What is Space Impulse?
The global Space economy represents $348 Billion as of 2017. This is an exponentially growing market expected to reach $2.7 Trillion in the coming 30 years, but this estimation might prove too conservative.
The commercial Space industry, accounting nowadays for over 75% of the market, is becoming more industrialized and less dependent on government funding. Following the path of the successful Tech industry, New Space start-ups, are introducing more agile processes and lower-cost systems for faster iterations and higher profitability. This translates in the necessity of more flexibility for resupplying components, software upgrades, launches, etc. This has certainly sparked growing interest from worldwide private investors with over $15 Billion in non-governmental equity investments so far.
New Space companies need faster and more agile solutions. They need to focus on creating rather than spending time with the supply chain.
Space Impulse is the first B2B products and services web marketplace for the Space Industry where Space companies can procure all necessary services for a successful mission. It helps them connect with the most relevant suppliers, get customized quotes, negotiate and close the deal, all from the same platform. Moreover, Space Impulse reduces legal hurdles with standardized documents and Smart Contracts that will self-execute based on the interaction between customers and suppliers. Plasma tokens will be the platform’s fuel used to run Smart Contracts and pay for products and services in the marketplace at discounted rates. This results in a more agile commercial process with lower costs for both customers and suppliers.
Space Impulse is reinventing Space Commerce by transforming the way Space companies can buy and sell their products and services.