Yearly Archives: 2020

News: Quibi says it will shut down in early December

  • October 22, 2020
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Quibi is shutting down — we know that much for sure. But when? If you’re looking to blast through all 25 episodes of the Reno 911 revival series before Quibi calls its quits, how long do you actually have? While it seems even Quibi isn’t 100% certain yet, they’ve at least now given users a

Quibi is shutting down — we know that much for sure.

But when? If you’re looking to blast through all 25 episodes of the Reno 911 revival series before Quibi calls its quits, how long do you actually have?

While it seems even Quibi isn’t 100% certain yet, they’ve at least now given users a rough idea of when they expect the plug to be pulled: early December.

As spotted by Variety, a newly published support page on the Quibi site says streaming will end “on or about December 1, 2020.” The ‘about’ suggests that the shutdown date isn’t fully locked quite yet, but it should be sometime around then.

Will any Quibi shows find their way over to Netflix, Hulu, etc? That’s still up in the air, too. “At this time we do not know if the Quibi content will be available anywhere after our last day of service,” the company writes in a note on the same page.

News: Extra Crunch Partner Perk: Get 6 months free of Zendesk Support and Sales CRM

  • October 22, 2020
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We’re excited to announce an update to the Extra Crunch Partner Perk from Zendesk. Starting today, annual and two-year Extra Crunch members that are new to Zendesk, and meet their startup qualifications, can now receive six months of free access to Zendesk’s Sales CRM, in addition to Zendesk Support Suite, Zendesk Explore and Zendesk Sunshine.

We’re excited to announce an update to the Extra Crunch Partner Perk from Zendesk. Starting today, annual and two-year Extra Crunch members that are new to Zendesk, and meet their startup qualifications, can now receive six months of free access to Zendesk’s Sales CRM, in addition to Zendesk Support Suite, Zendesk Explore and Zendesk Sunshine.

Here is an overview of the program.

Zendesk is a service-first CRM company with support, sales and customer engagement products designed to improve customer relationships. This offer is only available for startups that are new to Zendesk, have fewer than 100 employees and are funded but have not raised beyond a Series B.

The Zendesk Partner Perk from Extra Crunch is inclusive of subscription fees, free for six months, after which you will be responsible for payment. Any downgrades to your Zendesk subscription will result in the forfeiture of the promotion, so please check with Zendesk first regarding any changes (startups@zendesk.com). Some add-ons such as Zendesk Talk and Zendesk Sell minutes are not included. Complete details of what’s included can be found here.

News: Daily Crunch: Facebook Dating comes to Europe

  • October 22, 2020
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Facebook’s dating feature expands after a regulatory delay, we review the new Amazon Echo and President Donald Trump has an on-the-nose Twitter password. This is your Daily Crunch for October 22, 2020. The big story: Facebook Dating comes to Europe Back in February, Facebook had to call off the European launch date of its dating

Facebook’s dating feature expands after a regulatory delay, we review the new Amazon Echo and President Donald Trump has an on-the-nose Twitter password. This is your Daily Crunch for October 22, 2020.

The big story: Facebook Dating comes to Europe

Back in February, Facebook had to call off the European launch date of its dating service after failing to provide the Irish Data Protection Commission with enough advanced notice of the launch. Now it seems the regulator has given Facebook the go-ahead.

Facebook Dating (which launched in the U.S. last year) allows users to create a separate dating profile, identify secret chats and go on video dates.

As for any privacy and regulatory concerns, the commission told us, “Facebook has provided detailed clarifications on the processing of personal data in the context of the Dating feature … We will continue to monitor the product as it launches across the EU this week.”

The tech giants

Amazon Echo review: Well-rounded sound — This year’s redesign centers on another audio upgrade.

Facebook adds hosting, shopping features and pricing tiers to WhatsApp Business — Facebook is launching a way to shop for and pay for goods and services in WhatsApp chats, and it said it will finally start to charge companies using WhatsApp for Business.

Spotify takes on radio with its own daily morning show — The new program will combine news, pop culture, entertainment and music personalized to the listener.

Startups, funding and venture capital

Chinese live tutoring app Yuanfudao is now worth $15.5 billion — The homework tutoring app founded in 2012 has surpassed Byju’s as the most valuable edtech company in the world.

E-bike subscription service Dance closes $17.7M Series A, led by HV Holtzbrinck Ventures — The founders of SoundCloud launched their e-bike service three months ago.

Freelancer banking startup Lili raises $15M — It’s only been a few months since Lili announced its $10 million seed round, and it’s already raised more funding.

Advice and analysis from Extra Crunch

How unicorns helped venture capital get later, and bigger — Q3 2020 was a standout period for how high late-stage money stacked up compared to cash available to younger startups.

Ten Zurich-area investors on Switzerland’s 2020 startup outlook — According to official estimates, the number of new Swiss startups has skyrocketed by 700% since 1996.

Four quick bites and obituaries on Quibi (RIP 2020-2020) — What we can learn from Quibi’s amazing, instantaneous, billions-of-dollars failure.

(Reminder: Extra Crunch is our membership program, which aims to democratize information about startups. You can sign up here.)

Everything else

President Trump’s Twitter accessed by security expert who guessed password “maga2020!” — After logging into President Trump’s account, the researcher said he alerted Homeland Security and the password was changed.

For the theremin’s 100th anniversary, Moog unveils the gorgeous Claravox Centennial — With a walnut cabinet, brass antennas and a plethora of wonderful knobs and dials, the Claravox looks like it emerged from a prewar recording studio.

Announcing the Agenda for TC Sessions: Space 2020 — Our first-ever dedicated space event is happening on December 16 and 17.

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 3pm Pacific, you can subscribe here.

News: Here’s why Intel’s stock just dropped 10% after reporting earnings

  • October 22, 2020
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The third-quarter earnings cycle is just getting underway, but we’ve already seen a few companies post numbers that investors did not like. Netflix missed on several metrics yesterday and was punished, and today Intel is joining the video streaming giant in stock-market purgatory. Intel shares are off around 10% in after-hours trading after the chip

The third-quarter earnings cycle is just getting underway, but we’ve already seen a few companies post numbers that investors did not like. Netflix missed on several metrics yesterday and was punished, and today Intel is joining the video streaming giant in stock-market purgatory.

Intel shares are off around 10% in after-hours trading after the chip company reported its Q3 data. Investors had expected Intel to report an adjusted $1.11 in per-share profit, off around 22% from the year-ago period. They also expected it to report revenues of $18.26 billion in Q3, down a more modest 5% compared to the year-ago Q3.

Notably, Intel beat revenue expectations with top line of $18.3 billion, and met earnings-per-share estimates of $1.11, on an adjusted basis.

So, why are Intel shares sharply lower?

Quick consensus appears to point to weakness in the company data-focused business unit, the smaller of Intel’s two halves (the other focuses on PC chips). Inside the data-side of Intel, its Data Center Group (DCG) had mixed results, including cloud revenue growth of 15%. However, at the same time, the DCG’s “Enterprise & Government” business shrank 47% compared to the year-ago period, following what Intel described as “two quarters of more than 30 percent growth.”

Off that weakness, the resulting top line miss was sharp, with the market expecting $6.22 billion in revenue and DCG only delivering $5.9 billion.

Intel blamed COVID-19 for the weak economics conditions at play in the result. The company also highlighted COVID-19 when it discussed results from its internet of things business and memory operation, which declined 33% and 11% on a year-over-year basis, respectively.

Perhaps due to COVID-19’s recent resurgence in both North America and Europe, investors are concerned that the macroeconomic issues harming Intel’s growth could continue. If so, growth could be negative for a longer period than anticipated. That perspective could have led to some selling of Intel’s equity after the earnings report.

Could guidance have a part to play in Intel’s share price decline? Probably not. Better than what it reported for Q3 2020, Intel’s forward guidance shows a small revenue beat versus expectations, and a small profit beat as well. Intel forecasts revenues of $17.4 billion for Q4 2020 and adjusted earnings per share of $1.10, while the street was looking for $17.34 billion in top line and adjusted earnings per share of $1.06.

Given that Intel is prepped to best expectations in Q4, it’s hard to pin its share-price declines on guidance. That leaves the weakness in its data business as the most obvious culprit.

It is dangerous to over-describe why a stock or a group of stocks move at any given time. But in this case, it seems plain that the revenue miss inside Intel’s data business was at least a portion of why it shed value. As to whether the company’s COVID-19 notes are valid is up to you and how you handicap the broader economy.

News: Quibi’s shortform life

  • October 22, 2020
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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. Myself, along with Danny and Natasha had a lot to get through, and more to say than expected. A big thanks to Chris for cutting the show down to size. Now, what did we get

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines.

Myself, along with Danny and Natasha had a lot to get through, and more to say than expected. A big thanks to Chris for cutting the show down to size.

Now, what did we get to? Aside from a little of everything, we ran through:

Whew! It was a lot, but also very good fun. Look for clips on YouTube if you’d like, and we’ll chat you all next Monday.

Equity drops every Monday at 7:00 a.m. PDT and Thursday afternoon as fast as we can get it out, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.

News: HBO Max hits 28.7M subscribers in Q3, but few are over-the-top

  • October 22, 2020
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AT&T painted a rosy picture of HBO Max adoption during the company’s earnings report on Thursday. Despite not being available on Roku, one of the top streaming platforms in the U.S., AT&T said new HBO Max activations more than doubled from second-quarter levels, reaching 8.6 million in Q3. In total, 28.7 million customers were eligible

AT&T painted a rosy picture of HBO Max adoption during the company’s earnings report on Thursday. Despite not being available on Roku, one of the top streaming platforms in the U.S., AT&T said new HBO Max activations more than doubled from second-quarter levels, reaching 8.6 million in Q3.

In total, 28.7 million customers were eligible to stream their HBO Max subscription by the end of the quarter, the company said.

Of these, 25.1 million came from “wholesale” agreements — meaning a pay TV provider of some kind, like Comcast, Charter, Verizon [TechCrunch’s parent], or AT&T’s own DirecTV, for example. But only 3.625 million were direct “retail” subscribers.

Combined, both HBO and HBO Max topped 38 million subscribers in the U.S. and 57 million worldwide. The 38 million figure put the company ahead of its previously announced year-end target of 36 million, the report said.

However, AT&T’s numbers alone don’t paint a true picture of who’s really watching HBO Max content.

AT&T touts its quarterly “activiations” without clarifying that only a small portion of customers are choosing to sign up for HBO Max directly by paying $15 per month for a subscription. A larger portion are simply becoming eligible to watch the streaming service through their existing HBO subscriptions — but many haven’t yet signed in and actually streamed.

In fact, some significant portion of these 8.6 million new “activations” may not yet even know that HBO Max exists — especially if the service is unavailable on their favorite streaming platform, like Roku. Or they may know it exists but can’t find it on Roku, so they think it just hasn’t launched.

Roku finally took this issue into its own hands, and is now working around the stalled negotiations by adding support for AirPlay 2 on its newer devices. This will give Apple customers a way to stream from apps that haven’t launched on the Roku platform itself.

AT&T also said it’s continuing to invest in HBO Max, having poured around $600 million in the service during Q3, bringing its investment to $1.3 billion for the year so far. And it’s on track for an estimated investment of $2 billion by year-end.

The company also said consumer engagement on the new platform was doing well, up nearly 60% from HBO Now levels. But it offered few other metrics of success, other than saying its “library” titles have been “performing incredibly strong” with its customer base. In addition, only 1 or 2 pieces of leased content have made it into the HBO Max top 10, but AT&T admitted it could have launched with a stronger slate of original programs.

On the product side, AT&T said it would be pushing out software updates every 45 days to improve the user interface and usability of the app. And it’s still on track to launch an advertising-supported version of the service (AVOD)  in 2021, as planned, and expand internationally.

“AVOD not only allows us to broaden the offering [and] the amount of content we put on the platform,” explained AT&T CEO John Stankey, “it allows us to hit a different price point and attract different segments of the market and as a result of that we think that will be an important market expansion capability for us,” he said.

 

 

 

 

News: Uber drivers sue company alleging coercive Prop 22 advertising

  • October 22, 2020
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Uber is facing a class-action lawsuit over Proposition 22 that alleges the company is illegally coercing its drivers to support the ballot measure that seeks to keep workers classified as independent contractors. The suit was brought forth by two Uber drivers, Benjamin Valdez and Hector Castellanos, as well as two California nonprofit organizations, Worksafe and

Uber is facing a class-action lawsuit over Proposition 22 that alleges the company is illegally coercing its drivers to support the ballot measure that seeks to keep workers classified as independent contractors. The suit was brought forth by two Uber drivers, Benjamin Valdez and Hector Castellanos, as well as two California nonprofit organizations, Worksafe and Chinese Progressive Association.

“Let’s be absolutely clear,” David Lowe, an attorney for the plaintiffs, said in a statement. “Uber’s threats and constant barrage of Prop 22 propaganda on an app the drivers must use to do their work have one purpose: to coerce the drivers to support Uber’s political battle to strip them of workplace protections.”

In the suit, provided by The New York Times reporter Kate Conger, the plaintiffs argues Uber has encouraged its drivers and delivery workers to support Prop 22 via the company’s driver-scheduling app.

“Uber’s solicitations have the purpose and effect of causing drivers to fear retaliation by Uber if they do not support Uber’s political preference and may induce many drivers to falsely state that they support being deprived of the rights that California law guarantees to statutory ’employees,’ the suit states.

This group says it also plans to file legal claims against Uber, Lyft, Instacart and DoorDash with the California Labor Commissioner.

“This is an absurd lawsuit, without merit, filed solely for press attention and without regard for the facts,” Uber spokesperson Matt Kallman said in a statement to TechCrunch. “It can’t distract from the truth: that the vast majority of drivers support Prop 22, and have for months, because they know it will improve their lives and protect the way they prefer to work.”

Prop 22 is the most-funded campaign in California’s history. To date, the Yes on 22 side has put north of $185 million into the initiative. Uber, Lyft and DoorDash are the biggest contributors on the yes side. Meanwhile, the No on 22 campaign has contributed $12,166,063.

News: 3 reforms social media platforms should make in light of ‘The Social Dilemma’

  • October 22, 2020
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The industry needs to change to create more engaged and genuine spaces for people to connect without preying on human psychology.

Jason Morgese
Contributor

Jason Morgese is the founder and CEO of Leavemark, the first ad-free, data storage and social media hybrid.

“The Social Dilemma” is opening eyes and changing digital lives for Netflix bingers across the globe. The filmmakers explore social media and its effects on society, raising some crucial points about impacts on mental health, politics and the myriad ways firms leverage user data. It interweaves interviews from industry executives and developers who discuss how social sites can manipulate human psychology to drive deeper engagement and time spent within the platforms.

Despite the glaring issues present with social media platforms, people still crave digital attention, especially during a pandemic, where in-person connections are strained if not impossible.

So, how can the industry change for the better? Here are three ways social media should adapt to create happier and healthier interpersonal connections and news consumption.

Stop censoring

On most platforms, like Facebook and Instagram, the company determines some of the information presented to users. This opens the platform to manipulation by bad actors and raises questions about who exactly is dictating what information is seen and what is not. What are the motivations behind those decisions? And some of the platforms dispute their role in this process, with Mark Zuckerberg saying in 2019, “I just believe strongly that Facebook shouldn’t be the arbiter of truth of everything that people say online.”

Censorship can be absolved with a restructured type of social platform. For example, consider a platform that does not rely on advertiser dollars. If a social platform is free for basic users but monetized by a subscription model, there is no need to use an information-gathering algorithm to determine which news and content are served to users.

This type of platform is not a ripe target for manipulation because users only see information from people they know and trust, not advertisers or random third parties. Manipulation on major social channels happens frequently when people create zombie accounts to flood content with fake “likes” and “views” to affect the viewed content. It’s commonly exposed as a tactic for election meddling, where agents use social media to promote false statements. This type of action is a fundamental flaw of social algorithms that use AI to make decisions about when and what to censor as well as what it should promote.

Don’t treat users like products

The issues raised by “The Social Dilemma” should reinforce the need for social platforms to self-regulate their content and user dynamics and operate ethically. They should review their most manipulative technologies that cause isolation, depression and other issues and instead find ways to promote community, progressive action and other positive attributes.

A major change required to bring this about is to eliminate or reduce in-platform advertising. An ad-free model means the platform does not need to aggressively push unsolicited content from unsolicited sources. When ads are the main driver for a platform, then the social company has a vested interest in using every psychological and algorithm-based trick to keep the user on the platform. It’s a numbers game that puts profit over users.

More people multiplied by more time on the site equals ad exposure and ad engagement and that means revenue. An ad-free model frees a platform from trying to elicit emotional responses based on a user’s past actions, all to keep them trapped on the site, perhaps to an addictive degree.

Encourage connections without clickbait

A common form of clickbait is found on the typical social search page. A user clicks on an image or preview video that suggests a certain type of content, but upon clicking they are brought to unrelated content. It’s a technique that can be used to spread misinformation, which is especially dangerous for viewers who rely on social platforms for their news consumption, instead of traditional outlets. According to the Pew Research Center, 55% of adults get their news from social media “often” or “sometimes.” This causes a significant problem when clickbait articles make it easier to offer distorted “fake news” stories.

Unfortunately, when users engage with clickbait content, they are effectively “voting” for that information. That seemingly innocuous action creates a financial reason for others to create and disseminate further clickbait. Social media platforms should aggressively ban or limit clickbait. Management at Facebook and other firms often counter with a “free speech” argument when it comes to stopping clickbait. However, they should consider the intent is not to act as censors that are stopping controversial topics but protecting users from false content. It’s about cultivating trust and information sharing, which is much easier to accomplish when post content is backed by facts.

“The Social Dilemma” is rightfully an important film that encourages a vital dialogue about the role social media and social platforms play in everyday life. The industry needs to change to create more engaged and genuine spaces for people to connect without preying on human psychology.

A tall order, but one that should benefit both users and platforms in the long term. Social media still creates important digital connections and functions as a catalyst for positive change and discussion. It’s time for platforms to take note and take responsibility for these needed changes, and opportunities will arise for smaller, emerging platforms taking a different, less-manipulative approach.

News: Netflix launches a virtual HBCU boot camp with Norfolk State to increase exposure to the tech industry

  • October 22, 2020
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Netflix is going back to school. Working with Norfolk State University, the alma mater of one of the company’s senior software engineers, and the online education platform, 2U, Netflix is developing a virtual boot camp for students to gain exposure to the tech industry. Starting today Netflix will open enrollment for 130 students to participate

Netflix is going back to school.

Working with Norfolk State University, the alma mater of one of the company’s senior software engineers, and the online education platform, 2U, Netflix is developing a virtual boot camp for students to gain exposure to the tech industry.

Starting today Netflix will open enrollment for 130 students to participate in a 16-week training program beginning in January.

That program will be divided into three tracks — Java Engineering, UX/UI Design and Data Science. Experts from Netflix will work with 2U to design each track and all courses will be led by faculty from Norfolk State University and feature guest lecturers from the tech industry, the company said.

Members from the company’s data science, engineering, and design teams will serve as mentors — including Norfolk State alumnus Michael Chase.

Netflix will foot the bill for students accepted into the program, and they’ll get course credit for completing the boot camp, the company said.

“The goal is for participants to come away better equipped with industry-relevant skills to enter today’s workforce and with valuable, long-lasting relationships,” Kabi Gishuru, the company’s director of Inclusion Recruiting Programs wrote in a statement. “As we continue to invest in building the best service for our members, we want to invest in the best team to support it. Creating space in the industry for all voices will only make it stronger.”

News: Announcing the Agenda for TC Sessions: Space 2020

  • October 22, 2020
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TC Sessions: Space is happening this December 16 and 17 – our first ever dedicated space event. This is a live, virtual two-day conference featuring the most important people in the space industry, across public, private and defense. We’re thrilled to be hosting NASA Administrator Jim Bridenstine, Rocket Lab CEO and founder Peter Beck, U.S.

TC Sessions: Space is happening this December 16 and 17 – our first ever dedicated space event. This is a live, virtual two-day conference featuring the most important people in the space industry, across public, private and defense.

We’re thrilled to be hosting NASA Administrator Jim Bridenstine, Rocket Lab CEO and founder Peter Beck, U.S. Space Force Chief of Space Operations General Jay Raymond, Lockheed Martin VP and head of civil space programs Lisa Callahan and many more. In addition to the firesides and panel discussions of the virtual stage, the event will also include networking, startup presentations, and the chance to connect with attendees from around the world.

Below, you’ll find the official agenda for TC Sessions: Space. It’s a packed two days already, but we’ve got some extra surprises in store, so keep an eye on the agenda over the coming weeks for more great speakers and sessions we’re adding.

If you want to be a part of this event, you can grab a ticket to get exclusive access to watch these sessions live (with access to video on demand), network with the innovators changing the space industry, discover the hottest early-stage companies, learn how to score grants for your space company, recruit talent or even find a job with an early-bird ticket for just $125. And we have discounts available for groups, students, those active military/government employees and for early stage space startup founders who want to give their startup some extra visibility.

AGENDA

Wednesday, December 16

Asteroid Rocks and Moon Landings with Lisa Callahan (Lockheed Martin Space)

From robots scooping rockets from the surface of galaxy-traveling asteroids, to preparing for the return of humans to the surface of the Moon, we’ll cover all aspects of scientific and civil exploration of the solar system.

From Space Rock Returns to Financial Returns – An investor panel with Chris Boshuizen (DCVC), Mike Collett (Promus Ventures), and Tess Hatch (Bessemer Venture Partners).

Some investors spend a lot of their time looking to the stars for the next venture capital opportunity. It’s a market unlike any other, but does that change the math on equity-based investment?

Building Up a Business Looking Down at Earth with Payam Banazadeh (Capella Space), Peter Platzer (Spire Global), Rafal Modrzewski (ICEYE)

How Earth observation is one of the real moneymakers in the space category and what’s ahead for the industry.

Networking Break

With our virtual platform, attendees can network via video chat, giving folks the chance to make meaningful connections. CrunchMatch, our algorithmic matching product, will be available to ensure you’re meeting the right people at the show, as well as random matching for attendees who are feeling more adventurous.

Sourcing Tech for Securing Space with Lt. General John Thompson (United States Spaceforce)

Lt. General Thompson is responsible for fostering an ecosystem of non-traditional space startups and the future of Space Force acquisitions, all to the end goal of protecting the global commons of space. He’ll talk about what the U.S. is looking for in startup partnerships and emerging tech, and how it works with these young companies.

Launching a Launch Startup with Tim Ellis (Relativity Space) and Chris Kemp (Astra)

The launch business is booming, but besides SpaceX and Rocket Lab, there isn’t anyone far enough along to truly capitalize in terms of new space startups. We’ll talk to the founders of companies hoping to be next in line.

Taking Entrepreneurship to the Moon, Mars and Beyond with James Bridenstine (NASA)

NASA is going back to the Moon – this time to stay. The agency has made tremendous progress towards this goal under Administrator Bridenstine, who will join us to talk about how they’re taking private partners with them this time around, including a lot of startups.

Thursday, December 17

Public-private Partnerships in the Domain of Space Defense with General Jay Raymond (United States Space Force)

Hear from the head of the U.S. Space Force what it takes to secure an entirely new war-fighting domain, and how the newest branch of the U.S. military will be looking to private industry to make it happen.

The TechCrunch Desk 

Hang with us at the TechCrunch Desk to catch up on what you may have missed from across the show and a preview of what’s to come.

From Idea to Orbit with Peter Beck (Rocket Lab)

Rocket Lab has quickly become one of the most sought-after launch providers in the world. Founder and CEO Peter Beck will discuss the company’s approach to making space more accessible, from cheaper, faster launches to its new satellite platform.

Bridging Today and Tomorrow’s Tech with Meagan Crawford (SpaceFund) and J. Christopher Moran (Lockheed Martin Ventures)

Corporate VC funds are a key source of investment for space startups, in part because they often involve partnerships that help generate revenue as well, and because they understand the timelines involved. We’ll talk about how they fit in with more standard venture to power the ecosystem.

How to Get the Air Force to Buy Your Stuff with Will Roper (United States Air Force)

We’ll be talking about the best ways to understand what the Air Force needs and how to sell it to them.

Ground Control to Major Tom with John Gedmark (Astranis), Ben Longmeir (Swarm Technologies), and Mina Mitry (Kepler Communications)

Data connectivity and communications are key to commercial space monetization and the strategic plans for further space exploration and development. Hear from the key players about the state of play in the industry.

In Space, No One Can Change Your Oil – Yet with Daniel Faber (Orbit Fab) and Ron Lopez (Astroscale)

Once a spacecraft is in orbit, it’s on its own – but what if it could be refueled, repaired, refurbished, and if necessary, retired? OrbitFab founder Daniel Faber and Astroscale U.S President Ron Lopez will discuss how in-space operations could upend today’s engineering and business models.

 

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