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Vista Space
Better batteries, lighter and longer.
John
July 25, 2024
Quick Look: Vista space creates batteries that are lighter and longer lasting than current market solutions, making each launch into space more economically efficient. They are developing in a space projected to grow to $2 billion in the next 4 years.
Category: | Spacecraft/Aerospace |
TAM: | |
Funding stage: | Seed |
Backer(s): | Y combinator |
What they do: Vista Space build structural batteries to increase satellites’ energy capacity without increasing their size.
Problem Solved: Launching a medium-sized rocket costs roughly $6k -$9k/kg. Vista Space builds better batteries that provide a longer life to the satellite in orbit without costing any extra.
The Team:
Maxim Kraft - Berkeley alum (Economics & Physics). Former SpaceX, Rocket Lab. Taught a course on space economy and entrepreneurship during undergrad.
Chaitanya Kore - Founded Space Force Association Great Lakes chapter. Helped secure a multi-billion-dollar battery gigafactory in Illinois.
Petar Matejic (CTO) - Former SpaceX, NASA, Firefly, The Boring Company. Co-founded UNLV's student satellite team.
Development Stage: R&D. Their initial product is set to launch in February of 2025
Unique Edge: 2 of the 3 founders have a solid technical background and have connections in companies, like SpaceX, that produce similar technologies.
Opportunity: Providing the most energy efficient, and as a result, cost efficient, energy solution for spacecraft would make them an easy choice and would likely place them at the top of a growing market.
Risks: Development of such a complex technology is capital intensive. If there are a few miscalculations during the research and development phase, it could end up being quite costly.
Interested in talking to the founders?
Get in touch with them here
None of the above content is investment advice. All investments should be done with adequate due diligence. As of the date of publishing, the author has no vested interest in the company mentioned above.