May 10, 2022

Mission Space Awarded as Technology Pioneer by World Economic Forum

Luxembourg, Luxembourg 10 May 2022

Luxembourg, Luxembourg 10 May 2022 –Mission Space, the Luxembourg-based company that leverages AI and owns LEO instruments to measure space weather conditions, was selected among hundreds of candidates as one of the World Economic Forum’s “Technology Pioneers”. Mission Space was founded in Latvia by Ksenia Moskalenko, Artem Axelrod, Alexey Pospekhov, and Dmitry Axelrod to develop an advanced forecast and monitoring system for one of the highest priority natural hazards in the world - space weather radiation, focusing mainly on space observation from LEO and beyond.

The World Economic Forum’s Technology Pioneers are early to growth-stage companies from around the world that are involved in the use of new technologies and innovation that are poised to have a significant impact on business and society.

With their selection as Technology Pioneer, CEO Ksenia Moskalenko of Mission Space will be invited to participate at World EconomicForum activities, events, and discussions throughout the year. Mission Space will also contribute to Forum initiatives over the next two years, working with global leaders to help address key industry and societal issues.

“We’re excited to welcome Mission Space to our 2022 cohort of Technology Pioneers,” says Saemoon Yoon, Community Lead, Technology Pioneers, World Economic Forum. “Mission Space and its fellow pioneers are at the forefront of industries that are critical to solving some of our world’s most complex issues today. We look forward to their contribution to the World Economic Forum in its commitment to improving the state of the world.”

“It’s a true honor to be recognized as a pioneer by the World Economic Forum”, said Mission Space’s CEO Ksenia Moskalenko. “Space weather is a very important, yet underrated issue affecting global economies, and this selection is confirmation that our nanosatellite-based technology is among the most unique in the world to tackle the problem. We truly believe that our system will help industry leaders cope with space radiation threats and we look forward to contributing to the Forum dialogues on this challenge.”

For the first time, over one-third of selected Technology Pioneer firms are led by women, well above the industry average. The firms also come from regions all around the world, creating a truly global community. This year’s cohort includes start-ups from 30 countries, with Vietnam, Rwanda, and Czech Republic represented for the first time.

The diversity of these companies extends to theirinnovations as well. This year’s Tech Pioneer firms are shaping the future byadvancing technologies such as AI, IoT, robotics, blockchain, biotechnology andmany more. The full list of Technology Pioneers can be found here.

Technology Pioneers have been selected based on the community’s selection criteria, which includes innovation, impact and leadership as well as the company’s relevance with the World Economic Forum’s Platforms.

All info on this year’s TechnologyPioneers can be found here:
http://wef.ch/techpioneers22
More information on past winners, information on the community and the application link can be found here.

About Mission Space: Mission Space was founded in 2020 to offer space weather monitoring as a service. With data supplied by its constellation, Mission Space will provide data and analytics to government agencies in addition to establishing a cloud-based platform to help commercial satellite operators prepare for solar storms, assess risks and monitor radiation levels. MissionSpace plans to make its software model of the near-Earth radiation environment available in mid-2022, before launching its Aurora-1 detectors with EnduroSat in the fourth quarter of the year.

About World Economic Forum: The World Economic Forum, committed to improving the state of the world, is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. (www.weforum.org).

About the Technology Pioneers: TheWorld Economic Forum believes that innovation is critical to the future well-being of society and to driving economic growth. Launched in 2000, theTechnology Pioneer community is composed of early to growth-stage companies from around the world that are involved in the design, development and deployment of new technologies and innovations, and are poised to have a significant impact on business and society. TheWorld Economic Forum provides the Technology Pioneers community with a platform to engage with the public- and private-sector leaders and to contribute new solutions to overcome the current crisis and build future resiliency.