Company profile
Ai4SPACE - Space Tech Spinout Provider from STAR-Lab University of Surrey
AI4SPACE is a space tech provider - Our initial business model is software as a service and target market is space mission operators and spacecraft manufacturers.
Financial period: 1 Dec 2023 to 30 Nov 2024
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CS01 | Transaction MzQ0MjU4NjExNWFkaXF6a2N4
Published 10 Nov 2024 07:07
Company registered at Companies House
Ai4Space develops software and offers consultancy services for the space industry.
AI4SPACE specializes in software-defined solutions and services to enable visual navigation for spacecraft with a wide range of orbital applications such as in-orbital servicing, assembly, and active debris removal, etc.
The company is founded by Prof. Yang Gao that spins out from the multi-award winning research lab (STAR LAB) led by her at Surrey Space Centre at University of Surrey. A flagship product of the company is machine learning based pose estimation technique using monocular camera, which offers significant reduction in cost, power and size compared to the state-of-the-art solutions hence a more sustainable solution. This technology is based on the research algorithm developed by Prof Gao's team that is ranked top 3 in the ESA-Stanford Pose Estimation Challenge. The company has been granted ~£300k (01/05/2022-30/04/2023) from InnovateUK to help develop our business and flagship product. There is further investor funding under development for the new business.
1 Aug 2022 to 31 Jul 2023
Averaged over the eight years 2004--12, about 72 objects were placed into LEO (Low Earth Orbit) per year. However, since 2012, there has been a steep increase in the number of satellites placed in LEO, with the count now running at 125 objects per year and for fast internet several companies are deploying large constellations of more than 1000 satellites ...
