Thales Alenia Space creates Space Business Catalyst, the first industry accelerator dedicated to space
This initiative facilitates the emergence of new players within an ecosystem at the forefront of New Space.
Paris, July 4, 2023 – Thales Alenia Space, the joint venture between Thales (67%) and Leonardo (33%), announces the creation of the Space Business Catalyst, a unique industry accelerator dedicated to the space sector to coincide with the Assises du New Space opening in Paris on July 5.
The Space Business Catalyst is a first and is designed to explore, create and secure the conditions needed for the emergence of new players in the space sector by supporting the development of disruptive projects. As an industry accelerator, the Space Business Catalyst supports intrapreneurs and startups during their early growth phase and helps them define and implement their industrial scale-up strategies. This agile structure facilitates the emergence of solutions likely to generate a genuine market dynamic, technological breakthroughs and new avenues of development for existing solutions.
© Thales Alenia Space/ Laurent Barranco
Since 2014, Thales Alenia Space has pursued a pioneering strategy focused on New Space within its Innovation Cluster. This approach has led to the launch of disruptive intrapreneurship projects, such as Space Edge Computing in collaboration with Microsoft, as well as open collaborations with over 700 startups. The Space Business Catalyst was launched in 2023 to strengthen and develop Thales Alenia Space’s strategy, focused on providing selective, qualitative support for innovative projects that will nurture future markets.
Based in Toulouse and Turin, the Space Business Catalyst’s 400 square-meter (4,300 sq.ft) facilities are already hosting some 10 startups and intrapreneurs from all over the world. Working with entrepreneurship experts, Thales Alenia Space has designed a support program that offers technical, commercial, relational and financial support for project leaders, giving them an exceptional opportunity to build strategic collaborations with a major player in the space industry. The Space Business Catalyst is in line with Thales Alenia Space’s Space For Life vision to integrate projects that are especially conducive to the development of responsible space, such as modular space infrastructure and space’s contribution to sustainable finance.
Space Edge Computing © Thales Alenia Space
“The Space Business Catalyst promises much more than a traditional accelerator,” said Vincent Clot, Business and Open Innovation Director at Thales Alenia Space. “Having established strategic partnerships with Axiom, BlackSky, Space Cargo, Omnispace, Kinéis, Anywaves, Geoflex and SpaceLocker, Thales Alenia Space has become the go-to partner for strategic long-term alliances and shaping the future of space. We’re committed to attracting top talent by offering opportunities to innovate within an ecosystem at the forefront of the sector.”
The Space Business Catalyst is fully in line with the ethos of the Assises du New Space forum in Paris, which takes place on July 5 and 6. This event is a chance for French space organizations to discuss and build around the challenges and opportunities ahead in space. The strategic, high-impact space sector is now more accessible, offering a host of technological and business opportunities for all stakeholders.
ABOUT THALES ALENIA SPACE
Drawing on over 40 years of experience and a unique combination of skills, expertise and cultures, Thales Alenia Space delivers cost-effective solutions for telecommunications, navigation, Earth observation, environmental management, exploration, science and orbital infrastructures. Governments and private industry alike count on Thales Alenia Space to design satellite-based systems that provide anytime, anywhere connections and positioning, monitor our planet, enhance management of its resources, and explore our Solar System and beyond. Thales Alenia Space sees space as a new horizon, helping to build a better, more sustainable life on Earth. A joint venture between Thales (67%) and Leonardo (33%), Thales Alenia Space also teams up with Telespazio to form the parent companies’ Space Alliance, which offers a complete range of services. Thales Alenia Space posted consolidated revenues of approximately 2.2 billion euros in 2022 and has around 8,500 employees in 17 sites in 10 countries across Europe and a plant in the USA.
THALES ALENIA SPACE – PRESS CONTACTS
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