This project was submitted in the following language: English (en).

Opis projekta

ODYSSEUS is developing the best-in-class compact CYCLOPS optical transceiver, offering secured high bandwidth two-way communications for small satellites at an affordable price point.

The singularity of CYCLOPS is its unique 2nd stage pointing mechanism adapted from a space-qualified payload, enabling two-way communications by small satellites.
ODYSSEUS has globally licensed from Paris Observatory the IP and knowhow necessary to develop CYCLOPS and recruited former of its researchers to its team.
ODYSSEUS targets the communication systems market of the next generation of small satellites constellations, a market valued at up to 2.7 B€ by 2027.

Jordan Vannitsen


Dr. Jordan Vannitsen worked few years at the European Space Agency (ESA) where he coordinated seven European nanosatellite projects supported by the agency until their launch on the VEGA Maiden Flight and received the 2012 ESA Teamwork Award. He also was the system engineer of the European Student Earth Orbiter. He has then been project manager and system engineer of two nanosatellites of NCKU university in Taiwan during his PhD studies.

ODYSSEUS was established in Taiwan in April 2016 and is now moving its HQ to Luxembourg (within the Technoport incubator since February 2019). As an early success in EU, the firm won the award, a 500K€ ESA contract, with its CYCLOPS product. ODYSSEUS is now preparing for an A-round investment to develop its future activities in Europe while maintaining an Asian presence to ensure its global reach. CYCLOPS is part of ODYSSEUS long-term roadmap of developing key systems & technologies for allowing cheaper space resources prospection.

Prikaži više

Zemlja, regija

Luksemburg [Luxembourg]

Datum početka

srpanj 2019

Procijenjeni trošak projekta

2.7 milijuna EUR


Infrastruktura IKT-a, uključujući širokopojasnu mrežu

Istraživanje, razvoj i inovacije

Vlasništvo nad imovinom


Vrsta projekta

Postojeći (brownfield)

Status projekta

Zajamčeno djelomično financiranje

Odaberite vrstu prihoda


Očekivani broj novih radnih mjesta



Dostupan za preuzimanje

Gospodarska opravdanost / poslovni model

Available radiofrequency spectrum is becoming saturated leading to higher costs and significant risks of interferences and performance limitations for smallsat operators, while the demand for secured information with higher data rate increase. CYCLOPS thus targets the smallsats comms constellations market by solving these points. The target price is 165 K€ per unit with an initial production cost of 90 K€.
With economy of scale, it is expected to diminish the production cost per unit by an average of 5% per year (compared to the initial production cost) during the first 6 years of sale bringing a target production cost down to 63 K€ per unit. The target price has been chosen by analyzing different factors: typical allocated price for communication systems in small satellite mission, competition price and expected production cost.
By 2027, optical communications for small satellites should represent a market of at least 300 M€, representing at least 15% of the communication systems for small satellite market and where ODYSSEUS plans to be one of the top-3 optical communications providers targeting a 20% market shares generating revenues estimated at 60 M€.

Pojedinosti o financiranju

Zajamčeno financiranje projekta u iznosu od: 0.68 milijuna EUR (25 %)

Izvor financiranja: Privatni

ESA contract via the 2018 Award: 500K EUR (Additional 50-100K EUR under discussions) (Q3 2019 - Q2 2020).
Own financing via revenues generated by other ODYSSEUS activities: 100K EUR (Q3 2019 - Q2 2020).
Private investment and/or other European funding (EIC Accelerator, ESA ARTES): 2M EUR (Q3 2020 - Q4 2021).

Promotor je primio financijsku potporu / podnio zahtjev za financijsku potporu EU-a / EIB-a za ovaj projekt.

Postojeće ili moguće prepreke za realizaciju projekta / mogući rizici

Market readiness: Optical comms market for smallsats is currently not mature enough but will be in 2022/2023, when CYCLOPS will be commercialised.
Technical: Optical transceivers fitting smallsats not available yet on the market, mainly due to the complexity of handling ADCS systems with limited performance. ODYSSEUS solves this with its unique 2nd stage pointing technology.
Human Resources: Difficulties to find experts but ODYSSEUS already recruited engineers included from Paris Observatory.

Dodatne informacije o projektu

Competitors are currently investing mostly in optical link from Space to ground, and not for inter-satellites comms. This is due mostly to the complexity of optical comms between two moving satellites. This is also explaining why potential competitors of ODYSSEUS on the smallsat segment, like Space Inventor or TESAT are only focusing on the transmitting part of optical communication systems, while other competitors like MYNARIC or BRIDGESAT are focusing on larger satellites for the backbone of a larger constellation including UAVs and Ground Stations. Nevertheless, with the latest advancements in ADCS systems for smallsats combined with CYCLOPS unique state-of-the-art pointing capabilities, ODYSSEUS can tackle such challenge.

Objavljeno: 17/06/2019 | Posljednji put ažurirano: 17/06/2019

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