Space Tango and Bangalore-Based Aeolus Ltd. Announce Agreement

SpaceTango

 

 

 

 

FOR IMMEDIATE RELEASE
31 October 2014

Space Tango and Bangalore-Based Aeolus Ltd. Announce Agreement

Space Tango, Inc., headquartered in Lexington, Kentucky, announced today that it has entered into an agreement with Aeolus Aero Tech Pvt. Ltd., based in Bangalore, India, to collaborate in the rapidly growing global entrepreneurial space marketplace. Aeolus Aero Tech, led by its Managing Director RajaGuru Nathan, also recently and successfully completed the Space Business Accelerator Program involving Space Tango.

Through this Agreement the two companies will advance and commercialize space technologies. Together they will explore and pursue micro-satellite development and R&D opportunities under microgravity on the International Space Station (ISS). Further, the two companies will invest their efforts in the area of education to prepare young minds in space-related areas to help develop the needed talent force for tomorrow.

“Aeolus Aero Tech is an innovative and growing company with a solid team of engineers and entrepreneurs. We are excited about the potential of this collaboration in India and the US,” said Kris Kimel, Chairman of Space Tango.

Space Tango, Inc. strategically utilizes space to discover, design and commercialize innovative solutions for application on Earth. It is also the commercialization partner of Kentucky Space.

Aeolus Aero tech Pvt. Ltd., based in Bangalore, India, is a research-to-product company that provides turnkey technical solutions and products in the field of avionics and space sectors. It is the first Indian private company to develop COTS products for CubeSat and related microsatellite missions.

For additional information, contact Kris Kimel at kkimel@spacetango.com or 859-229-6161.

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Women’s Business Summit: Reaching for the stars

89 Lunch tables Pictured left: Ellie Puckett who gave a presentation on how to avoid being your own barrier at the Women’s Business Summit in Campbellsville, KY

Recently the Kentucky Innovation Network was asked to provide a speaker to the Women’s Small Business Summit hosted by the Women’s Business Center of Kentucky in Campbellsville, KY. The Innovation Network suggested they have Ellie Puckett of Rowan County, KY speak. Below is an interview with Ellie about this event.

IN:   Ellie, how old are you and why did you think that you could give advice to other women at this conference?

Ellie:  I’m 23, but I’ve tried to take the right steps so that I can be in control of my future since I was very young. I thought that my journey might be of interest to others.

IN: Was it of interest?

Ellie: Yes. You see, my story started like many of theirs. I was competitive and always wanted to do more and excel. I moved to Rowan County to go to school on an athletic scholarship. I’ve always been competitive, but I knew my future would involve starting something and not be limited to athletics. I enrolled in the first entrepreneurship degree program offered by Morehead State. While in school, I competed at Idea State U, the statewide business plan competition that the Innovation Network hosts each year and awards $100K in prize money.

IN: OK, so you started a business that was entered in the Idea State U competition?

Ellie: No, but that gave me the foundation I needed. Education, coupled with the teamwork skills I honed in athletics, my aggressiveness, and a little luck, led me to what I am doing now.

IN: How so?

Ellie: First, I headed to California, perhaps like lots of others looking for the gold in the Golden State. But what I learned is that people are people and that I didn’t need to move and give up friends and family to do what I wanted. So, I moved back. I was working at a small business while I was looking for the right opportunity and a bit of luck came my way. By the way, I think that the harder you work, the luckier you get.

IN: What happened?

Ellie:  Someone who remembered me from Idea State U asked if I wanted a job on a new project. While this was not an actual startup, it was working with others who had ideas about startups. I thought I knew about startups, but it’s different when you are actually in one. So, I had to use what I had learned to help others. One of the companies I was working with ended up asking me to join them. It turns out that this company fascinates me.

IN: Tell us about them.

Ellie: Well, this company is developing technology that will be deployed on the International Space Station and will perform research for others in microgravity that is focused on finding medical solutions for us here on earth.

IN: Uh, what? You lost me.

Ellie: I know, I lose everyone here. I have the neatest job ever. I have found some brilliant people right here in Appalachia who have a fantastic idea, lots of people helping them, access to funding, and a huge new untapped market.

IN: How on earth (pun intended) did you get the job?

Ellie: Well, this is what people should pay close attention to and this was the subject of my talk in Campbellsville.

I had been doing a few very specific things that propelled me here and gave confidence to the decision makers around me.

1. taking risks

2. being aggressive

3. not making excuses

4. breaking down the barriers

5. creating opportunities

IN: So, you’re a rock star now?

Ellie: No I haven’t arrived but I am in the position now to be incredibly successful, which is more than I could say last year. The difference wasn’t luck, but rather deciding to not be my own barrier. Try many things and don’t be afraid of things not working out. Most things won’t. But having the courage to explore beyond your frame of reference allows you to look beyond the sky, and land near the stars.  Growing up I thought that phrase was cheesy until I lived it out. Now I find myself running a Space Science accelerator, and transitioning into the VP of Sales, Marketing, and Brand Management at this startup, and selling research labs on the International Space Station. I am literally among the stars.

IN: Wow, I can see why they liked you at the seminar. Thanks Ellie!

68 Entrepreneur Class

 

Owensboro company puts ‘all of our focus’ on making Ebola drug

jpatton1@herald-leader.comOctober 14, 2014 Updated 17 hours ago

Read more here: http://www.kentucky.com/2014/10/14/3480289_owensboro-facility-turned-over.html?rh=1#storylink=cpy

Information from: Lexington Herald-Leader www.kentucky.com

6AwvW.AuSt.79In this undated photo provided by Kentucky BioProcessing, tobacco plants are grown in a controlled environment at the Kentucky BioProcessing facility in Owensboro, Ky. The company is using tobacco plants grown at this facility to help manufacture an experimental drug to treat patients infected with Ebola. (AP Photo/Kentucky BioProcessing)UNCREDITED — ASSOCIATED PRESS

Read more here: http://www.kentucky.com/2014/10/14/3480289_owensboro-facility-turned-over.html?rh=1#storylink=cpy

Kentucky BioProcessing, the Owensboro company that grew the ZMapp compound given to two American Ebola survivors, has gone into full-scale production of the drug.

The plant has put all other projects on hold, said David Howard, spokesman for Reynolds American, which owns the contract production facility that grows pharmaceuticals in a special kind of tobacco plant.

“All of our focus is solely on ZMapp production,” Howard said Tuesday.

Kentucky BioProcessing reconfigured its production plans in early August, he said, and it now has more of the ZMapp compound grown for Mapp Biopharmaceutical.

“We’re hoping our efforts can help expedite the drug approval process,” Howard said.

Quantities have been sent to government agencies for testing, but so far, no more ZMapp has been requested to treat individual patients infected with the deadly virus that has killed more than 4,000 people, including one man in Texas.

Two Americans, Dr. Kent Brantly and Nancy Writebol, recovered from Ebola after being given the ZMapp drug.

Brantly has donated blood to help Nina Pham, a nurse in Texas who contracted the disease after treating Liberian victim Thomas Eric Duncan, who died Oct. 8 in Dallas.

According to Mapp Biopharmaceutical’s website, the existing supply of ZMapp was used up in August. Representatives of the company did not respond to calls for comment.

“August 12, 2014 at 8:30 AM — The available supply of ZMapp has been exhausted. We have complied with every request for ZMapp that had the necessary legal/regulatory authorization,” a statement on the website said. “It is the requestors’ decision whether they wish to make public their request, acquisition or use of the experimental drug. Any decision to use ZMapp must be made by the patients’ medical team. Drug has been provided at no cost in all cases.”

It’s uncertain whether the ZMapp helped cure Brantly or Writebol, who were among the first humans to receive it. But it has shown promising results in testing in primates and mice, curing most of them even after they showed signs of infection.

In September, Health and Human Services announced that it had issued an 18-month contract with Mapp Biopharmaceutical for as much as $42.3 million for “the development and manufacturing of the medication ZMapp toward the goal of U.S. Food and Drug Administration approval.”

“While ZMapp has received a lot of attention, it is one of several treatments under development for Ebola, and we still have very limited data on its safety and efficacy,” Dr. Nicole Lurie, assistant secretary for preparedness and response, said in a news release. “Developing drugs and vaccines to protect against Ebola as a biological threat has been a long-term goal of the U.S. government, and today’s agreement represents an important step forward.”

As part of the project, Mapp Biopharmaceutical is manufacturing a small amount of the drug for early-stage clinical safety studies and non-clinical studies needed to demonstrate the drug’s safety and efficacy in people. Mapp Biopharmaceuticals also will work with the government on the manufacturing process, increasing production yields and the scale of manufacturing.

It takes several weeks to make the compound, which includes three monoclonal antibodies, which is then put into the tobacco plants to replicate, Howard said Tuesday.

“The plants have to grow, then the proteins are extracted and purified,” Howard said. “It potentially takes two months or a little longer to produce.”

Kentucky BioProcessing has hired more people and has filled its 32,000-square-foot manufacturing plant with tobacco plants growing ZMapp, he said.

“Right now, that’s our sole focus,” Howard said. “We would expect to do it as long as it takes.”

Janet Patton: (859) 231-3264. Twitter: @janetpattonhl.

Read more here: http://www.kentucky.com/2014/10/14/3480289_owensboro-facility-turned-over.html?rh=1#storylink=cpy

 

 

That’s Manufactured in Kentucky???

StateSeal_1Color
Commonwealth of Kentucky
Cabinet for Economic Development
Old Capitol Annex
300 West Broadway
Frankfort, KY 40601

Contact
Joe Hall
502.564.4886

That’s Manufactured in Kentucky???

From Hot Pockets to bowling balls to engagement rings, Kentucky produces it all

FRANKFORT, Ky. (Oct. 8, 2014) – Did you know Kentucky is home to the largest peanut butter production facility in the world? That’s just one of thousands of products made in Kentucky

While Kentucky is widely known for automobiles, bourbon and award-winning thoroughbreds, the Commonwealth is a melting pot for manufacturing.

Kentucky is home to more than 4,000 manufacturers, representing 220,000 jobs.

Last year alone, more than 200 manufacturers announced new locations or expansions in the state. These projects are expected to create nearly 7,500 jobs and $2.2 billion in new investment.

“From some of the world’s most popular foods, to everyday household items to some of the ultimate symbols of luxury, Kentucky’s manufacturing industry is extremely diverse,” said Gov. Steve Beshear. “It’s simply amazing how many products that improve our lives are made in the Commonwealth.”

To celebrate October being National Manufacturing Month, Kentucky wants to call attention to some of the well-known – and not so well-known – products made in the Commonwealth. Here are some of the more surprising products being manufactured statewide:

JIF: It takes 188 billion peanuts to produce the amount of peanut butter made at the JIF (J M Smucker) plant in Lexington.

Post-it Notes: Invented in 1968, America’s familiar yellow “sticky note” is manufactured by the 3M Company in Cynthiana.

Bowling Balls: Ebonite bowling balls and equipment are manufactured in Hopkinsville.

Hot Pockets: The popular snack food is made by Nestle Prepared Foods in Mt. Sterling.

Houseboats: Designated as the “Houseboat Capital of the World,” Kentucky is the birthplace of the first houseboat in 1953. Today, the boating industry contributes more than $826 million a year to Kentucky’s economy.

Tiffany engagement rings: Tiffany & Co., in Lexington, produces the classic six-prong engagement ring and other pieces of fine jewelry.

Truffles for the stars: Every guest attending the 86th Academy Awards received a box of truffles handmade by Art Eatables, a Kentucky Proud business in Louisville.

Professional sports equipment: Life Fitness, in Falmouth, is the premier athletic equipment manufacturer for all MLB and NFL teams, numerous NHL and NBA teams, many college athletics programs and the U.S. military.

Reynolds Wrap: All Reynolds Wrap aluminum foil is produced in Louisville, which is where it was founded in 1919.

Playing cards:The United States Playing Card Company, in Erlanger, produces and distributes the nation’s favorite brands of playing cards, including Bee, Bicycle, Aviator and Hoyle.

Disco Balls: 90 percent of all disco balls made in the U.S. are manufactured by Omega National Products in Louisville.

For more information on Manufacturing Month, visit www.kam.us.com.

Information on Kentucky’s economic development efforts and programs is available at www.ThinkKentucky.com.Fans of the Cabinet for Economic Development can also join the discussion on Facebook or follow on Twitter. Watch the Cabinet’s “This is My Kentucky” video on YouTube.

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 The Kentucky Cabinet for Economic Development is the primary state agency in Kentucky responsible for encouraging new jobs and investment in the state. New capital investment announced in Kentucky in 2013 totaled more than $3.3 billion, spurring more than 14,000 projected new jobs. Information on available industrial properties, workforce development assistance, incentive programs, community profiles, small business development and other economic development resources is available at www.ThinkKentucky.com.

What do zombies, bourbon, coding and jazz all have in common?

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Zombies, bourbon, coding … psychology, philosophy, science … jazz performed by Wynton Marsalis? What do all these thing have in common? Idea Festival!

Just TRY to imagine a more interesting three days in all of Kentucky (or across the country) than October 1, 2, and 3, 2014! IdeaFestival, now in its 12th year, is a hub for creative thinking — and the Kentucky Innovation Network couldn’t be more proud to be the presenting sponsor of this fantastic event.

It’s difficult to explain exactly what IdeaFestival IS. There are talks, yes. There are lunches, and receptions, and concerts. But it’s also about connection, spontaneity, pop-up dancers and amateur singers testing out their pipes in a made-on-the-spot recording booth. And let’s not forget about the art.

The Kentucky Innovation Network is here at the festival with a team of Directors from all 13 locations across Kentucky – and they are ready to listen. Do you have a great business idea? Do you need a kick-start? What stands between your vision and your reality?

Let them help you make a business plan. You’ll get a free tee and, when the plan is turned in (by Friday at 5:30 p.m.) you’ll be entered to win an iPad.

While mulling over your plan, make sure you check out the incredible lineup of speakers at IdeaFestival. Join the conversation on Twitter using #InnovateKY and #IF14.

The Network believes that every idea is worth it—let’s hear yours.

Hope Reese


www.hopereese.com