NanoAvionics aims for 30 percent US-market share for nano-/microsatellites
NanoAvionics has laid out its ambitious growth and business development plans for the USA via its existing facility in Columbia, Illinois. The smallsat bus manufacturer and mission integrator will develop the only satellite manufacturing facility in the state to become its main hub in the US. Through this hub, NanoAvionics will further grow the portfolio and expand into other locations across the USA. The company is also using it to coordinate all business development activities in the LATAM region, exemplified by the existing “D-2/AtlaCom-1” rideshare mission with Mexican consortium partners Space JLTZ and Municipality of Atlacomulco among others.
NanoAvionics US revealed additional plans to open a full scale MAIT (manufacturing, assembly, integration & test) facility for serial manufacturing of small satellites and establish a mission operations center. To enable and foster this growth, NanoAvionics intends to hire around 100 people by the end of 2022, about half of those for the Columbia hub. The company has already tested the first satellites at the facilities for its US customers missions.
F. Brent Abbott, CEO NanoAvionics US, in charge of the Columbia hub said: “The USA is the largest NewSpace hub in the world and NanoAvionics US has an ambitious goal to take 30 percent of the US market share in nano-/microsatellite manufacturing and mission provision services.
“This is a direct response to the demand we are seeing, with our US revenues having already surpassed last year’s figures. We are already in on-going negotiations about satellite constellations with four NewSpace companies in the USA.”
The Columbia facility will be used to produce high-quantities of nano- and microsatellite buses, for both single and constellation missions. By using a mass production approach, similar to the principle of the automotive industry, NanoAvionics is capable to manufacture hundreds of identical small satellites within a relatively short time frame of 6-10 months – ideal for satellite constellations.
“NanoAvionics facility in Illinois is very scalable and allows us to take advantage of an immense talent pool of staff equipped with nanosatellite experience and graduates from multiple local universities like Saint Louis University, Missouri University of Science and Technology, University of Illinois, Iowa State University and Morehead State University.
“Columbia’s lower operating and living cost will also keep NanoAvionics’ competitive advantage in a tough small satellite market driven by lowering cost, shorter lead times and greater payload volume.”
ENDS
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About NanoAvionics
NanoAvionics is a smallsat bus manufacturer and mission integrator currently based in five locations across the USA, UK and Lithuania. The company’s efforts are focused on enabling critical satellite functions and optimising their hardware, launch and satellite operation costs by providing end-to-end small satellite solutions – ranging from single missions to constellations. Its core engineering team has implemented over 85 successful satellite missions and commercial projects during the past several years. With modularity as the fundamental principal of NanoAvionics systems’ architecture, NanoAvionics provides economic viability to a wide range small satellite constellation-based missions, businesses and organizations worldwide.
www.nanovionics.com | Twitter: https://twitter.com/
