At the age of 16 he created a picosatellite from his room in Madrid. Today your company is at the global forefront in IoT communications
While the majority of 16-year-olds were thinking and doing other things, it occurred to Julián Fernández (La Línea de la Concepción, Cádiz, 22 years old) create a 250 gram picosatellite from scratch. That project and that ambition changed his life and ended up causing him to found Fossa Systems in 2018. Today, six years later, we are faced with a leading company in this market that has things very clear and a spectacular projection. From Gran Vía to space. Fernández commented in a recent interview on RTVE how Fossa is the Spanish company that has launched the most satellites into space: currently there are 24 satellites. The project of his company – based on Madrid’s Gran Vía street – is to create a constellation of 80 small satellites. They have that many licensed, and all of them are specifically designed for communications with IoT devices. This is not a Starlink. Comparisons are odious, but often useful, and it is inevitable to look at Starlink, SpaceX’s satellite network. The latest versions of its satellites weigh between 800 and 1,250 kg, while Fossa’s nanosatellites do not exceed 6 kg. Starlink’s need huge solar panels because processing their broadband communications consumes a lot of energy, while Fossa’s use batteries that can last up to ten years. Nanosatellites for IoT. The focus is also very different, because Fossa’s nanosatellites have the mission of moving small packets of data in an ultra-efficient way. They are designed so that a sensor on an oil barrel, cow collar, or cargo container sends short, informative messages such as “pressure level OK” or “location: X.” They are totally designed for those short and critical communications in the Internet of Things. Spain is beginning to truly emerge. Fossa has already raised more than 12 million euros between private and public financing, has more than 50 employees and headquarters in Madrid and Portugal—and soon in Asia. They have become an absolute benchmark in their segment. and although at the moment they are launching with SpaceX, they hope to do so soon with PLD Spacethe other jewel in the Spanish aerospace crown: “Spanish satellites on Spanish rockets.” Satellite sovereignty. Fossa’s technology is being especially used in the defense sector: more than 80% of its turnover comes from this segment. As Fernández explained in that interview, “we cannot depend on the US for a technology as critical as satellite communication and sovereign and independent systems are needed.” A notable bet. The fact that Spain is, for the first time, the fourth European country that invests the most in space. Along with Poland it is the one that has increased its contribution the mostwhich now reaches 22,000 million euros. Hello, “New Space” model. Fossa has taken advantage of a new paradigm known as “New Space” in which from large space megaprojects we move to agile developments in which miniaturization and cost reduction is enormous. Fossa Systems is capable of creating a new satellite and putting it in space in six months, but that satellite also costs hundreds of thousands of euros, not tens of millions of dollars. There is another fundamental advantage: Fossa Systems does everything except the design and manufacturing of the semiconductors and the launch of the satellites. That verticalization, that “not depending on almost anyone” is another of its strengths. The future: satellites (somewhat larger)… and licensing. From that initial picosatellite of 250 g we have moved on to the current FOSSASat FEROX of about 6 kg, but the future involves manufacturing somewhat larger satellites of about 20 kg. They hope to complete their constellation of 80 satellites before 2030, and while they do so, Fernández has another objective that he will surely have no problem completing: obtaining his degree in telecommunications engineering at the Rey Juan Carlos University in Madrid, where he is currently pursuing that degree. In Xataka | PLD Space has a detailed plan to become Europe’s rocket factory. And the pieces have started to fit
