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Saturday 27 May 2017
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SPACEBIT Decentralized Space Company

SpaceBIT is a first decentralized space technology company. Our venture is focussed on building the ecosystem to allow people and small enterprise to take advantage of recent (ahem) giant leaps in efficient launch technologies and new satellite platforms.
We are a team of successful consultants, entrepreneurs, engineers and rocket scientists. We dream about space exploration, but also want to make our venture profitable using agile space methods and off the shelf electronics. Our goal is to change perceptions about space exploration, make it more accessible for small private companies and even general public. We plan to use our projects to generate Intellectual Property (IP) appropriate for the larger missions.
We have already participated in a number of successful Space ventures. Including the launch of Nano-Satellite on a SpaceX CRS3 mission and several private CubeSat projects. We are planning to issue 100 million SpaceBIT tokens. To support our first missionwe will make 20 million of them available in a time limited crowd sale that will run until the end of the year. Every holder of SpaceBIT tokens will share in the success of future missions launched by SpaceBIT. It is the first crypto token aimed specifically to support Space exploration.

Some facts about SpaceBIT:

Announcement of SpaceBIT launch took place during CoinSummit in London at the Level39 (biggest technology accelerator in Europe). Many prominent people were present at our launch including Gavin Wood from Ethereum, Jeff Garzik one of Bitcoin’s core
developers and many other. We are working with industry leaders and will be
revealing our plans and partnerships gradually. We want to create a healthy buzz around what we do.
We have already launched a nano-satellite in April 2014, as a secondary payload on SpaceX
Falcon 9 CRS-3 mission.

We are planning to establish a new paradigm for space exploration. We believe that SpaceBIT will help to create a new way for the world to engage in and actively support a new wave of space exploration. Start-up disruption reaches the final
frontier and we have an ambition to lead the way.

Opportunity presented
by SpaceBIT
A very large and fast growing market (growing at 7% last year, 3x faster than the world economy)
Develop the ecosystem and acceleration of space exploration projects like SpaceX, we are disrupting large corporates by giving anyone access to exploration and commercialization of space.We are becoming one of the unique preferred platforms through which space/satellite-related projects will be launched.

BUSINESS OPPORTUNITY
The battle for the sky continues. Google has spent $500 million to buy Skybox Imaging, a company that uses small satellites to transmit high-resolution images from space. Skybox has only a single satellite in orbit right now. Only two months before Google acquired Titan Aerospace, which beams Internet signals from high altitude drones. In March Facebook spent $20 million on Ascenta Market and is poised for attractive exit opportunities (e.g. through acquisitions, with both US, EU and Chinese companies investing heavily in space/satellite related businesses.

Our Missions:
We are currently at the research and development of SpaceBIT framework and key elements. We intend to mature SpaceBIT hardware and software prototypes to TRL6 and begin integration with spacecraft systems. We will work together with academia, industry and the respective communities to prepare SpaceBIT for the market and raise awareness of its capabilities.
Nano-satellite with re-entry capability Nano-satellites still lack the capabilities of some larger satellites and spacecraft. Current nano-satellite technology does not allow for recovery of the payload for analysis. With
the CubeSat standard becoming very popular, the ability to re-enter an atmosphere would unlock massive potential.
Space vault and ultimately space ‘bank’.
We are planning to launch a swarm of satellites that can support various platforms (e.g. Ehtereum, Bitcoin and other.). Currently we are partnering with International Space University to develop SpaceBIT hardware and software prototypes to TRL6.

Future missions: 3D printing in space and asteroid mining/tracking of dangerous asteroidsWe are also planning to create a Spaceguard system to monitor Asteroids. Earth is at a constant threat of an asteroid impact that can happen at any second. Those missions should already be possible using current technologies but to date these have not been adapted for such a purpose. We will use our data about asteroids to find the ones rich with resources. Asteroid mining will play a key role in the development of future settlements and earth-based economics.

Why now?
It wasn’t possible until today. Space exploration technologies have become more accessible. Instead of an architecture that relies on a centralized and expensive hardware and engineers working in a single location. We have embraced a decentralized approach to design and manufacture of spacecraft parts. Our model is based on a set of commercially available low cost components with engineers working from remote locations. Our prospecting satellites are small enough to get a ride into space as a secondary payload on a larger rocket. For more than 50 years, governmental organizations had an exclusive right to fund and engage in space exploration. Government run exploration, funded by public money, has provided limited access for citizens. Through addressing the challenges of crowd community funded space exploration we hope to expand technology and generate substantial innovative intellectual property. Exploration and curiosity are vital to the human spirit. Accepting the challenge of conquering the final frontier will invite the citizens of the world today and the generations. We aim to raise funds towards the support of our space missions. IP intensive missions will bring a profitable dynamic for those who support SpaceBIT. Space exploration is a risky business, but it is also highly rewarding. Some estimates say that for every dollar invested in the Apollo program, more than 20 have been returned.

Management Office
Level39 One Canada SquareCanary Wharf London, E14 5AB
United Kingdom
info@spacebit.com
R&D Office
Electron Building
Fermi Ave
Harwell Oxfordshire,
OX11 0QR
United Kingdom



CBM

  • Crypto Future

    This is a very exciting project. The team behind it is a proven team. Cant wait to see what they can accomplish.