Why are space VCs partnering with us? A couple reasons. One is because they're committing to eventually use our space pool application, which for space VCs diversifies risk, right? So, instead of putting a lot of capital into equity of a singular company, diversify that around infrastructure and asset investments, with what leads to one of the other reasons with shorter secondary event timelines.
Generally, if you're investing in equity in space, usually tends to be to like a 10-year liquidity event, it has to go public, whatever it may be, right? Very few space companies right now have a very active and liquid secondary market for private shares.
It's also very cumbersome and a manual process. I know because even with SpaceX secondary shares, which we're dealing with some deal flow right now, it's not the easiest thing ever, to be honest. So, they're also teaming up with us because we give their portfolio companies a platform and marketplace to exist on, okay? So, we teamed up last year with one of the space VCs we're teaming up with or have teamed up with is called Seldor Ventures.
They're an investor into loads of space names that you know, some you might not know. And we also teamed up with a graduate student at Columbia University. So, the GP of Seldor teaches at Columbia and there's graduate students just focused around kind of the business of space at Columbia.
So, we teamed up with them to release a academic paper, which the main focus of is our space pool solution. So, the paper analyzes tokenization of space ventures, liquidity structures from financing, secondary markets, risk distribution, and we just found out that the first version of it has been accepted to be presented at the International Astronautical Congress. This is one of the most respected global space forums.
It tends to be a little bit more, let's say, academically, scientifically driven. And after that, actually yesterday, we're working on a newer version, a little bit deeper dive version with formulas, et cetera, into it that will be submitted to leading academic journals in space. Okay.
So, we're getting institutional and academic recognition for what we're building at Copernicus Space. Okay. I'll keep you guys up to date around that.
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