Who can I contact for further questions regarding application submissions and/or general questions?
For any additional questions you have that cannot be found here, please email firstname.lastname@example.org and stay tuned for updates on upcoming events that will shed more light on the upcoming program. Please be sure to include a link to your company’s website, a brief description of the technology you are working on, and anything else you think we may need to know so that we can better assist you.
Who is ASTRA opened to?
ASTRA is a program designed for pre-seed and seed startups and mature research projects in Israel who focus on space technologies.
Is the program virtual or in-person?
The program will provide a state of the art workplace in the Tel Aviv center area while providing workshops both online and in person.
How long does the program last?
3 to 7 months.
Does the program cost anything?
The program does not charge a fee for its support but ask for a small percentage equity (5%) to participate in the program. The “value” of ASTRA support is $120K per supported company.
Does ASTRA provide funding support?
Yes, the incubated company will have the option to receive an investment structured as a convertible note capped at $2M in exchange of equity in the startup. ASTRA will also prepare the founders to raise additional funds, and provide ample opportunities to market their technologies to key players in the ecosystem.
I am not building a rocket or spaceship, should I still apply?
Beyond things that fly, space is just another industry trying to adapt. Whether you’re developing a voice recognition system for schools, an image recognition tool for healthcare, or a testing tool for financial systems, we want to hear it all! Dual-use is what matters whether you’re seeking to work in energy or bring your algorithm into a heavily-regulated sector. Apply now and leave it to us to follow up and share incredible applications and use-cases with you.
What kind of mentors are you looking for?
Spacetech needs its designers and makers as well as its engineers and researchers. We love hearing from all walks of life anywhere in the world so yes, please register to join our mailing list for more details to come and hopefully find a good match for involving you in our activities.
What is the time commitment of the program?
Startups should be able to commit to 5-10 hours of focused time each week. There are approximately 1.5 hour of practical workshops each week plus weekly meetings with the ASTRA team and regular community/networking opportunities.
Can foreign (non-Israeli) projects/ startups apply?
The program’s scope is essentially national, without necessarily excluding foreign projects that would like to set up in Israel and create value for the local ecosystems.