Moonshot Space Co, Australia’s first space-focused accelerator, has secured an investor matched-government grant of $500,000. This will allow continued focus on cultivating new technology start-ups, ranging from robotics to launch facilities and energy generation. Founded in 2017, Moonshot Space has so far accelerated 25 space start-ups and made 10 investments.
Troy McCann, Moonshot’s founder, has also built an alliance of nearly 40 investors who also act as mentors, including Flavia Tata Nardini of Fleet Space and Adam Gilmour of Gilmour Space, plus international space leaders including Amir Blachman of Axiom Space and Dr Andrew Aldrin, CEO of Florida’s Aldrin Space Institute. “We’re on a mission to spend the next decades building a world-renowned space tech precinct in Australia by bringing together a critical mass of capital, talent, facilities and commercial opportunities,” McCann said.
The new investments include space data analytics tools and spacecraft that will wirelessly transmit power to lunar spacecraft when blocked from the sun’s energy.
The Moonshot Model is a two-part framework for bringing people together to solve giant challenges and is what makes us a unique organisation. It includes the Nexus, which is an evolutionary structure that defines the people and organisations within the Moonshot community as it spans the globe – including startups, established enterprise, government organisations, investors, and community partners across several sectors. Our goal is to align the diverse interests of each partner to create a productive international network of collaborators, where each partner gains value and the product of any collaboration is always greater than what would be achievable alone.