Space-related start-up technology companies create synergistic innovation

September 21, 2018, Mary Ann Liebert, Inc
Credit: Mary Ann Liebert, Inc., publishers

Researchers have developed innovative business models underlying the successful launch of space-related start-up technology companies in Costa Rica. A fascinating article describes how the company DIT (design, innovation, technology) Space identified key market sectors that could benefit from spaced-based technology and how implementation of the technology could benefit the company and create synergies leading to the development of further space technology. The article is published in New Space: The Journal of Space Entrepreneurship and Innovation.

Entitled "Developing Innovative Business Models for Small Space Programs Spin-Outs, 'Dit Space' Start-Up Experience in Costa Rica," the article is coauthored by Mr. Luis Monge, Universidad Nacional Costa Rica and Mr. Roberto Aguilar, Central American Association of Aeronautics and Space (ACAE). The authors discuss the growth of DIT SPACE, which emerged as a spin-out of the scientific research program developed by the Central American Association for Aeronautics and Space, a nonprofit organization that promotes and develops Central American talent in the aerospace field. The goal of DIT Space is to commercialize satellite images, creating competitive advantages based on technology transfer and the use of existing .

"While entrepreneurship has been led mostly by individuals and companies in the U.S., it is very gratifying to see the interest expand worldwide," says Scott Hubbard, Editor-in-Chief of New Space.

Explore further: Space shouldn't be exclusive domain of big nations: astronauts

More information: Luis Monge et al, Developing Innovative Business Models for Small Space Programs Spin-Outs, "Dit Space" Start-Up Experience in Costa Rica, New Space (2018). DOI: 10.1089/space.2018.0009

Related Stories

Space program should focus on Mars, says editor of New Space

December 7, 2017

The U.S. space exploration program should continue to focus on robotic sample recovery and human missions to Mars, says Scott Hubbard, Editor-in-Chief of New Space. He details the benefits and risks of this strategy in an ...

Recommended for you

Making stars when the universe was half its age

January 18, 2019

The universe is about 13.8 billion years old, and its stars are arguably its most momentous handiwork. Astronomers studying the intricacies of star formation across cosmic time are trying to understand whether stars and the ...

Saturn hasn't always had rings

January 17, 2019

One of the last acts of NASA's Cassini spacecraft before its death plunge into Saturn's hydrogen and helium atmosphere was to coast between the planet and its rings and let them tug it around, essentially acting as a gravity ...


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.