Ask HN: I want my next startup to be in space tech. Where do I start?
I am about 2 years away from starting my next startup and I know it has to be something space tech. What are the best books / blogs / Twitter influencers to follow that I should be on top of?
44 comments
[ 1.8 ms ] story [ 89.6 ms ] threadIt seems that space tech is an expensive endeavor. Unless you have a very very powerful WHY. It will be hard to get investment.
Limitations of the newsletter include its lack of criticism and investigative work, as this looks out-of-scope of its focus. Many of the articles have been friendly interviews with people in the space industry, and the most bearish article about the space industry ("Is The Commercial Space Industry Here to Stay?") concluded on an optimistic note.
Other, more critical sources would be welcome to develop a much more complete picture of the industry. I haven't sought out a specialized source for critical space industry articles, though critical articles do appear occasionally in major newspapers (e.g. the Financial Times and The Economist).
Twitter influencers? You think you're going to start a successful business by following the right people on twitter?
My advice, find a problem, take the time to understand the problem space very very well, find some novel solution and implement it to the absolute best of your ability. It could be in any space, but if you want to focus on space tech, there are plenty of difficult to solve problems there. Start there, understand the ins and outs of it, find a problem you think you can solve and deliver value by working on it.
The High Frontier is a fun book.
Just wanting to get into space tech without any understanding of the topic, the problems and everything is really naive. Some tweets, podcasts or blog articles are not enough to learn about such a highly risk averse and regulated industry. Other commenters have already pointed out why space is a very very very hard industry to be in. You don‘t start that because you like space without a fortune of money to burn on the way.
Go to many conferences to find where the smartest people are and how they are fixing the hardest problems. Meet the important people everyone knows in the industry who can help you navigate it.
Get to the top 1% in one of the skills which is critically important to your industry, so you can grok opportunities before others.
That might get you to the starting point. You can't just google "howto disrupt space".
I know I was lucky, but following these people allowed me to realize there was a niche to serve.
Technical people are often blind to this as they always feel they need to be on top of a field to create a solution.
- Lots of regulations (for launching rockets, operating ground stations etc.)
- Everything is REALLY slow
- Very high risk (your 500k mini satellite may blow up with the rocket during launch)
- Things are very expensive and there are lots of (small and large) hidden/unknown fees that you'll face during the projects
1) Habitats (we gotta live)
2) Energy (this will cover fuel, heating, automation, defence)
3) Mining (this gets us the resources to do all the above)
You corner the market in any of those three and you will be set for the imaginable future.
Why exactly do we need to live in space at all? Can't we send more or less autonomous spacecraft to retrieve the resources, and stay safely here on Earth?
I mean - we extract oil from under the sea without having to move to underwater habitats, don't we?
I guess what I'm saying is that robots can identify problem points, but at the current time can't actually troubleshoot or resolve those problems. Those are really difficult problems to solve.
In this 'proverb', if the person had come to Mozart with the right questions or had shown he had tried, there is a jumping off point or quick feedback that could be done.
You should ask questions but you should come to the interaction having done research with results from previous attempts especially if they are accomplished (eg: very busy / have other things to do) and they aren't your friend
Exploiting offworld resources (like Trojan asteroids) will soon be possible with machines we can design, build, and test on Earth.
[1] https://selenianboondocks.com/
[2]https://selenianboondocks.com/2022/04/geo-orbital-debris-mit...
But ultimately, you have to know how to win those grants, and that's going to be down to working on something the space agency wants people to work on whilst having a team and coalition partners that tick the right boxes. And they tend to be big conglomerates and universities, not trendy founders with big social media following.
- I really enjoyed Lift-Off by Eric Berger on the early days of SpaceX.
- Shoot for the Moon is another good read on the Apollo program.
- The Case for Space by Robert Zubrin
- Ignition by John D. Clark for a history of liquid rocket propellants
Godspeed
(Edited formatting)
https://orbitalmachines.no/
If the future is space and space exploration, we are going to need and have a lot more landing / launch pads with the need to build quickly and manage them cheaply.
Another side could be becoming a vendor of space or rocket equipment (materials, parts, suits, whatever) and focusing on making them better and cheaper. I think there is a lot of room for this since SpaceX is honestly the only big game in town, the rest are kind of jokes in terms of R&D speed.
Most likely customers would be non-SpaceX until you build up enough internal knowledge and products for a single topic where SpaceX will acquire you to integrate into their production pipeline.
Ultimately, that is your goal - to learn the industry, understand what problems exist, which are solved, and which need help, and find a niche where your talents can fulfill a need. Following people is a tool to reach that goal, but only one tool of many. Seek other ways to achieve the goal and you not only will likely have more success, but your questions will be taken more seriously.
"Opportunities are flourishing today in Space Tech. There's now an increasingly connected ecosystem to support even pre-seed stage aerospace founders - and Founder Institute can increase any aspiring space technology entrepreneur's chances of success, by providing the necessary founder mindset and key network connections" [0]
[0] https://fi.co/insight/founder-institute-space-tech-virtual-2...
Would like to connect. Email is ed.xr.dw@gmail.com