In January 2018 LENA Space started a design innovation process into the commercialisation of space technology. The team were awarded a design foundation grant to explore commercialisation opportunities, applying design thinking with the support of industry leaders and co-funded by the UK’s innovation agency, Innovate UK.
Innovate UK is the UK’s innovation agency. It works with people, companies and partner organisations to find and drive the science and technology innovations that will grow the UK economy. For further information visit www.innovateuk.gov.uk.
LENA Space develops low-cost, fast to market rocket technology primarily for space launch systems. Our challenge is to creatively explore opportunities for commercialization.
This project ensures we are taking the right approach to embedding innovation into the business. Using the latest tools and techniques to ensure we are building with a customer-first philosophy. The unique market of space provides a great opportunity to creatively challenge existing business models and, in line with LENA’s vision, to accelerate space access by making innovative step-changes.
“We are excited about this opportunity from Innovate UK to further explore commercialization for LENA Space and seek innovative approaches to the growth of the business.”
Natasha Allden, Chief Commercial Officer, LENA Space.