Press Release

Finalists Selected for the 2012 NewSpace Business Plan Competition

By SpaceRef Editor
June 21, 2012
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The Winner of the $100,000 Grand Prize will be Announced at the NewSpace Awards Gala

Silicon Valley, CA – After being subjected to rigorous scrutiny, ten impressive finalists have been selected to present their business plans to the judges of the NewSpace Business Plan Competition, hosted by the Space Frontier Foundation. The competition saw a giant leap in the number and quality of candidates this year due in part to the increased prize but also due to the commercial space industry reaching an exciting point in its development where motivated startups are launching frequently.

The finalists range from inventive propellants to software solutions to bioengineered materials but all fill a current need in the commercial space industry. Attendees of the NewSpace 2012 Conference can watch the final presentations on July 27th at the Hyatt Regency Santa Clara. The winner will be presented with the $100k prize provided by NASA during that NewSpace Awards Gala on July 28th. Meet the future leaders of the commercial space industry by registering now for the conference at

NewSpace Business Plan Finalists

Digital Solid State Propulsion LLC – A new form of solid-state propellants that are completely inert unless ignited with electric power of the appropriate magnitude, creating the first truly throttle-able solid rocket motor.

ExoCoat – Bioengineered reactive coatings to almost effortlessly clean and disinfect spacecraft interior surfaces of nearly any kind of volatile chemical, toxin, or biohazard, thus enhancing crew livability on long duration space missions, along with many other uses.

Nanoly Bioscience – A nanotech solution that enables vaccines and other perishable mission-critical medicines to be stored without refrigeration for long periods.

Nanosatisfi LLC – Do-it-yourself Cubesat development platforms. Design your own experiment, then have access to the Cubesat sensor payload at a very affordable price.

Pine Aerospace, LLC – Rapid, high-resolution imaging and analysis (spill monitoring and resolution, using microsats and UAVs) for the oil and gas industries.

Saber Astronautics LLC – High-end Artificial Intelligence with 3D graphics for an end-to-end space operations solution.

Space Ground Amalgam LLC – Inflatable technologies to enhance satellite capabilities.

Terapio – Bioengineered cellular-level radiation mitigation solution.

Terminal Velocity Aerospace, LLC – Small custom reentry capsules for data and payload return, serving the nanosat industry.

Unreasonable Rocket – An innovative, responsive commercial nanosat launcher.

The Space Frontier Foundation would like to thank the following contributing sponsors: Space Angels Network, DecisionDesk and Nanotechnology Now. The competition judges include Hoyt Davidson of NearEarthLLC, Art Dula of the Heinlein Prize Trust, Eva-Jane Lark of BMO Nesbitt Burns, Rex Ridenoure of IZUP LLC and Thomas M. Atchison of Mavericks Civilian Space Foundation. More information about the competition is available at

Watch the competition unfold by registering today for the NewSpace 2012 Conference at
RSVP on Facebook today and follow @NewSpaceCon on Twitter.

SpaceRef staff editor.