Pangalactic wins B2B start-up of the year.

It is with great pride that we get to announce that Pan Galactic Developments Ltd has won the Business to Business StartUp of the Year 2024 in our regions (The North East, Yorkshire and Humber).

Pan Galactic is a UK Space Business founded in Hull as part of the C4DI community, building the future of quantum secure blockchain technologies with a focus on how the benefits of this system could help satellite operators and others to have greater levels of security, increased accountability in processes and higher protections on data integrity.

Early partnerships include working with fellow UK StartUp Awards winner AS23.Space on powering the Nebula Data project with Pan Galactic Blockchain to operate a data centre on the International Space Station from early 2025 with support from Airbus Defence and Space and then expand to a constellation of RF and optically linked Low Earth Orbit Satellites.

Pan Galactic are part of the UK Space Agency Accelerator Eco system having graduated from the Explore programme and now completing the UK Space Agency Accelerator's LEO Programme facilitated in partnership with Exotopic and Entrepreneurial Spark.

Pan Galactic have been in business since early 2022 and have enjoyed additional support and advice from Space Hub Yorkshire,Satellite Applications Catapult,Frazer-Nash Consultancy, Deloitte, Innovate UK Edge and many more.

Recently Pan Galactic with a collection of partners became co-founders in D_Space (the Distributed Space Agency) and also The RSA (The royal society for arts, manufactures and commerce) space community 'Space4Space' which is the first Space community within the RSA's 270 year history.

Current work also includes working with partners Optimal Cities and PATT Foundation supported by the European Space Agency - ESA on work bridging Space data insights, sustainability action and Blockchain for smart planting and for the benefit of the environment and health based on deep data intelligence.

CEO and Co-founder Flow Collingwood LLB FRSA said:

"Space and satellite services contribute directly to 17.7% of the UK's GDP and so its exciting to be working on the bleeding edges of emerging technologies to help secure critical Space infrastructure for the future, and providing new functionality for businesses working in logistics, communications, data processing and finance.

Winning this award means a lot and it is great recognition to the hard work from the team going into the project. We are delighted to have won regionally, and also to be finalists being considered for the national title in September. These opportunities are really motivating on our journey, and show that we are building on the correct trajectory"

The StartUp Awards are supported nationally by Starling Bank, Airwallex , Chime Agency, Development Bank of Wales , EvaBuild Ltd, ForrestBrown Limited, GiftRound , GS1 UK , Join Talent, OVHcloud, Project Simply, ScoreApp , SFC Capital and Welsh Government,

Harriet Rees, CIO at Starling Bank says:

“Turning an idea into a successful business takes a lot of courage and dedication. Congratulations to Pan Galactic on winning their category in the North East, Yorkshire and the Humber and making it to this year’s UK national final. Start-ups need certainty to plan ahead. It’s great to see so many thrive, especially in these challenging economic times.”

Over 70,000 new firms were created in the North East, Yorkshire and the Humber in 2023 and according to Professor Dylan Jones-Evans OBE, creator of the awards, this demonstrates the growing importance of entrepreneurs to the regional economy.

He is also excited that the awards are, yet again, recognising the best new firms from Newcastle to York to Leeds and celebrating the amazing entrepreneurial talent from every corner of the region.

Professor Dylan Jones-Evans OBE said:

“Start-ups are the life of any economy and that is especially true in the North East, Yorkshire and the Humber where new businesses are contributing to job creation, innovation, and prosperity across the whole of this entrepreneurial region. It’s been an honour and a pleasure to read the stories of those founders who have spotted the opportunity and taken the risk to launch their own venture. All of the winners have demonstrated that they deserve to win their categories and I’m looking forward to having the ‘best of the best’ from the region competing at the UK final later this year”

As a regional winner in their category, Pan Galactic will now progress to the UK Startup Awards final being held at Ideas Fest on September 12th, dubbed ‘the Glastonbury for Entrepreneurs’