NanoSatisfi Interview

Chris and Nick from NanoSatisfi tell us how they're making space the next development platform.

Transcript

Marcus
All right. So, Nick, tell us your full name and the name of your company.
Nick
So I’m Nick Lane. I’m working for NanoSatisfi. We’re putting satellites in space, building the world’s first open satellite network.
Marcus
Okay and how long have you guys been around?
Nick
We’ve been around a little over a year. I’m going to introduce Chris here.
Marcus
Hey Chris, come on over.
Nick
Chris is part of our Business Development Team.
Marcus
Okay and what are your respective roles in the company?
Chris
So, I work primarily on Business Development and partnerships with other organizations.
Marcus
Okay, and how about you?
Nick
I’m working on development and the education side.
Marcus
Okay, so give us the nickel tour. Give us the overview of what NanoSatisfi is?
Chris
Sure. So we are launching physical satellites into space, with the premise---- [picking up a square cube-like object] ----this is about the size of the satellite that we are launching into space.
Marcus
Okay.
Chris
So it’s a cube-sat, the premise behind it is that if we launch a satellite that allows people to access the data onboard and also the platform that we’re building. So in effect, it’s a satellite platform similar to Amazon Web Services or an IOS that allows you to actually run your own application, game, experiment, what have you, on our satellites.
Marcus
Wow. And how many customers, I guess, or programs can you send up—I mean does a satellite contain?
Chris
Quite a few.
Marcus
Is that right?
Chris
Yeah. Quite a few. So we sell it out in week increments, effectively, so for $250 you could have a week’s worth of time on our satellite.
Marcus
And how many times does it orbit in a week?
Chris
The orbit’s about 90 minutes.
Marcus
Oh, so you get quite a few?
Chris
So, quite a few runs.
Marcus
Yeah, Okay.
Chris
We’re actually setting up with curriculums so rather than having all of your time at once, we actually have a curriculum where you can kind of learn to code on the air because we do platform, which is what the satellite’s built on.
Marcus
Okay.
Chris
Then you can start to test it in a live environment here on Earth, you can run it in space, and then you can kind of have a download after the fact to kind of look at what you’re server got, all the data that came back and so forth.
Marcus
So can you update it once it’s been sent up there, or is it a matter of—you can buy another—I don’t know what you call it?
Chris
So you can update it once it goes up there. So you actually have the run of the satellite for the period that you buy it.
Marcus
Cool. Interesting, and how long have you guys been around?
Chris
So, we’ve been around for less than a year, actually. But, we already have two satellites scheduled to launch this year, so we have one scheduled for July and another one for September.
Marcus
Okay. [Now addressing Nick] And you mentioned that part of your job responsibilities were helping people know how to write code?
Nick
Right. So the satellite is Archimino based.
Marcus
Okay.
Nick
So anyone who can hack in Archimino can create a program for the satellite. So part of my job is making sure people understand how to do that I’m pulling from the giant knowledge base that is the Internet, because Archimino is out there and people are already developing for it.
Marcus
Sure.
Nick
So, that’s the power of using a platform that already exists.
Marcus
Very cool. So if NanoSatisfi was a Super Hero, what would be its super power?
Nick
Whatever Captain America’s was.
Marcus
Very patriotic of you.
Chris
There we go. I’ll roll with that. It sounds great.
Marcus
All right. How long have you guys been with the company?
Chris
So, we’ve only been with the company a few weeks, actually.
Marcus
Oh, really?
Chris
Yeah, we’re pretty fresh.
Marcus
So what are you guys hoping to accomplish at Launch Conference?
Chris
So the biggest thing for us is actually telling people that space is accessible. So, you know, the two big things you hear when you hear space are, Wow, it’s going to take a ton of knowledge and a ton of money to actually get there, but from our perspective it’s $250 and, you know, a short course that teaches you how to code Archimino and suddenly you are pushing to production in space.
Marcus
And so who is your target market? Who do you envision—who are these people who are hacking Archimino and giving you $250?
Chris
So, we’re initially starting, quite honestly, with the STEM education market.
Marcus
Okay.
Chris
So there’s a big focus in STEM on getting people coding and then----
Marcus
What’s STEM?
Chris
STEM is Science Technology Engineering and Math.
Marcus
And Math, got it. Okay.
Chris
And so it’s kind of the base level of science and engineering education.
Marcus
Okay.
Chris
So the biggest thing for us is actually getting people 1) starting to code and then 2) starting to get kind of their experiments run in a more interactive collaborative environment.
Marcus
Cool. How much does it cost to send a rocket into space?
Chris
A rocket? I have absolutely no idea.
Marcus
Well, one of your things, one of your things, so you don’t----you don’t know at this point?
Chris
Sure, sure. The satellite that we launch costs about a million dollars to build, launch and maintain.
Marcus
Okay. And where did that funding come from?
Chris
So we actually started out with a Kickstarter Campaign----
Marcus
Really?
Chris
----which was an interesting way but it actually validated the market needs for us, so we found that a lot of people that we wanted to target actually already wanted the product that we were going to provide, so we started with the Kickstarter and we are also seed funded by a number of great VC’s and Angel Investors here.
Marcus
Awesome. So how much did you get with your Kickstarter?
Chris
So we raised about a hundred and six thousand from Kickstarter.
Marcus
Nice. Great. Great. Are you guys here all three days?
Chris
We are.
Marcus
All right. Is there anything else our viewers ought to know about NanoSatisfi?
Chris
Space is accessible and it is a ton of fun.
Marcus
Awesome. Hey, thank you very much guys.
Chris
Cheers.