Space Entrepreneurship Group Passes Baton

by Space Frontier Foundation on May 26, 2010

Online Community for Entrepreneurs Finds New Home

Space Investment Summit, Chicago, IL (May 26, 2010) – The International Association of Space Entrepreneurs (“IASE”), an online community focused on promoting global entrepreneurship in space ventures, today announced that it has entered into an agreement with the Space Frontier Foundation to turn over ownership and active management of its web properties.

“This is an exciting time for IASE and for space entrepreneurs around the world,” explained IASE founder and chairman Guillermo Söhnlein.  “We originally started IASE with the hope that eventually one or more of the larger and longer established space organizations would focus on supporting entrepreneurs, and Space Frontier Foundation has clearly taken a leadership role in this regard.  We are genuinely delighted to hand off stewardship of our online resources to such a dedicated and professional organization, which we know will take it to the next level.”

For the past few years, IASE has been building a number of online properties aimed at helping space-focused entrepreneurs across the globe connect, communicate, and collaborate with each other.  These include a proprietary social network (www.spaceentrepreneurs.org), as well as Facebook, LinkedIn, and other groups.  Effective immediately, the Space Frontier Foundation will take over ownership and management of all IASE properties.

“Given our long-standing support of the space entrepreneur community, we are pleased to add IASE’s online communities to our growing set of offerings focused on helping entrepreneurs,” said Space Frontier Foundation executive director Will Watson.  “This is a strategically significant deal for us, because it allows us to supplement our various offline resources with online components.”

The Space Frontier Foundation plans to dedicate considerable resources to evolving the former IASE properties by adding functionality, expanding geographic reach, recruiting new members, and increasing community activity.  It will also tie in the online community closely with its existing events, conferences, business plan competitions, and other offline resources for entrepreneurs.  In particular, the Foundation will leverage its partnerships with student groups, such as the Students for the Exploration and Development of Space (“SEDS”) to actively engage entrepreneurship-minded youth.

Under the terms of the agreement, IASE will also transfer ownership of its brand and various logos, as it winds down operations as an independent entity.

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ABOUT IASE

Founded in 2003, the International Association of Space Entrepreneurs (IASE) is a 501(c)(6) non-profit organization focused on promoting global entrepreneurship in space ventures.  IASE has successfully organized educational and professional networking events for entrepreneurs interested in space-related ventures, as well as the entire entrepreneurial community, including space technologists, operators, investors, educators, and government officials.  In 2008, IASE transitioned to a virtual model, creating an online community designed to connect space entrepreneurs around the world.

To find out more please visit www.spaceentrepreneurs.org/about.

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