Heinlein Business Plan Competition

The Space Frontier Foundation and the Heinlein Trust are happy to announce the winners of this year's NewSpace Business Plan Competition:

1st Place - Flagsuit, LLC
2nd Place - Syntiant
Honorable Mention - Santa Clara Satellite Solutions

This year's winner, Flagsuit LLC received a $5,000 cash prize courtesy of the Heinlein Trust and will have the opportunity to present at Space Investment Summit 7 on September 30th in Boston. Flagsuit will also have the opportunity to present at the next Space Angels Network event, and courtesy of FundingPost.com will receive a three month membership to their website, 2 tickets to any one of 15 VC conferences held nationwide annually (including attendance in their workshop), and the FundingPost Developed publications, "How to Raise Your First Million Dollars."

Flagsuit, LLC Company Description:

Affordable spacesuits will transform the emerging private spaceflight industry by making it practical for humans to utilize cheap access to space. Flagsuit LLC is seeking funding to develop a hyperbaric (pressurized) suit with excellent mobility at a price that enables affordable spacesuits. The same product will fill a non-space consumer need for a mobile chamber for hyperbaric oxygen therapy, creating a convenient way for people to treat and prevent disease. By pursuing both markets, risk from low early demand in the emerging spaceflight market is mitigated, positive cash flow is reached sooner, and Flagsuit becomes well positioned to deliver space qualified hyperbaric suits once that market solidifies.

The Space Fontier Foundation extends a warm "Thank You" to all of this year's contestants!

  • Aeronautic Enterprises
  • Aerospace Technologies
  • Flagsuit, LLC
  • Next Giant Leap
  • NoumeniaCS
  • PD Aerospace
  • Santa Clara Satellite
  • Syntiant
  • Thunderbird Communications

If you have a business plan that you would like considered for the NewSpace 2010 Business Plan competition, please check back often for updates on next year's schedule and submission deadlines.