LOS ANGELES, CA. (April 25, 2017)
Glacier Point will bring SwitchPitch, an engagement platform connecting startups with established agencies, companies and community groups, to the space industry during an event in Long Beach, Ca., on May 3, 2017. SwitchPitch Space is a role reversal event where established space companies and agencies pitch funded innovation projects to qualified startups looking for strong partners. Major players such as NASA, the U.S. Air Force, Lockheed Martin, Aerojet Rocketdyne and the Aerospace Industries Association (AIA) are attending in search of innovative ideas from the space startup world.
SwitchPitch aims to close the gap between big companies and startups by connecting the right people and the right projects while tearing down the barriers that keep established companies from creating innovation: lack of resources, understaffing and speed to market. With successful iterations previously held in cities around the globe, over 40 percent of projects presented at SwitchPitch events result in signed deals.
“The government and commercial space sector is witnessing an increase in the pace of technological change, and the landscape is diversifying, for example with the emergence of viable business models using small and cube sats. At Glacier Point we are developing business models for greater collaboration between non-traditional sources of technology and their larger counterparts in industry and government. Commercial startups bring new technologies, applications and ideas to the table, and are representative of how the space ecosystem is evolving,” said Jeff Ryder, Founder and CEO, Glacier Point.