ParaLoon is on a mission to fuse space exploration with sustainable energy, aiming to bring green power beyond Earth’s atmosphere. Their goal is to develop a groundbreaking solar energy solution tailored for satellites and space assets, using an inflatable parabolic balloon as a key component. With a highly skilled team boasting diverse industry and research backgrounds, ParaLoon is at the forefront of innovation in the space industry.
While their main focus is on the space market, ParaLoon recognizes the importance of also developing earth-based markets for early revenue. This dual-market strategy ensures a balanced approach, allowing them to pursue their long-term vision of creating a Space-Based Solar Power network. By marrying technological advancement with environmental consciousness, ParaLoon is lighting the way towards a greener future, one orbit at a time.
Paraloon consists of a team of space enthusiasts that met during the challenge-based course “Space entrepreneurship” organised by the “European Institute of Innovation for Sustainability”. Together, we aspire to contribute to a sustainable and green future for our planet and beyond.