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Space start-up wins for small satellite propulsion system

University of Auckland students are developing new satellite software that will simplify the process of sending satellites into space, according to a recent report.

More importantly, the start-up has just received a NZ$ 25,000 boost from the University’s entrepreneurship competition.

The students founded spaceflight systems start-up ZENNO Astronautics in 2017 with the aim of developing a propulsion system for small satellites as well as a suite of software for mission planning, development and operation.

Satellite software is lagging behind hardware in modularity and reusability. The start-up is developing applications which rest on its highly precise orbital mechanics simulator.

Thorough orbital path knowledge allows them to better understand how much solar power is available to a satellite, its internal heat flow, and expected lifetime.

The company is currently preparing a space debris mitigation plan for the first satellite to be launched by the University.

They are looking forward to acquiring flight heritage, strengthening their relationship with the New Zealand Space Agency, and facilitating space exploration nationally.

The NZ$ 25,000 prize that they have won in seed capital in the 2018 Velocity $100k Challenge will help them release their initial software product in 2019.

The Velocity $100k Challenge is the annual University of Auckland competition for emerging entrepreneurs. It is the country’s leading student-driven entrepreneurship programme.

Since its inception in 2003, alumni have launched more than 120 ventures, attracted over NZ$ 221 million in investment, created 600-plus jobs, and sold products and services into 37 countries.

This year a record of 95 teams entered the Challenge, which has a total prize pool of NZ$ 100,000 and is open to University students, staff and graduates.

The talent and passion that were seen from this year’s teams are truly exceptional. The Velocity community will follow these teams closely as they continue to develop their ideas to see what they will achieve.

The runner-up, which won NZ$ 15,000, is Electroclear. They are developing a permanent non-toxic solution involving ‘intelligent electronics’ to inhibit fouling organisms.

NZ$ 5,000 was given to Avasa, which simplifies microsurgery with a novel surgical device to help surgeons perform microsurgery exponentially faster with laser precision.

The same amount of NZ$ 5,000 was awarded to The Surgical Canary by H2Heal. The Surgical Canary is a medical device that monitors patients for leaks.

This promises to make surgery safer and cheaper for the millions of people who undergo bowel surgery every year.

All teams have also won entry to VentureLab, which is an incubator run by the University’s Centre for Innovation and Entrepreneurship, to further develop their ventures.

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Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

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SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.