1st Screen: When NSG Analysts look at a NewSpace company, they consider the founders’ track records very important. Of utmost importance, is a founder’s ability to take a previous start-up to exit. Please tell us about your entrepreneurial track record prior to working with
I started a company called While You’re Not Home. We were a home watch company focusing on second homes in ski resorts communities. So we looked at homes in Vale and Breckenridge in the Colorado area and home checked once a week and managed their property. It ran for a year and a half before choosing to shut it down.
Tyler Browder VP of Business Development and Co-Founder of KubOS
1st Screen: What are management’s primary objectives at KubOS?
Our primary objective is to change the aerospace industry using open source software. We believe that open source software will create lower costs, faster development and better quality software.
2nd Screen: What is KubOS’s strategy to capture market opportunities?
Primarily by giving away open source software for satellites, and by growing our developer community called OpenKosmos. We want KubOS to be on every satellite and by providing the software, the community, and orbital support, we are positioning ourselves to reach that goal.
2nd Screen: How do you project and describe growth in the coming years for KubOS?
Right now, growth is through finding clients on a one-on-one basics. We are creating a plan right now to grow through a more scaleable sales process. I think our online community OpenKosmos will be huge piece of that plan as well as continuing to develop KubOS to solve issues of larger satellites.
3rd Screen: What does KubOS’s cap table currently look like? Have you found it difficult to raise capital as a satellite company?
We currently are close to closing our seed round, so we are an early stage company. We have three investors that are on our cap table, besides the founders. Two of them are angel investors and one is a early stage fund.
The most difficult part of raising money, for us, was educating investors on want is happening in the space industry and where we figure into that ecosystem.
4th Screen: What are the advantages or disadvantages for using your open source software instead of a proprietary software?
One of the obvious advantages is that it’s free. The better advantage is that you get access to our community that is built around the software, so you get an open sharing of ideas and technical development. They use KubOS in their own missions and then they contribute patches or features back to the community, so you really get to create lots of eyeballs on the software as oppose it to be only those engineers by the company and no one gets to see the inner workings of it. You have more opportunity for innovation and development and you also get a great range of community support behind it, which is not the case in proprietary software.
4th Screen: How is the technology at KubOS unique?
We are providing an out of the box solution to satellite developers. KubOS is a highly portable software, with MCU/CPU power management, peripheral configuration management, in-flight software updates, a single event upset detection and correction, as well as a reliable priority-based scheduling system. We are working with several satellites developers to create a solution that solves the problems they are facing.
4th Screen: What can we expect in the future for KubOS’s products?
We have a strong interest in developing software solutions for problems that larger satellites face as well as testing software.
How do you see the NewSpace industry in the next five years? How do you see it in the next ten?
I think we are going to start seeing in-space services, allowing us to do more and go farther then being dependent on Earth.
Last question: Do you want to go to space? Why or why not?
I think I would get extremely sick going to space, but I think I would go, given the opportunity.