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Non-Profit Foundation Initiated By KSF Space In The U.S.

March 30, 2021

KSF Space announced that they are now officially a United States non-profit and non-government organization and no longer a UK Space Foundation.

Dr. Kayyali, Chairman of the KSF Space Foundation, said, “This is a strategic step toward space innovation. The United States is offering the largest market on Earth for the space industry and space innovation with access to hundreds of startup companies and space entrepreneur organizations as well as companies, all combining to increase opportunities for today’s innovations by putting into place the correct framework, with the company then benefiting from an environment of invention and inspiration.”

The KSF Space Foundation co-founders and board of directors decided that moving the space activities of the foundation to the United States as the headquarters was a realistic approach to ensure the foundation will meet its goals of developing and operating their projects for space industry research and education for universities and colleges.

Recently, the KSF Space Foundation announced the world’s most inexpensive cubesat that is designed to facilitate the creation of a lower-cost cubesat class of satellites.

KSF Space Foundation was initially founded to enable cost-efficient access to LEO with zero-environmental impact. The foundation offers access to near-space and LEO for research and scientific experiments across many fields of endeavor.

Filed Under: Business Moves

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