Astralintu gets 1st Place at the New Space Europe 2022 Startup Pitch Competition

Luxemburg, Luxemburg.— Astralintu Space Technologies gets 1st Place at the New Space Europe 2022 Startup Pitch Competition organized by the Luxemburg Space Agency (LSA) during the first day of the conference in Luxembourg on October 27, 2022.

This year’s New Space Europe Pitching session brought New Space startups from around the world to pitch their business plans to recognized investors in the field. After the 3-min pitches from each company, the judges selected the business with the clearest and most viable proposition based on a timeline, return of investment, and market plan. This year’s NewSpace Business Plan Competition was judged by Mark Boggett (Seraphim Space), Manuel Antonio Cuba (Helix Space), Charles Koener (LSA), and Muriel Hooghe (LSA)

Matías Campos represented Astralintu Space Technologies in the pitching competition next to other amazing startups represented by Gaia Roncalli (Ecosmic), Filip Wylęgała (Aurora-Connect), Prabhpreet Singh Data (Team Perspective), Luke Neise (General Galactic), James Kim (Data Design Engineering), Young Choi, PhD (Meteo.Space) , Douglas Deok-Soo Kim (SPACEMAP) .

Astralintu Space Technologies’ CEO, Matías Campos pitching at the New Space Europe 2022 main stage in front of the competition jury and a live audience in Luxembourg.

Astralintu’s value proposition centered around the development of two equatorial ground stations strategically located in mainland Ecuador and the Galapagos islands. These stations seek to enable fast, effortless, and reliable satellite communications applied to space operations and the reception or transmission of critical data in commercial, scientific, and government space missions. The equatorial ground station could reach coverage in the latitude range 30ºN to 30ºS and longitude range 50ºE to 105ºE (depending on antenna systems used and the mission assigned).

Astralintu Space Technologies is recognized as the 2022 Edition of the New Space Europe Startup Pitch Competition Winners. In the picture Charles Koener (right), Matías Campos (left)

The pitch presented in the competition highlighted the services’ roadmap in Astralintu’s business plan, with the mission to secure Ecuador’s participation in the global space sector by connecting it to the benefits of new space through space logistics and ground segment operations.

"We are committed to establishing accessible and quality ground station services in Ecuador, taking advantage of the closeness to latitude zero."

Astralintu’s equatorial ground stations will be 100% operational, ready to provide leased usage of antennas and infrastructure in 2023.