WeSpace Technologies

Company Overview

Snapshot

Founded in April 2019 by Yifat Feffer and Yigal Harel, WeSpace Technologies operates with 1–10 employees. The company has raised $200,000 across one funding round from Starburst Aerospace. In September 2023, WeSpace Technologies was selected to participate in the ESRIC program, a joint initiative by the Luxembourg government and the European Space Agency (ESA).

Business overview

WeSpace Technologies develops autonomous flying robotic systems, specifically thruster-propelled drones or hoppers, for lunar surface exploration missions. The company provides critical technology for partners aiming to explore the moon and harvest its resources, addressing significant challenges for space explorers and investors. Its autonomous mobility space platforms are designed to enhance data collection, facilitate moon mapping, and identify potential landing sites and resources. WeSpace aims to play a key role in the emerging space economy by offering lunar exploration as a service and selling data and information, serving B2B and B2G business models.

Strategic signal

In September 2023, WeSpace Technologies was selected for the ESRIC program, a joint initiative by the Luxembourg government and the European Space Agency (ESA). This participation validates the company's innovative approach to lunar exploration and its potential to contribute to the growing space economy. The program's focus on promoting space launch companies suggests a strategic alignment for WeSpace, indicating strong institutional backing and a pathway for further development and market entry for its autonomous lunar drones.

Company Intelligence Q&A

What is WeSpace Technologies' primary focus?

WeSpace Technologies focuses on developing autonomous flying robotic systems, specifically thruster-propelled drones or hoppers, for lunar surface exploration missions.

When was WeSpace Technologies founded and by whom?

WeSpace Technologies was founded in April 2019 by Yifat Feffer and Yigal Harel.

What significant program did WeSpace Technologies join in September 2023?

In September 2023, WeSpace Technologies was selected to participate in the ESRIC program, a joint initiative by the Luxembourg government and the European Space Agency (ESA).

What is the total capital raised by WeSpace Technologies?

WeSpace Technologies has raised a total of $200,000 across one funding round.

What is the core technology developed by WeSpace Technologies?

WeSpace Technologies develops autonomous mobility space platforms, which are lunar hopper drones designed for mapping, identifying resources, and delivering payloads on the moon's surface.