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Closing Bell

Manifest Space: Space Media With Payload Co-Founder Mo Islam 6/13/24

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 13 June 2024

⏱️ 25 minutes

🧾️ Download transcript

Summary

As the space economy has skyrocketed, so too has coverage. Payload secured funding in 2021 and has grown into a space media hub, newsletters, podcasts, research and events. As it expands into other areas of coverage such as nuclear energy, co-founder Mo Islam joins Morgan Brennan to discuss the big trends tracking for space, how payload is opening up opportunities beyond the final frontier.

Transcript

Click on a timestamp to play from that location

0:00.0

Payload

0:03.0

as a passion project.

0:05.0

Mo Islam and Ari Lewis were frustrated with what they saw as a dearth of quality media

0:09.2

coverage focused on space.

0:11.2

When Ari, my co-founder and I first started the business, we really weren't sure what we were building.

0:16.3

All we knew was that the industry itself was one of the most innovative industries in the world and we looked at the

0:24.1

surrounding media and we said okay the content's really great but the delivery

0:28.3

mechanism and and the products that are built around that content are not what they should be in our opinion, right?

0:35.8

We didn't think that the, where the innovation was occurring in the industry,

0:39.7

which is mainly startups, we felt like that wasn't being covered well enough.

0:45.0

And, you know, we saw a lot of other industries where this idea of B2B media, which is like

0:51.3

building content for an industry audience we felt like hey

0:55.6

it's being done really well in these parts of you know other industries but not in

1:00.5

space. The decision proved to be fortuitous as interest not only

1:05.0

only for main street but from Wall Street in space was starting to take off.

1:09.0

Since securing seed funding in 2021, payload has grown into a space media hub with newsletters,

1:15.4

podcasts, research, and events.

1:17.9

The team is also expanding into other areas of coverage, most recently launching

1:22.2

Ignition, which focuses on nuclear energy.

1:25.6

On this episode, Islam, a former investment banker turned media entrepreneur, discusses the big

1:30.6

trends he's tracking for space and how payload is opening up opportunities

1:35.9

beyond the final frontier.

...

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