Posted on

Entrepreneurs say regulatory constraints are hampering commercial applications of space tech


When Payam Banazadeh and his team started Capella Space in 2016, they had visions of providing private industry with a wealth of new data that they could use in all sorts of ways to create business opportunities and improve efficiencies.
Four years later, Banazadeh is still waiting for that commercial opportunity.
Capella is still successful. The company has managed to raise $82 million in venture capital financing and has a robust pipeline of government contracts, but Banazadeh has not seen the kinds of uptake in private industry.
He’s not the only one.
Speaking at TC Sessions: Space 2020, Banazadeh was among a …

Read More