Bellevue, Washington – July 15, 2011 – Space Angels Network, LLC, a national network of seed‐ and early‐stage investors focused on aerospace‐related ventures, and the Silicon Valley Space Business Roundtable (SVSBR), an organization that encourages the growth and development of aerospace‐related businesses in the Silicon Valley, today announced the beginning of a collaborative partnership. Through this partnership, both organizations aim to foster continued growth of aerospace‐related businesses.
“Partnering with the Silicon Valley Space Business Roundtable will expand Space Angels Network’s reach into this key community for new venture finance. We are excited to work together with the SVSBR team to attract new capital to aerospace ventures,” said Joe Landon, Managing Director of the Space Angels Network.
Initially, the partnership will see both organizations share resources and conduct joint planning sessions through which collaborative events will be planned. In the near future, the members of both organizations will engage in other collaborative efforts related to aerospace businesses.
“Space exploration is a high‐risk business sector requiring especially creative entrepreneurship.
SVSBR and SAN provide a neutral platform to bring together government, non‐profit and for‐profit thought leaders to facilitate such innovative collaborative approaches for sustainable long‐term success of space ventures,” said Florian Selch, Managing Director of the Silicon Valley Space Business Roundtable.
As a first step in this collaboration, both organizations are co‐producing an exclusive reception featuring Astrobotic Technology, Inc. on July 21st at NASA Ames in Mountain View, CA. Astrobotic, the front‐runner in the Google Lunar X PRIZE competition, is pioneering the lunar frontier by developing commercial lunar robotic missions. Astrobotic will be showcasing its lunar lander structure at the event. More information is available at http://svsbr.org/.
About Space Angels Network, LLC
Space Angels Network is a professionally managed national network of seed‐ and early‐stage investors focused on aerospace‐related ventures. Space Angels Network members share a common passion for promoting the development of the aerospace industry and related technologies while also earning attractive returns on private investments. Space Angels Network facilitates investment in aerospace‐related ventures by connecting entrepreneurs and investors on its online deal management platform and through regular Aerospace Venture Forums, which offer entrepreneurs opportunities to meet face‐to‐face with accredited investors and present their ventures for their consideration. Through its extended strategic relationships with venture capital firms,
federal science and technology agencies, state economic development organizations, research universities, incentive prize organizations, and other partners, Space Angels Network creates a robust ecosystem for both aerospace entrepreneurs and investors to connect for seed‐ and early‐stage financing. For more information, please visit www.spaceangelsnetwork.com.
About Silicon Valley Space Business Roundtable
The Silicon Valley Space Business Roundtable (SVSBR) is an organization that encourages the growth and development of aerospace‐related businesses in California’s Silicon Valley. We closely collaborate with forprofits, universities, other non‐profit organizations and government agencies including NASA Ames Research Center. As the west coast’s only organization of its kind, we provide input to leadership groups to expand the area’s business base by providing specific recommendations to improve the space business climate. SVSBR has its sights on the future of high technology. We provide forums by leading aerospace leaders to educate the industry on initiatives and goals. For more information, please visit www.svsbr.org.