How to Start a Space Company with €2K | Thomas Sinn @ DCUBED

07/02/2025 1h 2min Temporada 1 Episodio 9

Listen "How to Start a Space Company with €2K | Thomas Sinn @ DCUBED"

Episode Synopsis

Thomas Sinn is the founder of DCUBED, which develops mechanisms and deployable structures that need to be small in rockets but big in space. In this episode of Rockets & Radars, Thomas shares their journey from 3D printing prototypes in a basement to shipping hardware to the International Space Station. While growing from a €2,000 prize to a multi-million euro company. D-Cube is making space hardware more accessible by building critical release devices and deployment mechanisms for satellites and space stations.Get intro to Thomas: https://brdg.app/s/5vhet4-----------------------------------------------Timestamps00:00 Introduction08:45 From Academia to Rocket Lab13:20 Starting with 3D Printed Parts18:30 Getting MIT as First Customer27:45 Patent Strategy & Working with IP Lawyers32:40 COVID Crisis & Basement Operations37:15 First Institutional Money40:20 How to find investors48:50 Preparing for Series A Round54:20 Short & Long Term Future Plans56:10 Rapid Fire Questions with Investors1:02:10 Final Advice for Space Founders-----------------------------------------------Episode Takeaways:1) Don't Be Too Secretive About Your Technology- Being too confidential can lose you opportunities- Focus on protecting processes/tolerances, not designs- "If you're too confidential about it... you've already lost the foot in the door"2) Go to Market Early with Imperfect Products- Launch at 80% readiness to get customer feedback- Early market validation is crucial- "Go advertising your products early... sometimes the market assessments we do are wrong"3) Build Your Website Immediately- First MIT customer found them through their website- Put information and pictures online even if not perfect- "Nobody knows what you're doing if you don't publish it somewhere"4) Choose Investors Based on Personal Fit- Getting an investor is "almost like a marriage"- Look for investors in similar companies' portfolios- Get references from other founders about investors5) Time Your Fundraising Strategically- Avoid summer and winter breaks- Aim to close in May/June or mid-November- "You need to consider summer break and winter break"6) Start Global from Day One- Space industry is inherently international- Don't focus only on local markets- "The space industry is global... there's a lot happening all around"7) Balance Visionary Goals with Practical Steps- Started with simple actuators before space manufacturing- Use current revenue to fund future innovations- "We always said we want to follow our dream to do something very big in space"

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