On May 22nd, 2023, Type5 VC successfully hosted their second annual Space Tech Summit in Tel
Aviv Israel. The summit was attended by an array of esteemed speakers, including key
stakeholders from the local Israel space tech sector, top global executives, leading professors,
and other global space tech leaders. The event highlighted a wide variety of areas including
cutting-edge innovative technologies, the evolution of the space economy, recent scientific
discoveries, and more.
The summit opened with remarks from the former Director General at the Ministry of
Innovation, Science, and Technology, Government of Israel, Hilla Haddad Chmelnik, and President of the Manufacturers’ Association of Israel, Ron Tomer (Ph.D.), setting the tone for an event brimming with high-level insights.
The one-day conference consisted of high-level panel discussions encompassing a variety of key
topics such as the challenges and innovations in Low Earth Orbit (LEO) SATCOM, the
implications of cyber threats in space, the prospect of a $1 trillion market in space, and the
emerging area of services in space. Other insightful panels touched on quantum
communication in space, the captivating science of black holes, and their connection to
technological developments.
Complementing the panels were inspiring talks by leaders in their respective fields. These
included a comprehensive overview of Ultrasat, an Israeli observational satellite for astronomical
exploration, a stimulating discussion on the fusion of blockchain technology in space
operations, and an in-depth review of Artificial Intelligence (AI) in satellite management. A
special online session by Prof. Avi Loeb, former head of the Astrophysics department at Harvard
University, focused on the Galileo Project, shedding light on the instrumental role of AI and
image analysis in modern space research.
The summit also addressed significant global issues like climate change and its correlation with
the space sector. The event concluded with the SpaceTech Awards 2023, recognizing and
celebrating the remarkable strides and accomplishments in the space tech industry over the
past year.
Type5’s 2023 Space Tech Summit was a great success. The thoughtful discussions and
presentations sparked interest and provided valuable insights into the field. Attendees left with
a greater understanding of current trends and developments, looking forward to what the
future might hold in space tech
