Raycho Raychev

  • Current company EnduroSat
  • Location Bulgaria
  • Industry Manufacturing

Traditional satellites come with price tags upwards of $50M, but with advancements in technology come new opportunities. EnduroSat offers full satellite solutions in a new class of satellite: nanosatellites that range from 1 to 10kg in weight. The company offers complete nanosatellites for as little as $50,000, bringing advanced space capabilities, such as data collection or transmission, to industries that have never been able to afford them before. While nanosatellites are still new to the commercial sector, they already represent a $1B industry that’s growing 20% each year and the technology is poised to supplant a major portion of the $200B traditional satellite market.

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