Transplanetary Receives Investment from Deep Knowledge Ventures

Transplanetary, a Silicon Valley-based space development company, received an investment from Deep Knowledge Ventures (DKV), a Hong Kong-based venture capital fund.

The amount of the deal was not disclosed.

DKV has acquired a stake in the company and will work with it to develop SPOCK (Space Program Ontologically Computed Knowledge), a machine learning program capable of producing real-time analysis of the global space ecosystem, which it will use to make intelligent investment recommendations.

SPOCK will analyze publicly available data on over 1,000 organizations including commercial space companies, government space agencies, NGOs and academic research labs, which will feed into a new dynamic roadmap of space exploration and settlement enabling investors to identify the optimum investment targets, analysts to monitor industry growth, and industry professionals to target supply chain partners.

SPOCK joined DKV’s family of sector specific machine learning programs that already includes VITAL (Validating Investment Tool for Advancing Life Sciences), a system capable of making investment recommendations in the life science sector. Like VITAL, SPOCK will be able to provide intelligent investment recommendations, taking into account factors such as technological maturity and market outlook. DKV has already used VITAL to make several investment recommendations.

Transplanetary is currently developing an AI-powered web intelligence platform that will give space investors, commercial space community and space enthusiasts a real-time insight into the global space ecosystem.



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