On this week's episode of the DIB Innovators podcast, David speaks with William Kowalski, Co-founder & COO at Atomos Space, to explore the intricacies of launching a startup in the space industry. William shares his insights on navigating the challenges of raising capital, highlighting the importance of storytelling when pitching to investors.
He also discusses the critical role of team dynamics in fostering innovation and maintaining morale in a fast-paced environment. Additionally, William offers his perspective on the significance of effective communication during complex space missions, providing valuable lessons for entrepreneurs looking to thrive in this competitive field.
Topics discussed:
Guest Quotes:
“I'll say three critical technologies that we are doing to realize that. The first is rendezvous, proximity operations, and capture. The next part of that is power systems. So we need to be operating at a very high power level. And then the last is propulsion systems. And kind of bringing all three of those together into a high-powered spacecraft is how we're able to zip around and move other satellites that aren't really designed to move a lot in space.”
“It became a financially driven reason that we started to pivot to geo, because for them, if we could charge depending on the mission, let's say $7 to $20 million to extend the life of that asset one to five years, that is a no brainer from them, from a financial perspective, especially if it's $50 to $75 million a year revenue that asset’s generating.”
“You have to go through a lot of process of making sure you're not interfering with all the legacy people, because you don't want two bands to interfere with each other. It can take quite an effort to convince all the regulatory agencies involved that, no, we're not going to interfere with anybody, we're going to be okay in this communication. And we could turn the radio off when we get to this point and turn it back on. We get to this point.”
“Our biggest learning from mission one was vendor management and vetting. As I mentioned, the two issues we had on mission one were with components. And I think, because everybody was moving really, really fast and everybody is doing twelve different things at once. We didn't have a rigorous process in validating what testing vendors had done.”
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