We at Exodus have been hard at work creating the pitch materials that investors (rightly) want to see before backing a venture such as ours. That means laying out a roadmap for Exodus over the next five years, including both the milestones we expect to meet, and the costs we’ll have to cover, as we travel down the path towards becoming a leader in the space debris clean-up industry.
This has been a rewarding task, because it means we can start to make some better educated guesses about how big this industry will be, which may surprise some. With another 5000+ satellites expected to be delivered into Low Earth Orbit in the next ten years, in addition to a satellite services industry currently worth in excess of $100 billion/year, we predict a $100+ million/year clean-up industry by 2028, with satellite makers and insurers being the primary customers.
Interested investors should contact us for more information.
We’re also preparing for a couple of upcoming space conferences, the Australian Society for Aerospace Medicine’s: Focus colloquium on Space Life Sciences in Melbourne this Friday, and of course, the 2018 International Astronautical Congress in Bremen, Germany. We have also recently participated in consultation sessions for the rapidly developing Australian Space Agency: I have to say it’s been so encouraging to see how quickly the agency is coming together, as well as the enthusiasm and professionalism of its staff.
Lastly, while there’s a number of opportunities in the works that we can’t talk about yet, I do think it’s important to emphasise that yes, we are aiming to be a leader in the space debris clean-up industry, but that’s not all. Long term, we want to help enable the exodus of humanity to space in large numbers. Instead of “where next?” we ask “how many?” because the technologies that maximise the answer to that question are what will enable humanity to take that next step and finally start the settlement of space.
What does that look like? I’ve made a small update to my novel preview for “The Hub, the Rock, and the Ring” because I believe a story can paint a picture far more vivid than any trade study ever did. Caution: contains some adult language.