If, however, start-ups have gained the trust of government authorities

Start-ups are beginning to find their place in the space sector, but there is still a long way to go to sustain the new space ecosystem, sector players noted at the Paris Air Forum hosted by La Tribune. This is especially the case with David Henry, co-founder of Exotrail, who is now the product manager after being its CEO until October 2021. “A year ago, the message I was sending was to urge start-ups to make their operational contracts, real-life contracts, not just grants, but deliveries.”, He recalls. Today, “I have a slightly different discourse because there are a lot of things we have recommended and taken into account.”.

Startup Accelerator, represented in Cospace, a grant-contract system that allows for a leverage effect on financing and finally a voice now considered at European level Thanks to Yes Union, Young European Enterprises Syndicate for Space now starts: “A radical evolution from a year ago”David welcomes Henry.

A sign of confidence in the new space

The CEO and founder of Renaissance start-up UnseenLabs Clement Gaelic agrees: “Things are moving, things are moving forward”. “In 2015, we didn’t fit in any boxShe remembers. In terms of funding, it was very complicated. “. The start-up was able in 2017 thanks to the Definvest Investment Fund created by the General Directorate of Armaments (DGA) and BPFrance, the then Defense Innovation Agency (AID), first by developing a demonstrator: “It’s not paper, it’s a satellite.” For the purpose of verifying a technology. Today, Unseenlabs has already successfully launched seven radio frequency signal detection satellites and aims to create a constellation of 10 satellites by the end of the year, then twenty in two years. Based on a success from the start “State Faith”.

Today, the European Commission is putting money on the table to tell new players to look at issues reserved for major European system providers, “True Signs of Faith”, According to Clement Gaelic. Gamma, located in the Space Exploration Market, was supported by the National Center for Space Studies (CNES) and Bpifrance. But its boss and founder, Louis de Gaulle Matignon, believes that if the first steps are easier now, the following steps will be difficult.

“Our insight is that in Europe today, especially in France, pre-seed, seed for everything. (Fundraising and early stages of fundraising, editor’s note), There is a lot of funding. But from the moment we go to the series (Fundraising to accelerate its development, Editor’s note), We want to industrialize society, it will get a little more complicated. “He acknowledges the question of going to the United States for a Series A, he believes.

Europe needs to have a more consistent approach

The European Space Agency (ESA) and the DGA have now integrated start-ups to support their needs, but they acknowledge that there is still a long way to go. “Europe represents 15% of the world’s public space funds”, Géraldine Naja, ESA’s Director of Marketing, Industrialization and Supply has underlined. But he “ Now only 5%. For personal investment. “What we lack is a coherent approach, a little more visibility and global support for Star-Tup, especially for new markets.”He believes.

“The key challenge for the coming years is to be able to integrate the solutions provided by the new space ecosystem into truly functional capabilities.”Jean-Baptiste Paing believes that Chief Armament Engineer and Defense Systems Architect is the “Command and Information Control”, connectivity, and space coordinator at DGA. “We are still exploring, innovating.”, According to him. The challenge is to enable start-ups to find their place in the market and not rely on a single customer. “This is the basis of the France 2030 plan.”He points out.