Max Polyakov is a managing partner at Noosphere Ventures. Noosphere Ventures is an investment company with interest in space and satellite technologies, fintech, social networking, eCommerce, and social and mobile gaming. One of its subsidiaries, Firefly Aerospace, manufactures small satellite vehicles for space launches. Firefly is one of the nine companies that have been contracted by NASA for a lunar mission.

Polyakov is a successful space technology entrepreneur and philanthropist. According to him, successful venture investment has three legs. While some companies prefer horizontal integration as part of their growth, Max Polyakov favors vertical integration. He predicts that investments in three areas will drive the future success of Firefly Aerospace. Of the company’s add up to deals, 30% will be inner to sister companies, the government will account for 30-40%, whereas commercial will account for the rest.

In August 2019, Firefly Aerospace signed a partnership contract with Ruag Space. Ruag Space is a rocket and satellite hardware company that manufactures payload adapters, among other things. According to the partnership, it will provide Firefly with PAS payload adapters for its small launch vehicles. Firefly will use these adapters to lock satellites in place and only release them once they get to space.

Over 600 satellites successfully separated in space using the hardware produced by Ruag Space. Atlas 4, Delta 5, Vega Rocket, and Rocket Lab’s Electron, all used adapters from Ruag Place. Tom Markusic, the CEO of Firefly Aerospace, believes that through these successes, Firefly’s spacecraft missions are safe with Ruag’s hardware. Ruag will provide an order for the first six launches, with a long-term partnership following after that. The first spacecraft mission by Firefly scheduled for December 2020

Firefly and Israel Moon Mission technologies recently signed an intellectual property and engineering support contract. In this agreement, Firefly obtained the Beresheet Lunar Lander’s design, which it will use to design Genesis Lander for NASA’s lunar mission.

Max Polyakov, through Noosphere, is working to save Ukraine’s science heritage through projects such as Firefly and SETS. SETS’ CEO, Victor Serbin, agrees with Polyakov that any mistake in space is costly, hence the need for more efficiency.

Electric Engines have been utilized for almost five decades presently. But, the early models were as effective as the cutting edge ones. Space Electric Thruster Framework (SETS) makes electric rocket motors. These motors position satellites on circle. SETS is anticipating the number of electrically fueled satellites to extend by 30% within the another ten a long time. Media transmission satellites are anticipated to stay dynamic for 12-17 a long time from the early 7-12 years.

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