Maybe that can be like a bit contrary into something, you know, I've seen bought with the recent investment we made.

Something we saw roughly in the market is that, you know, over the last couple of years, everybody started talking about space systems and everybody started talking about defense.

But contrary to that, we see a few companies that sort of figure out very commercial use cases with data

slash analytics only products that actually are working, are delivering value to the end

customers, are scientifically feasible and produce a lot of revenue for these companies.

And I don't think they often necessarily talk about it in public, but there are space operators with functioning hardware up there right now

that actually make much more money from commercial than defense customers

and that make more money from the data sales than, you know, space systems.

All right, a lift-off. The clock is turned.

Three.

Speed two to see one.

We have a lift-off.

We have a lift-off.

Hello and welcome to the News Space Vision podcast sponsored by Live You, where we discuss New Space Technology, Finance and Innovation with executives, founders and more exciting people from the startup and new space ecosystem. I'm Daniel Seidiv. And I'm Sam Chivara, and we are the founders of the Earth Observation Company, live here, and New Space Vision. Today's guest is Philip Kotyan, investor at expansion capital. And a very loud voice, I would say, in the space ecosystem, at least in my LinkedIn bubble. Welcome to the show, Philip. Thank you. Thank you, guys, for the invite. I've been listening for a long time, so good to join. Yeah. Daniel and I, we spent yesterday an entire day at a German space congress. It was really like class meeting because you know, like so many people within the ecosystem right we have never

met in person yet but you're going to meet daniel and a conference in a couple of weeks but i have

been becoming more and more i got to know you a little better from all your writing you're doing on

linkedin so we are very interested to get you onto the show because we believe

that you have a couple of interesting analyses about the space sector. And that's what this show is

all about. But before we dive into this, could you tell us what brought you into the space sector

originally? What was the tipping point for you to say, hey, I going all in?

So I realized recently I've been in the space sector for about seven, seven years.

So it certainly flies past.

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