about
Parametry, founded in 2021 by Dr. Redouane Boumghar, is a technology firm headquartered in Frankfurt, Germany, operating in the aerospace and defense industry. Dr. Boumghar, who serves as the CEO and Managing Director, has a background that includes roles as a researcher at the European Space Agency and the European Central Bank, as well as experience as a data scientist. His journey in the space industry, from satellite imagery to space operations, motivated him to establish the company. The company's primary focus is on decentralizing space traffic management to enhance safety and sustainability in Earth's orbit. Parametry is developing a decentralized autonomous organization (DAO) for space, creating a neutral and transparent registry for space assets. This system aims to automate collision avoidance negotiations and provide a framework for implementing and testing space policies. The platform uses blockchain protocols and machine learning to build a consensus on risk assessments among various stakeholders, including satellite operators, space authorities, and AI services. By registering assets on a blockchain, stakeholders can manage space traffic and prevent collisions, fostering transparency and fair negotiations without relying on single service providers. Parametry serves a range of clients, such as satellite operators, space agencies, and space lawyers. The company generates revenue through services like blockchain deployment, smart contract development, and cloud services. In addition to its core focus on space governance, Parametry has launched Celestical, a green and sustainable cloud infrastructure optimized by space engineers and deep learning experts. This service is designed to be more performant and energy-efficient. The company has received support and investments from organizations like the European Space Agency, Creative Destruction Lab, and TechQuartier. Keywords: space traffic management, decentralized autonomous organization, blockchain in space, satellite collision avoidance, space governance, Earth orbit registry, aerospace technology, sustainable space, space situational awareness, Dr. Redouane Boumghar, Celestical cloud, space DAO, satellite operations, space asset tracking, AI in space, European Space Agency, space policy framework, smart contract development, decentralized consensus, orbit sustainability — this profile has been compiled from public sources. The founders haven't yet claimed it.
technology & focus
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funding history
| Round | Amount | Date |
|---|---|---|
| Spin-out | Undisclosed | Jan 2021 |
team
Clemens Linnhoff
CTO
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