Startup that is trying to build an open-source satellite network
satellogic.com
satellogic.com
- Their core team does not have anyone with space experience. Success and knowledge from other sectors (looks like they all come from the security sector) does not translate. Space is a whole different can of worms. There are totally different and more constraining hardware requirements, regulations, cost levels to name a few.
They have some advisory board guys with the right experience, but they will need to be heavily involved to be useful to a team of guys coming from a security background (probably more than just as advisers).
- The costs associated with operating a satellite network are so stratospheric (badum-bum ding) that their claim about "democratizing access to data" is dubious. There is a very good reason satellite data is so damn expensive right now: it is so damn expensive to get in the first place.
They could lower some costs here and there maybe, but it would still be in the wrong order of magnitude. They would need to sell the data to a LOT of customers to be a profitable business, if they want to keep the cost of data low (this is what I assume they mean by "democratizing access). They have provided hints of some potential applications, but have they demonstrated there is sufficient existing demand for this?
Probably not. So they are essentially trying to create a new market while footing astronomical up front costs themselves. That is not an attractive risk proposition.
I hope it works because it could be very cool (space! data!). But, I remain very skeptical.
I agree though that just having the software isn't of much use to anyone. I just think it's very interesting.
Also, I don't know what their business model is going to be (I assume selling access to the data), but in my head I imagined time-sharing satellite access (which is probably way too complicated for them to do).
I'm honestly confused.
Yes having thousands of these satellites in LEO is going to make it crowded up there, especially as they break up over the years.
But whether space imaging is going to be worth anything for civil markets is questionable. If drone imaging can deliver less than $1 per acre then the satellites are going to lose. Hardly anyone is going to pay $0.01 per acre for 1m GSD when you can get 1cm GSD for $1.00.