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Space Tango Announces Selected Companies for Space Business Accelerator

SpaceTango

FOR IMMEDIATE RELEASE
16 May 2014

Space Tango Announces Selected Companies for Space Business Accelerator

Space Tango (spacetango.com), which is implementing the nation’s first space business accelerator specifically for space enterprises and entrepreneurs, today announced the three companies selected for the inaugural program slated to begin in July 2014.

The Space Tango Accelerator is designed for space-driven startups with a goal of helping new and growing businesses to innovate and develop novel applications for diverse markets.

The companies were selected following an extensive review process based on the nature of their ideas, business model, management and execution team. Each company will receive a modest equity investment and work with an experienced and diverse team of advisors to successfully build out their enterprise.

The companies participating in the program are:

Vinvell, based out of Austin, Texas, is an international technology development and services company specializing in the space industry. The company’s work includes developing the next generation STEM based educational material for colleges, high schools and middle schools utilizing space and space experimentation as the basis for advanced project design and access to space for their customers.

ConsiNet, headquartered in Morehead, Kentucky, is a ground station service provider for the rapidly growing global small satellite marketplace. ConsiNet is developing a unique network of ground stations to assist missions in achieving robust space to ground communications.

Aeolus AeroTech Pvt Ltd (AAT), based in Bangalore, India, is a research to product company that provides turnkey technical solutions and products in the field of advanced laboratory equipment, avionics and space sectors. It the first Indian private company to develop COTS products for CubeSat and related microsatellite missions.
About Space Tango LLC
Space Tango (spacetango.com) is a for-profit enterprise headquartered in Kentucky, focused primarily on the entrepreneurial space marketplace. The company’s capabilities include CubeSat class and other micro-satellite and subsystems, satellite ground operations, spacecraft design and testing and the development of novel technology and experiments for the International Space Station (ISS).

Commuted to a highly collaborative business strategy, Space Tango works closely with a number of other dynamic companies, universities and organizations. These collaborators include Kentucky Space LLC (www.kentuckyspace.com), the Kentucky Cabinet for Economic Development and the Kentucky Council on Postsecondary Education.

For additional information contact Kris W. Kimel at kkimel@spacetango.com or 859-229-6161.

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