Space AI, a company that manufactures parts satellites will be installed in Uruguay and will invest 5 million dollars for the construction of a laboratory in the country and the development of this growing industry in the national territory.
The space industry is booming in Uruguay: There are more and more companies in this sector that, motivated by investment and development incentives, together with the firmly marked path to become a regional innovation hub, come to the country to bet on this technological sector at the national level.
This is also the case of Space AI, a company born in the heart of Silicon Valley but with Argentine roots thanks to its founder, Diego Favaloro. The company works with distributed computing and an operating system of the type CubeSat —a standard nanosatellite construction unit with a cube shape and scalable structure—, tools that are included in satellites and allow them to function as a data center in space.
The news is that this company will invest 5 million dollars in Uruguay for the construction of a laboratory for the development of software, hardware and satellite integration, as Favaloro explained at a press conference. The announcement was made after a meeting with the president Luis Lacalle Pou.
“The truth is that the talk was very good, how he received us, and we told him our work plan in the country, which is already in the process of execution,” said the founder of Space AI, which not only sells satellites but also provides the solution. complete that includes technical tests, legal procedures and everything necessary to put them into orbit; Therefore, he is projected as a key player in the Uruguayan space industry.
2025, a year that will be key in the local space race
Although Space AI is not dedicated to the specific launch of satellites into space, an Argentine company that plans to build a port to launch rockets and satellites in Rocha It is the perfect complement for the Uruguayan space industry. Is about Tlon Space SAa company that is dedicated precisely to putting satellites into orbit.
“This is our first project in Uruguay and the objective is to build a set of facilities prepared for the launch, arrival or technical assistance of our launch vehicles or space rockets,” he explained. Luis Monsegur, director of operations (COO) of Tlon and the person in charge of the development of the company in Uruguay, to Ambit.
The initiative is about the construction of a space port on a property in the Ministry of Defence, on the coast of the department of Rocha; that would allow us to send into space small satellites to collect images.
The choice of Rocha as the setting for this technological development, For its part, it is no coincidence. In fact, for Argentine businessmen it is “an unbeatable location for launches to polar and equatorial orbits from a single launch pad”. Additionally, the location allows the vehicle Adventure I —the engineering star of Tlon Space, an ultralight space launch vehicle that allows for continuous and efficient operation—does not enter the airspace of other countries during the flight path.
The port construction project for launching rockets and satellites is still in its infancy and is in its early stages. But, once you go through the administrative steps, your development will be rapid and you think about the 2025 as a target period.
Source: Ambito
