The rapid surge in consumer demand for mobility, connectivity and content has fundamentally changed the space industry. Space, as the ultimate vantage point, is a necessary destination to connect 55 percent of the world that does not have access to the internet. With miniaturization of technologies, capabilities that until now required large satellites the size of a bus with a billion-dollar price tag are being challenged by small satellites that are 12 inches long and weigh only 9 pounds. When constellations of 24 to 800 of these small satellites are established in low Earth orbit, the world will enjoy global WiFi, maritime connectivity, real-time navigation maps, precise weather forecasts, virtual reality in space and more. Continue reading
Have you ever heard the story of David and Goliath? The old tale tells of how the young David defeated the mighty giant Goliath with daring and clever methods instead of traditional ones. At ReVibe Energy, we’ve been inspired by the story.
Now, we’re not aiming to triumph over our competitors using the same means David used against Goliath, but rather to attract potential customers through innovative and agile methods. By using engineering simulation software from ANSYS we can distinguish ourselves from our competitors and offer current and prospective customers better products in a shorter amount of time.
If you do a quick Google search, you will find many articles and resources that offer tips on creating a solid funding pitch. For the purpose of this blog, I am referencing Chance Barnett, CEO of CrowdFunder, who has raised millions in angel and venture capital, and seen thousands of company pitches on his company’s website. (You can find all his recommendations and download his pitch deck template.)
But, I want to highlight how an entrepreneur could add simulation to their pitch deck to strengthen their message and add credibility to the proposed project. Continue reading
According to Forbes magazine, 90 percent of startups fail. The ANSYS Startup Program aims to fix this. With new, worldwide startups numbering in the hundreds of thousands annually (exact numbers depend on what source you use) that seems like a lot of very disappointed entrepreneurs to me.
On the opposite side of the coin, we have all heard the now famous story of Apple being born in a garage in Cupertino, CA and growing to be one of the most valuable technology companies in the world. But did you know that Disney, Harley Davidson, Hewlett-Packard, and Yankee Candle Company also got their start in someone’s garage? ANSYS too, was a startup. The company’s humble origin began in a farmhouse as Swanson Analysis Systems, Inc. (SASI) in 1970. Continue reading