Recently obtained NanoAvionics plots major smallsat growth – SpaceNews
TAMPA, Fla. — NanoAvionics expects to be in a position to churn out various hundred satellites per year in two yrs adhering to a multimillion-greenback investment decision program from its new Norwegian house owners.
The Lithuanian business also reported Oct. 25 it has modified its identify to Kongsberg NanoAvionics immediately after finishing the sale of a bulk stake to Kongsberg Defence & Aerospace last month, despite the fact that it will proceed to trade as NanoAvionics.
Kongsberg Defence & Aerospace provides spacecraft subsystems and other solutions generally for army clients. It is aspect of Norwegian know-how large Kongsberg, which pulled in about $2.6 billion in revenues in 2021.
NanoAvionics CEO Vytenis Buzas said Konsberg’s sizable sources will assist extend the firm into the protection current market, and transform it into a world-wide “prime provider for smaller satellite constellations.”
The corporations declined to disclose particular details about this growth approach.
Buzas instructed SpaceNews it consists of the addition of about 2,000 sq. meters of flooring room at its facility in Vilnius, Lithuania’s cash, where by the company was started as a college spin-off in 2014.
Growing creation facilities and staff members will aid “grow our mass producing abilities to an annual output of numerous hundred equivalent satellites a year,” he reported.
NanoAvionics also ideas to insert manufacturing capability at its U.S. facility in Columbia, Illinois.
The company and mission integrator at present employs about 200 individuals.
Protection growth
Buzas said NanoAvionics is ramping up study and improvement actions beneath its expenditure approach to make its modular satellite architecture additional safe and reputable, which would assist seize a larger share of the protection sector.
“I can not reveal any figures but curiosity in smallsat technological innovation from the protection sector has been increasing, and I visualize our involvement in defense missions is heading for exponential expansion,” he explained.
“To do that we need to establish satellite busses with defense-grade trustworthiness and with capabilities that match mission desires, which to some increase we presently have.”
Some of these new abilities will also benefit its professional consumers, he additional.
NanoAvionics’ latest defense clients contain Kongsberg, which purchased 3 satellites before this calendar year for a maritime surveillance mission masking the North Sea.
The spacecraft will be primarily based on the MP42 microsatellite bus, which at extra than 50 kilograms is NanoAvionics’ most significant yet as the corporation extends into greater spacecraft with extra abilities.
Buzas said NanoAvionics’ system to expand in the protection market would see it build even much more elements in-home.
Around fifty percent the elements used for its satellite buses have been sourced from outside the house suppliers six several years in the past, compared to all around 20% now.
Crowded market
Even with the company’s strengthened aim on defense underneath Kongsberg, Buzas continues to see solid demand in the business marketplace.
Startups go on to flock to the area current market, delivering a supply for shoppers but also competitors as many others find to muscle in on the smallsat manufacturing sector.
Most not long ago, Los Angeles-centered startup Apex arrived out of stealth Oct. 24 immediately after increasing a $7.5 million seed round for plans to make substantial numbers of smallsats.
Substantial and established satellite makers also wanting for means to capture extra of the smallsat market, together with partnership-hungry Lockheed Martin.
Despite the fact that “the marketplace is crowded, and especially for the newcomers,” Buzas thinks NanoAvionics’ nimbleness and modular architecture give it an edge in excess of the opposition.
About 80% of the company’s satellite architecture remains the very same from mission to mission, irrespective of changes in the payload, enabling it to cut down costs and shorten output moments by getting elements in progress.
Newcomers to the market will also require to make up flight heritage to obtain traction with clients.
“It took for us really a couple of many years to find ourselves within this industry,” Buzas said, “and to position ourselves inside this sector.”
Operational heritage is specifically essential for defense prospects that are frequently delighted to fork out a high quality for very responsible and resilient room goods.
TAMPA, Fla. — NanoAvionics expects to be in a position to churn out various hundred satellites per year in two yrs adhering to a multimillion-greenback investment decision program from its new Norwegian house owners.
The Lithuanian business also reported Oct. 25 it has modified its identify to Kongsberg NanoAvionics immediately after finishing the sale of a bulk stake to Kongsberg Defence & Aerospace last month, despite the fact that it will proceed to trade as NanoAvionics.
Kongsberg Defence & Aerospace provides spacecraft subsystems and other solutions generally for army clients. It is aspect of Norwegian know-how large Kongsberg, which pulled in about $2.6 billion in revenues in 2021.
NanoAvionics CEO Vytenis Buzas said Konsberg’s sizable sources will assist extend the firm into the protection current market, and transform it into a world-wide “prime provider for smaller satellite constellations.”
The corporations declined to disclose particular details about this growth approach.
Buzas instructed SpaceNews it consists of the addition of about 2,000 sq. meters of flooring room at its facility in Vilnius, Lithuania’s cash, where by the company was started as a college spin-off in 2014.
Growing creation facilities and staff members will aid “grow our mass producing abilities to an annual output of numerous hundred equivalent satellites a year,” he reported.
NanoAvionics also ideas to insert manufacturing capability at its U.S. facility in Columbia, Illinois.
The company and mission integrator at present employs about 200 individuals.
Protection growth
Buzas said NanoAvionics is ramping up study and improvement actions beneath its expenditure approach to make its modular satellite architecture additional safe and reputable, which would assist seize a larger share of the protection sector.
“I can not reveal any figures but curiosity in smallsat technological innovation from the protection sector has been increasing, and I visualize our involvement in defense missions is heading for exponential expansion,” he explained.
“To do that we need to establish satellite busses with defense-grade trustworthiness and with capabilities that match mission desires, which to some increase we presently have.”
Some of these new abilities will also benefit its professional consumers, he additional.
NanoAvionics’ latest defense clients contain Kongsberg, which purchased 3 satellites before this calendar year for a maritime surveillance mission masking the North Sea.
The spacecraft will be primarily based on the MP42 microsatellite bus, which at extra than 50 kilograms is NanoAvionics’ most significant yet as the corporation extends into greater spacecraft with extra abilities.
Buzas said NanoAvionics’ system to expand in the protection market would see it build even much more elements in-home.
Around fifty percent the elements used for its satellite buses have been sourced from outside the house suppliers six several years in the past, compared to all around 20% now.
Crowded market
Even with the company’s strengthened aim on defense underneath Kongsberg, Buzas continues to see solid demand in the business marketplace.
Startups go on to flock to the area current market, delivering a supply for shoppers but also competitors as many others find to muscle in on the smallsat manufacturing sector.
Most not long ago, Los Angeles-centered startup Apex arrived out of stealth Oct. 24 immediately after increasing a $7.5 million seed round for plans to make substantial numbers of smallsats.
Substantial and established satellite makers also wanting for means to capture extra of the smallsat market, together with partnership-hungry Lockheed Martin.
Despite the fact that “the marketplace is crowded, and especially for the newcomers,” Buzas thinks NanoAvionics’ nimbleness and modular architecture give it an edge in excess of the opposition.
About 80% of the company’s satellite architecture remains the very same from mission to mission, irrespective of changes in the payload, enabling it to cut down costs and shorten output moments by getting elements in progress.
Newcomers to the market will also require to make up flight heritage to obtain traction with clients.
“It took for us really a couple of many years to find ourselves within this industry,” Buzas said, “and to position ourselves inside this sector.”
Operational heritage is specifically essential for defense prospects that are frequently delighted to fork out a high quality for very responsible and resilient room goods.
