Explore 10 New Space Technology Solutions

Gain data-driven insights on spacetech, an industry consisting of 37.5K+ organizations worldwide. We have selected 10 standout innovators from 4.5K+ new space technology companies, advancing the industry with modular satellites, space traffic management, space mission management, and more.

This article analyzes 10 new space technology companies and their innovative solutions. These space technology solutions include smart energy, water management, and advanced waste management in space operations. They employ technologies like satellite-based solar power systems and efficient water recycling mechanisms. With this, they contribute to the development of critical infrastructure for human habitation beyond Earth and lay the groundwork for sustainable space exploration and colonization.

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Key Takeaways

Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the space technology industry. This sector is marked by key trends and a substantial workforce, shaping its future. This report was last revised 5 days ago. See a missing piece? Your input can help — contact us. Here are some key insights at a glance:

  • Current Space Technology Trends: Some of the major trends impacting the space technology industry are small satellites, space traffic management, space activity management, space missions, and space mining.
  • Space Technology Industry Statistics: The global space technology industry encompasses 37.5K+ organizations and has a 3.9 million workforce. It is experiencing an annual growth rate of 0.46% and has seen the emergence of 4.5K+ new space technology companies in the past five years. The average number of employees in these companies is 23.
  • 10 New Space Technology Solutions to Watch:
      1. N Space Tech – Modular and Small Satellites
      2. Rapid Cubes – 16U CubeSats
      3. Extraterrestrial Power – In-Situ Resource Utilization
      4. Astros Solution – Space Situational Awareness
      5. Space Interactions – Space Traffic Management
      6. ExLabs – Space Resource Acquisition & Utilization
      7. HEX20 Global – Space Safety & Sustainability
      8. Nanosatellite Missions Design – Space Mission Management
      9. Bramhandco – Lunar Mining & Exploration
      10. The Exploration Company – Orbital Vehicle Manufacturing

Discover 10 out of 4.5K+ Emerging Space Technology Solutions

In this section, we highlight 10 space technology industry companies that are offering innovative solutions. These companies address smart energy, water management, and advanced waste management. They deploy technologies like satellite-based power systems and efficient recycling mechanisms to ensure resource sustainability for long-term space missions.

Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.

1. N Space Tech

  • Founding Year: 2019
  • Employee Range: 2-10
  • Location: India
  • Signal Strength: Strong
  • What they do: N Space Tech focuses mainly on space research and space technology. It builds affordable small satellites, ground stations, and software. N Space Tech provides the design, manufacturing, and launch of small satellites to educational institutions like schools and colleges. N Space Tech is also working towards new projects ground station, RF modules service, and satellite testing.

2. Rapid Cubes

  • Founding Year: 2021
  • Employee Range: 2-10
  • Location: Germany
  • Signal Strength: Medium
  • What they do: Rapid Cubes provides spacetech solutions like the RapidCube-20 CubeSat Bus Platform. This platform offers a failure-tolerant architecture, with a CubeSat class of 20 kg and dimensions of 22 x 22 x 44 cm. It provides payload volume ranging from 5U to 11U and supports payloads weighing 5-10 kg. Facilitate telemetry and telecommand through 2.0/2.2 GHz (S-band, FDD) communication, while extending data link capabilities to 8 GHz (X-band) with speeds of up to 100 Mbps. Positioned in a sun-synchronous orbit (SSO) at an altitude of 400-500 km, the platform serves research institutions and companies seeking in-orbit verification and flight heritage for their technologies.

3. Extraterrestrial Power

  • Founding Year: 2019
  • Employee Range: 2-10
  • Location: Australia
  • Signal Strength: Strong
  • What they do: Extraterrestrial Power focuses on delivering power solutions for space exploration. Its platform offers mass-manufacturable, radiation-tolerant silicon solar cells for space satellites and lunar missions. Engineering services include spacecraft electrical subsystem design and solar array optimization. It plans to generate electricity on the Moon using locally sourced materials after assisting space and lunar missions with advanced silicon solar cells.

4. Astros Solution

  • Founding Year: 2019
  • Employee Range: 2-10
  • Location: Slovakia
  • Signal Strength: Medium
  • What they do: Astros Solutions specializes in space situational awareness (SSA) and space traffic management (STM), utilizing ground-based data acquisition systems for satellites, space debris, and near-earth asteroids. Its platform, Astros–1A validates re-entry models using optical observations from the AMOSReentry project. The sensor network comprises operational, validation, and commissioning nodes and enhances space safety and sustainability. Astros Solutions collaborates with partners to develop advanced technologies for space safety. It provides critical data and solutions for managing space traffic and ensuring long-term space-faring sustainability.

5. Space Interactions

  • Founding Year: 2021
  • Employee Range: 2-10
  • Location: USA
  • Signal Strength: Strong
  • What they do: Space Interactions employs advanced AI and digital twin technology for space traffic management. The platform, SI Forerunner, provides real-time visualization of satellites and debris in Earth’s orbit. Users interact, track, and view digital replicas for education and experimentation. Space Interactions also offer insights into collision avoidance. Satellite operators and space agencies benefit from enhanced situational awareness.

6. ExLabs

  • Founding Year: 2022
  • Employee Range: 2-10
  • Location: USA
  • Signal Strength: Very Strong
  • What they do: ExLabs specializes in redirecting near-earth asteroids (NEAs) into stable orbits to unlock space resources. The company facilitates rendezvous, docking, and transportation of asteroids through its propulsion systems. Its flagship product, the NEA Redirector, offers precise control and maneuverability for asteroid capture and redirection. This technology enables resource extraction and utilization.

7. HEX20 Global

  • Founding Year: 2020
  • Employee Range: 2-10
  • Location: Australia
  • Signal Strength: Very Strong
  • What they do: HEX20 Global specializes in spacecraft design and satellite mission solutions, offering a diverse range of platforms including its series of CubeSat Buses. The HEX20 3U CubeSat Bus is used for technical demonstrations and Earth observation missions, while the 6U, 12U, and 27U platforms cater to larger mission requirements. Users benefit from scalable buses for small satellite missions, supporting defense, commercial, and academic sectors. Key subsystems include UHF/VHF transceivers, electrical power supply (EPS), command & data handling (CDH), solar panels, battery packs, and attitude determination and control systems (ADCS). The company’s services encompass spacecraft design, integration, testing, and mission operations.

8. Nanosatellite Missions Design

  • Founding Year: 2019
  • Employee Range: 2-10
  • Location: Cameroon
  • Signal Strength: Very Strong
  • What they do: Nanosatellite Missions Design (NMD) develops intelligent space missions and integrates technology for decision-making and object detection. It advances onboard autonomy through the use of AI/ML, robotics, and satellite data. The company specializes in space mission design, satellite imagery, and real-time data analysis and caters to industries such as agriculture, defense, and finance. NMD offers certificates in space mission design, orbital mechanics, and concurrent engineering. Moreover, NMD offers customized training programs tailored to meet the specific needs of different industries.

9. Bramhaandco

  • Founding Year: 2023
  • Employee Range: 2-10
  • Location: India
  • Signal Strength: Medium Strong
  • What they do: Bramhaandco designs and manufactures robotic systems and exploration platforms engineered for lunar missions. With robotics and sensor technologies, Bramhaandco’s platforms navigate challenging lunar terrain, collect valuable data, and execute maneuvers with accuracy. The company develops integrated communication and control systems to ensure seamless operation and real-time data transmission between Earth-based control centers and lunar spacecraft.

10. The Exploration Company

  • Founding Year: 2021
  • Employee Range: 50-200
  • Location: Germany
  • Signal Strength: Very Strong
  • What they do: The Exploration Company specializes in space exploration, centered around its modular and reusable orbital vehicle, Nyx. Nyx facilitates various missions, including resupplying space stations and lunar landings, catering to both space and non-space companies. Emphasizing onboard autonomy and open interfaces, Nyx offers solutions for space exploration challenges. The company’s platform enables access to Nyx’s technical components for the development of new applications by other companies.

Quick Tip to Find New Space Technology Solutions

Utilizing a SaaS platform like the Discovery Platform for identifying new space technology solutions provides significant benefits compared to traditional scouting methods:

  • Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying space technology innovations.
  • Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the space technology industry. The platform keeps you informed with near real-time updates on emerging space technology solutions and news, enabling you to make swift and informed decisions.
  • Tailored Exploration: Customize your search to focus on specific niches within the space technology sector, such as small satellites, space traffic management, or space mining. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.

Ready to Explore All New Space Technology Solutions?

We’ve explored the dynamic landscape of the space technology industry, examining the latest trends and spotlighting exceptional companies driving innovation. To dive deeper, download our free SpaceTech Report or schedule a demo of the Discovery Platform for a customized exploration of these new developments. Have expertise in startups or technology? Your input can enrich our content — consider collaborating with us!

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