Tom Olson, Sunday, 9-23-12 September 24, 2012Posted by The Space Show in Uncategorized.
Tags: Business Plan Competition, Commercial Crew, commercial space, DC Angel Investors., Exodus Consulting Group, ITAR, Kickstarter., Mars solar sats, space scalable, Tom Olson
Tom Olson, Sunday, 9-23-12
Guest: Tom Olson. Topics: Exodus Consulting Group, space scalable investments. You are invited to comment, ask questions, and discuss the Space Show program/guest(s) on the Space Show blog, https://thespaceshow.wordpress.com. Comments, questions, and any discussion must be relevant and applicable to Space Show programming. Transcripts of Space Show programs are not permitted without prior written consent from The Space Show (even if for personal use) & are a violation of the Space Show copyright. Tom Olson returned as our guest to introduce us to the new Exodus Consulting Group (see http://exodus-consulting.com). In our first hour long segment, Tom introduced us to Exodus and the concept known as space scalable. He gave several examples of what was meant by space scalable, including referencing some of the contestants/winners in the last New Space Business Plan Competition. Tom also talked about the ISS and investor requirements for the more traditional types of space investments as compared to the considerations meeting the space scalable definition. In this discussion, Tom explained why the space scalable approach makes so much sense. See if you agree with him and let us know on the blog. The subject of space solar power and power sats at Mars came up with caller Marshall. Tom and I remained skeptical about closing a business case for SSP but Tom did offer to review SSP business plans if you send them to him. Please use firstname.lastname@example.org. There was some discussion about Tom’s drilling ideas on Mars.
In the second segment, we talked about the NewSpace Business Plan Competition planned for 2013. Tom talked about business plan competitions in general, contrasting most of them with the NewSpace competition. Tom talked about the funding, the cash prizes and the expanding connections to Silicon Valley. Later in this segment, we talked about Exodus timelines and a listener wanted to know what has happened with previous winners of the competition. Another listener emailed in a question about the risk of government regulation. Tom pointed out that ITAR was the biggest concern. We did talk about biotech, especially in the North Carolina Research Triangle, then we talked about crowd sourcing and Kickstarter. In his closing comments, Tom mentioned the Washington, DC Angel Investors. He closed pointing out the need for companies or individuals with plans to contact Exodus should they need $100-200K, have an 18-24 month exit strategy, and an ROI around 3-5X.
Please post your comments/questions on The Space Show blog. You can contact Tom Olson at the Exodus email address provided above.