Revolutionizing Astronomy: Two Innovative Space Startups Join Forces to Develop Next-Gen Telescopes
In a groundbreaking development for the space technology sector, OurSky and PlaneWave Instruments are merging to form a new entity known as Observable Space. This innovative software platform aims to revolutionize the way space observational data is analyzed and utilized.
The Journey to Observable Space
On a clear spring evening in Michigan, Nick Kim, a partner at Upfront Ventures, experienced an unexpected delay during a demonstration of PlaneWave Instruments’ telescopes. Despite leading a $9.5 million seed round for OurSky, a company focused on software solutions for space data, he found himself waiting for hours as the telescope team struggled with off-the-shelf software.
Instead of frustration, Kim felt anticipation. “This is why OurSky needed to exist,” he noted, recognizing the synergy between the two companies. This realization paved the way for the merger, which promises to enhance telescope usability and accessibility.
A New Era in Telescope Technology
Benefits of the Merger
- Easier Integration: OurSky and PlaneWave aim to simplify the use of telescopes by integrating all components, including those not manufactured by them.
- Market Expansion: The merger opens up new markets by leveraging their unique position as the only U.S.-based telescope manufacturer.
- Strong Customer Base: Observable Space already has notable clients, including NASA and the U.S. Space Force.
According to Richard Hedrick, PlaneWave’s founder, the goal is to create a seamless experience for telescope users, eliminating the “mash of integration” that currently hampers efficiency.
Opportunities for Growth
Observable Space aims to provide users with enhanced capabilities, such as:
- Utilizing multiple telescopes at various locations to simulate a larger observatory.
- Improving communication with spacecraft via laser technology.
- Reducing costs while enhancing the quality of observations.
Positioning in the New Space Economy
As the cost of launching payloads into orbit decreases, the demand for reliable tracking and communication technologies is on the rise. Dan Roelker, founder of OurSky, emphasizes the potential for Observable Space to play a crucial role in this evolving market. Mislav Tolusic, managing partner at Marlinspike, a dual-use venture fund, shares this sentiment, stating, “Every day you’re relying on space for critical infrastructure.”
Real-World Applications and Success Stories
Jordan Noone, general partner at Embedded Ventures, recently witnessed the successful collaboration between OurSky and PlaneWave during a demonstration at Mount Wilson Observatory. The teams swiftly located a spacecraft that had lost radio contact, showcasing the efficiency and effectiveness of their combined technologies.
Operational Details and Future Plans
Observable Space is positioned for growth, employing around 100 individuals with operations based in Michigan and engineering teams in California and Washington, D.C. The newly formed company has already secured $11 million in funding, including investments from In-Q-Tel, the CIA’s strategic investment arm.
Hedrick and Roelker have found the merger process beneficial, allowing them to address challenges and align their operations effectively. When jokingly asked about their company’s theme, they playfully debated between “Star Wars” and “Star Trek,” ultimately landing on “Battlestar Galactica.” This light-hearted exchange reflects their collaborative spirit as they embark on this exciting journey.
For more insights into space technology innovations, visit NASA or explore the latest trends in TechCrunch.
