Agu 12 2018

Kacific Listed by Techcrunch Amongst Most-Funded New Private Satellite Companies Worldwide

Writing in TechCrunch, Jason Rowley explains that the technology that underlies smartphones has tangentially changed the satellite sector: “The advances made in miniaturizing technologies that put a computer in your pocket — cameras, batteries, processors, radio antennas — have also made it easier and cheaper for entrepreneurs to launch matter into space. And investors are taking notice.”
Kacific Listed by Techcrunch Amongst Most-Funded New Private Satellite Companies Worldwide

He noted an exponential increase private equity investment in satellites and identified Kacific as one of the top 7 companies to attract investor interest: “Venture investment into satellite companies has been on a rocket-like trajectory since 2012, following a long fallow period … since  the last “major” satellite boom peaked in 2006”

He sees satellite companies clustered around three different themes: broadband internet delivery, hardware development and satellite-enabled services. and says that, in reality, modern satellite applications are more than the story of cheap electronics. Satellites (and the applications enabled by them) sit at the intersection of a number of cutting-edge technologies: machine-taught computer vision systems, mobile communications, high-bandwidth applications like live-streaming video, better and smaller sensors, rocketry and robotics.

Read the report