CTalkHow can Israeli startups join America’s space efforts?
CTalk
How can Israeli startups join America’s space efforts?
Noga Yaari, VP Ecosystem Development at Earth & Beyond Ventures, spoke to CTech about the New Space industry and Israel’s role in the growing market.
Noga Yaari, VP Ecosystem Development at Earth & Beyond Ventures
(Video: Sinay David)
“There is a global trend or revolution now in the space field where it is shifting from space-tech into New Space,” said Noga Yaari, VP Ecosystem Development at Earth & Beyond Ventures. “Companies like SpaceX opened the market to startups and young companies and reduced entry barriers to the space market. It’s shifting so customers in the space market are now not only NASA government agency defense entities, but also huge corporates like SpaceX, Blue Origin, and even Microsoft, AWS, and tech giants. And it's gone from an industry that was dominated by traditional companies into an industry that now has all the different kinds of entities and companies involved.”
Earth and Beyond Ventures is an Israeli venture capital fund investing in Israeli startups and research projects that focus on deep tech and new space. With large companies in America leading the current space race, it is the job of the VC firm to accelerate Israeli startups to be those that U.S. companies like SpaceX or Blue Origin acquire or invest in.
“You should think of space as a whole new market,” she added. “As investors, our perspective is focused on dual applications: startups that have some market on Earth. They're solving challenges here on Earth, but they're also active or have some application in space or maybe utilizing space resources to solve challenges on Earth.”
You can watch the entire exchange in the video above.
