Neuraspace Joins NVIDIA Inception to Revolutionise the Space Traffic Management Industry through AI
Participation in the programme will accelerate company growth and contribute to a sustainable space ecosystem.
Coimbra, Portugal, 31 July 2023 - Neuraspace, a European-born global leader in space traffic management (STM), NVIDIA Inception, a programme that nurtures startups revolutionising industries with artificial intelligence (AI).
NVIDIA Inception will allow Neuraspace to get faster access to cutting-edge AI-related technology and best-in-class tools while enhancing its existing AI system. Furthermore, it will optimise Neuraspace’s research and development efforts to apply AI to its STM system.
In addition, Neuraspace will benefit from NVIDIA’s AI expertise, software frameworks, technical training, hardware for machine learning (ML) training and inference, and embedded AI. Inception will also offer Neuraspace the opportunity to collaborate with industry-leading experts, as well as AI- and edge-driven organisations.
Chiara Manfletti, Director and COO of Neuraspace, said: “Participating in the NVIDIA Inception programme allows us to continue our path of revolutionising the STM industry. This collaboration will propel Neuraspace towards achieving our mission of delivering advanced solutions for safer and more efficient space operations. It is also a testament to Neuraspace’s commitment to innovating space traffic management. By joining this esteemed programme, we are poised to benefit from NVIDIA’s top-of-class technologies and expertise.
“By utilising the NVIDIA Inception programme, we will pave the way for a future where space traffic management is transformed, ultimately contributing to a more sustainable space ecosystem."
Neuraspace brings innovation to STM via three methods. First via its proprietary ML models for nowcasting and forecasting of the space environment and the automation of STM processes. Using ML models, Neuraspace complements physical knowledge and models with pattern recognition, thereby quickly resolving complex problems.
Second, via new data sources from new technologies, such as laser, star trackers, event cameras, radars and onboard GNSS (global navigation satellite system), to complement traditional optical telescope data. The urgently needed increase in the location precision of objects in space cannot be tackled by optical telescopes alone, and new data sources must be exploited to derive the best possible knowledge of the global space environment and the immediate environment around a satellite to secure its safety.
And third, via on-boarding satellite intelligence, which overcomes limitations of inherently slow and only ground-controlled processes, thereby increasing the resilience of the spacecraft.
Neuraspace is a European-born STM leader, established in 2020, with the goal of combating space debris with Artificial Intelligence by developing an advanced system for monitoring and preventing collisions in space. Neuraspace has raised 2.5 million euro from Armilar Venture Partners and a further 25 million euro for sensor infrastructure and its growth strategy with the support of the Recovery and Resilience Plan and NextGeneration EU Funds. The Neuraspace platform solves the issue of space traffic at large through an end-to-end automated solution.