Founders of Vector which was closed last year have now created a new startup called NewSpace Networks, which is into developing space software products for applications which include data analysis, cybersecurity, and the Internet of Things (IoT). As their first forays into the market, the firm is intended to respond to the Space Development Agency's "leap-ahead technologies" for its evolving space architecture.
The all-new San Jose-based company is eyeing at the SDA's top two priorities which are the transport layer for internet and communications which is meant for connectivity and the latter one is tracking layer which will help in the launch of hypersonic missiles. The firm believes that they could provide capabilities that will help them to battle the current management market and will enable them to ground and launch segments to support the new space architecture.
NewSpace Networks intends to focus on defense-related and military-based customers, along with retail and commercial firms. The company is also focusing on other sectors which include aerospace, marketing, healthcare, infrastructure and management, data analytics, cloud, and network optimization. It will help the firm not only to gain popularity but will node a mainframe which will make the firm one of the best in current markets.