“We warmly recommend attending Startup Weekend - if you have any idea or if you are just wondering if entrepreneurship is for you, this event is the right starting point,” Giulia says. The successful grant application soon enabled SPiN to kick off a feasibility study that led to the prototype of their satellite adapter. Claudia later mentored the startup and helped the team to fundraise by connecting them with grant initiatives offered by the Bremen Economic Development Agency. One key outcome from the event was networking, with the startup soon partnering with the former CEO of HE Space Claudia Kessler. “The competition was as intense as an accelerator but on a smaller scale, and the quality of the mentorship helped us to make accurate decisions - so much so that we ended up winning first prize! “It all started there at Startup Weekend,” she says. Giulia, who cofounded the startup with CEO Ran Qedar and CTO Saish Sridharan, says the young team started the weekend with an idea and finished with a business plan. Startup Weekend is a three-day program where aspiring entrepreneurs can experience startup life and try their hands at building a company - fast. SPiN launched in 2015 after taking part in Startup Weekend Space in Bremen, Germany. “By providing a compact and low-cost solution, SPiN democratizes access to space and empowers satellite manufacturers to spend high-value time and money where it counts: pursuing new ventures,” Giulia says. The solution reduces costs by 50%, production costs by 30%, and integration time by a year. Fortunately, German startup Space Products and Innovation (SPiN) is rethinking the way these vital devices are put together.Īs the name suggests, the startup “spins” in technologies from other fields to leverage existing solutions that have yet to be integrated into the space industry.Ĭofounder and Chief Operations Officer Giulia Federico says the startup’s multi-purpose adapter transforms incompatible off-the-shelf components into plug-and-play for satellite manufacturing and sub-system integration. Manufacturing - for both incumbent and new satellite designers - suffers from inefficient designs and long lead times, while incompatible components further frustrate the process from design outline to planetary orbit. With this growing number, however, come growing problems. Going forward, the number of active satellites is expected to grow by about 1000 every year, meaning there will be about 10,000 in commission by the end of the decade. There are already more than 2000 of these orbiting objects that power many of the applications we now take for granted, like GPS navigation and IoT connectivity to the global internet. Satellites are the unsung hero of our technological infrastructure. The startup won Techstars Startup Weekend Bremen in 2015, and this year took part in the inaugural class of the Techstars Allied Space Accelerator. Founded by Ran Qedar, Giulia Federico, and Saish Sridharan, Space Products and Innovation simplifies space manufacturing with a universal plug and play adaptor.
SPIN SPACIE SOFTWARE
Inefficient designs, long lead times, and incompatible components plague satellite manufacturers, often because designers wish to mix and match technologies, but incompatible hardware or long software integration make this difficult. SPiN founders Saish Sridharan, Ran Qedar, and Giulia Federico SPiN | Techstars Allied Space Accelerator 2020
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