Four years later, Banazadeh is still waiting for that commercial opportunity.
Capella is still successful. The company has managed to raise $82 million in venture capital financing and has a robust pipeline of government contracts, but Banazadeh has not seen the kinds of uptake in private industry.
He’s not the only one.
Speaking at TC Sessions: Space 2020, Banazadeh was among a number of executives including Peter Platzer, the chief executive officer of Spire Global; Helsinki-based ICEYE’s co-founder and chief executive Rafal Modrzewski; and Melanie Stricklan, the founder and chief strategy officer of Slingshot Aerospace who spoke about the central role government plays in the current space business and how they’re hoping that will change.
Entrepreneurs say regulatory constraints are hampering commercial applications of space tech
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Slingshot Aerospace is working toward space sustainability
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