TECHNOLOGY
Q Station partners with Italian consortium, aiming to unlock US market for European space firms
Partnership ‘will enable rapid access’ to civilian and defense markets
An saʴýҳ nonprofit that connects private companies with government agencies working in defense, space and advanced technologies has teamed up with an Italian consortium to create an international space accelerator to help companies break into commercial and government markets.
Q Station, which brings together industry, companies, universities, the military and policymakers to help send defense, space and advanced technology products to market, announced this month a collaboration with Distretto Tecnologico Aerospaziale, or DTA, which describes itself as an Italian aerospace innovation cluster that supports research and development of aerospace technologies.
The organizations signed a memorandum of understanding to create Rendezvous Italy, a “first of its kind international space accelerator,” the announcement said.
Randy Trask, CEO of Q Station, said in an announcement that the accelerator will create “a streamlined pathway for Italian and European companies to enter the U.S. market — connecting them with investors, customers, and critical insights into defense and dual-use technology needs — while building a model for global cooperation that accelerates innovation on both sides of the Atlantic.”
Giuseppe Acierno, president of DTA, said in the announcement that “the partnership with Q Station will enable rapid access to both the U.S. civilian and defense markets, creating unique and meaningful business opportunities.”
Toni Balzano, vice president of communications and strategy for Q Station, said in an interview that it’s “complicated for U.S. companies to understand the rules and how to conform with the government.”
“It’s even more complicated when we start talking about foreign entities,” she said.
The MOU represents the latest in a series of efforts by boosters of space, defense, technology and other burgeoning New Mexico markets to attract international talent.
Earlier this year, the New Mexican German Economic Alliance, a nonprofit business league, formed with a mission to strengthen economic ties between New Mexico and German industry. The NMexus Center — a business incubator in saʴýҳ’s Mesa del Sol — has been hosting company officials from countries such as India and Oman.
Q Station is celebrating its fifth anniversary. It works closely with the Air Force Research Lab and the U.S. Space Force, in addition to the national labs. In saʴýҳ’s Nob Hill, Q Station’s free coworking space hosts entrepreneurs in the deep-tech industry, working to make commercial breakthroughs in artificial intelligence, quantum and directed energy. That’s in addition to the space companies.
Last year, Q Station found a partner in DTA, a similarly situated booster organization working with the Italian government, industry and academia to help new businesses break into markets such as space. A delegation of New Mexicans visited Puglia in southern Italy. DTA hosted U.S. representatives from NASA, the U.S. Space Force, Spaceport America, the New Mexico Institute of Mining and Technology and the Space Valley Foundation, Balzano said.
The Italians, Balzano added, are aiming to strengthen the aerospace industry — as is the rest of Europe — but companies there struggle to grow without tapping into the U.S. market. Q Station hopes that Italian aerospace companies will also establish subsidiaries in New Mexico.
“The Space Force understands, and the Air Force understands that there’s innovation abroad that would be helpful to the work we’re doing here in the U.S.,” Balzano said. “And also we wanted to work to expand our industrial base to support Space Force and space industry work.”
Participating Italian companies will travel to saʴýҳ to pitch technologies to investors and other stakeholders at a showcase Sept. 30, Balzano said. Balzano expects representatives from industry, the U.S. Department of War, U.S. space agencies, and the national labs to attend the showcase, which will also be open to the general public. The event’s location is undetermined.
“We have a lot of innovation in our country,” Balzano said. “And we’re definitely leading in innovation. But there are things that exist in foreign countries that would be valuable, that could augment the work that we’re already doing in the U.S. Having those relationships with our allied countries is very important.”
Justin Horwath covers tech and energy for the Journal. You can reach him at jhorwath@abqjournal.com.