?? Launching Khaleeji Space Network
Andrew Maximov
Passionate about taking deep tech companies from 0 to 1; space, aerospace, defense, AI, additive manufacturing, propulsion
I believe that the future inevitably involves millions of people living and working in space. This will allow humanity to access the unlimited resources of space and preserve Earth as a cradle of civilization. It will also ensure our survival against potential life-extinction events and help us answer fundamental questions about our species: where do we come from, and are we alone in the universe?
I firmly believe that the primary obstacle to realizing this future is finding an economically sustainable approach to establishing lasting satellite-enabled businesses. As profitability in space becomes easier, more entrepreneurs, investors, and governments will strive for space settlement. Launching a profitable enterprise involves iterating on a product, receiving feedback from the market, and doubling down on what worked.
Unfortunately, iterating on space-enabled projects is extremely expensive, very risky, and usually takes several years per attempt. I believe that the best way to accelerate space settlement is by shortening the feedback loop from formulating a technology approach or business model to receiving feedback.
The early stage is the most fragile and risky phase of any space-related project. The decisions made during the transition from business requirements to space mission design or a project proposal for investors or the government are what lead to resource waste and set numerous projects up for failure. The issue is that the outcome may not be clear until the satellite or project is launched which is usually years ahead.
This is the reason why all my and my team’s work in the space industry over the last 7 years has been centered around accelerating that initial phase of space projects and avoiding the most common pitfalls:
Despite my efforts in 2022-2023, I was unable to secure the next VC funding round for Precious Payload's expansion into other verticals on acceptable terms. As a result, the notion of pursuing startup growth at all costs is no longer on the table for me. However, Precious Payload will continue to serve as the payload-to-launcher matching platform and will grow organically, while having my full attention.
Now, is an ideal time to formally launch projects I've been working on for a while! Let's start by aiding GCC countries in becoming leaders in robotic and human space settlement.
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I am excited to bring Khaleeji Space Network online — a private network for individuals working on space projects in Arabian Gulf countries. It's a membership community catering to GCC residents and global space industry professionals engaged in space-enabled projects in the UAE, Saudi Arabia, Oman, Qatar, Kuwait, and Bahrain.
Although I've been residing in the UAE since 2010, I didn't significantly engage in the Arabian Gulf countries' space scene until 2023. Last year I had an opportunity to meet with dozens of great teams pursuing space projects in the region, and also help several international space companies do business in the Gulf.
Here is what I learned:
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Trust me, I am an expert ?
After founding and selling two companies in the region between 2010-2016, and working with over 200 global space companies from 2017-2023, I kind of think I have a founder-market fit to launch Khaleeji Space Network (KSN).
Here's why:
Want to learn more? Follow us on LinkedIn or become a member.
What can you expect from Khaleeji Space?
Our mission is to maximize the impact of GCC-originated space projects on humanity’s big goals of creating a sustainable space economy, space settlement, and finding the origins of life.
We assist international businesses in navigating the GCC market and support local teams developing space projects, guiding them toward success with tried and tested best practices.
Become a member today!
Absolutely thrilling project! ?? As Steve Jobs once said, "The people who are crazy enough to think they can change the world are the ones who do." Your vision with KSN embodies this spirit to the fullest! ? Wishing you monumental success in creating a sustainable space economy and beyond. #DreamBig ??
?? "The future belongs to those who believe in the beauty of their dreams." - Eleanor Roosevelt. Your vision for the Khaleeji Space Network is inspiring! ?? Joining forces to unlock the potential of space for humanity is precisely the kind of dream we should all aim for. Keep soaring!? #SpaceInnovation #UnityInTheGulf
Engineer of manufacturing space rocket engines
1 年This is so exciting!
Business Analyst at Reflex Aerospace
1 年Interesting update. Will keep an eye in it. I'm interested to meet the members of this network. Hope to see you soon again.
Founder at INTERNATIONAL-WATERS INCORPORATED
1 年I want to build a self-powered clean energy live-aboard spaceship.