as a ‘meta company’, a space marketplace, we felt a bit out of place. Soon it became clear what we could get out of the program.