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E-Space

E-Space

Deploys satellite systems for data insights

About

E-Space focuses on deploying small, easy-to-install devices that can be tracked and connected globally. Their main product, the E-Space LEO platform, utilizes Artificial Intelligence to enhance data from these devices, providing insights and automation that improve upon traditional IoT capabilities. E-Space differentiates itself by redesigning spacecraft and satellite systems to lower costs, making space technology more accessible to a wide range of clients, including governments and businesses. The company is committed to sustainable practices and aims to lead in the design and deployment of eco-friendly satellite constellations, using data from their systems to inform decisions that protect the environment. Their business model includes selling satellite systems and data services, generating revenue through device sales and the insights derived from the data collected.

Company Stage

Seed

Employees

51-200

Industries

Data & Analytics, Social Impact, Aerospace

Total Funding

$50M

Headquarters

N/A

Founded

2021


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Simplify's Take

What believers are saying

  • E-Space's partnerships, such as with Beyon, expand their market reach and enhance their IoT service offerings.
  • The company's new European headquarters in Toulouse positions it strategically within the aerospace community, fostering innovation and growth.
  • E-Space's potential to create thousands of high-paying jobs in Arlington and other locations highlights its significant economic impact.

What critics are saying

  • The competitive space technology sector requires continuous innovation to maintain a leading position.
  • The ambitious growth plans and large-scale job creation could strain resources and operational capabilities.

What makes E-Space unique

  • E-Space's AIoT-driven LEO platform offers superior data optimization and actionable insights compared to traditional IoT systems.
  • Their focus on sustainable satellite constellations aligns with the growing demand for ESG-compliant solutions in the space technology sector.
  • E-Space's innovative approach to reducing the cost of satellite systems makes space technology more accessible and affordable for a diverse range of clients.

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Growth & Insights
Headcount

6 month growth

-8%

1 year growth

28%

2 year growth

50%

Benefits

Competitive salaries

Continuous learning and development

Health and wellness care options

Financial solutions for the future

Optional legal services

Paid holidays

Paid time off

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