Are you looking for an angle to create your next space startup, or perhaps to get your existing technology company engaged with the huge opportunities in space technologies?
Australia is a world leader in many aspects of photovoltaic cell technologies, deployment and management. Our continent is ideally situated to take advantage of solar power and our society is well-suited to utilising this renewable energy source to drive significant innovations.
Space startups can be about putting things in space, operating things in space, communicating with things in space, powering things in space and about bringing technologies born for space back to earth to deliver greater benefits to everyone (hey, don’t we all like Velcro?! 😄).
So here’s a possible opportunity for a green/clean energy play that could significantly enhance our shift to electric cars, reduce emissions and so many other cherished social and economic goals for our society. Wouldn’t it be great if Australia was the source of the best commercialisation for this technology?
"In the largest technology float of 2005, Suntech sold shares on the New York Stock Exchange (NYSE) in 2004 and raised $396.5 million.
By 2008, nine Chinese photovoltaic companies were listed on the NYSE, six with Chief Technical Officers from UNSW’s pioneering team.
“America financed these solar companies, all set up in China, through the NYSE and NASDAQ,” Professor Green said. “With total investment of $10 billion in cell shipments, we went from 60 megawatts in 2005 to 11,000 megawatts in 2011.”
Suntech grew to become the world’s largest manufacturer in 2010 with JA Solar in second place. Both companies are founded by UNSW Sydney alumni."
Let’s reverse the model, instead of great Australian research going overseas to be commercialised, let’s borrow someone else’s research and be the ones to give it commercial success.