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C.H.A.T Market Research
C.H.A.T Market Research
Target Market
Target Market
Government agencies (NASA, UKSA, CSA, etc.)
After the failure of the 2008 Solar Sail NanoSail-D, NASA reported overheating electronics as one of the main risk factors of the design. The overheating was linked to thermal stresses in the engine, which contributed to the overall failure of the mission, resulting in the loss of NanoSail-D. This prompted NASA to develop and launch NanoSail-D2 in 2010 as a replacement.
An image of NanoSail-D, courtesy of: https://en.wikipedia.org/wiki/NanoSail-D
An image of a Stanford CubeSat courtesy of: https://slab.stanford.edu/news/news-sssi
Universities (Cornell, Arizona State University, Stanford)
The student-developed CubeSats from Cornell University, Arizona State University (ASU), and Stanford University have experienced failure due to overheating over various data collection missions and research tasks.
Research companies (Pumpkin Space Systems, AAC Clyde Space, Adcole Corp.)
Many private companies suffer from CubeSat damage in the form of overheating, costing them up to millions of dollars. This also impedes the valuable data collection processes.
An image of a Pumpkin Space Systems CubeSat, courtesy of: https://www.pumpkinspace.com/news/
Thermal Control Louvers, Image courtesy of technology.nasa.gov
Metalized Polymeric Film Reflective Insulation Material, Image courtesy of https://www.dunmore.com/products/radiant-barrier-insulation.html
Similar Products + Competition
Similar Products + Competition
(ASU) Thermal Subsystem
(ASU) Thermal Subsystem
Method for controlling and monitoring the temperature of all hardware within the satellite. Uses a single radiator covered with thermal tape donated by NASA Goddard.
(NASA) Control Louvers
(NASA) Control Louvers
Helps regulate temperature. It consists of a set of adjustable, reflective slats (similar to window blinds) that open and close based on temperature conditions. These louvers help manage the spacecraft's heat by controlling how much thermal radiation is absorbed by the satellite.
(Dunmore Aerospace) Metalized Polymeric Film Reflective Insulation Material
(Dunmore Aerospace) Metalized Polymeric Film Reflective Insulation Material
Reflective insulation material product. Metalized polymeric film laminated to an insulation material with the metalized polymeric film having its exposed metallic surface facing away from the insulation material.
(Tethers Unlimited Inc.) Insulation Component
(Tethers Unlimited Inc.) Insulation Component
Spacecraft construction component with multiple layers. Less expensive alternative to insulation blankets. Includes radiation-resistive layers, preventing internal component damage.
Market Size
Market Size
2023 Market Value- About USD $300-500 Million
2023 Market Value- About USD $300-500 Million
Estimated 2031-32 Market Value- USD $1.4-1.6 Billion
"Due to their compact size and lightweight, which makes them well suited for quick manufacture and testing, CubeSats are a perfect and affordable entity for studying future technologies and concepts." - Skyquest.com
Graphic courtesy of Skyquest.com
Graphic courtesy of Skyquest.com
Graphic courtesy of Skyquest.com
Graphic courtesy of Skyquest.com
Justification
Justification
Q: Is the market big enough for another similar product?
A: The market grows along with the development of new products. Vast amounts of developing CubeSat companies may choose cheaper “less developed” options over “more developed” expensive options
Q: Why will your solution be more valuable or desirable?
A: Our solution will be more desirable because it will include a heat dispersion method that will also apply to household devices. Our solution will also be modular, meaning that it will be easily stackable, depending on the amount of heat being dispersed from the CubeSats
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