
A key investor walked out on Tom Markusic when it mattered and Max Polyakov walked in.
Within 3 years of running his startup, Tom was in need of a lifeboat to save his company from bankruptcy.
He had over twenty years of experience in space technology. He had also contributed to some of the major space innovations of the 21st century. Yet, his own company was folding up.
Max Polyakov started out developing software and building IT start-ups. AlarIT Ukraine, Maxymiser, and Cupid place are some of the companies Max Polyakov started. As a businessman and philanthropist, Max Polyakov consistently contributes to the development of Technology and Science.
In 2015, he initiated the Vernadsky Challenge startup contest. This global contest provides a confluence of innovative ideas and improvements in STEM.
The finalists of the Vernadsky challenge are doing great things on the global scale as disclosed by Liga.net.
Without doubt, Max Polyakov is a force, and without him, Firefly Aerospace would not have been a reality.
How did he go from building IT startups to saving a bankrupt Space company?
How Did he Save Firefly Aerospace?
He is a Great Businessman
Good businessmen make profits from working businesses. Great businessmen make profits from developing values.
Firefly Space Systems was not making sales. Their services were unprofitable, people became skeptical.
But, who wouldn’t be skeptical when nothing is working?
However, Max Polyakov stepped in. And as a great investor, unlike other skeptical investors, he was able to recognize the value.
He saved the company from bankruptcy and got a new set of investors for the business. Firefly Space Systems was then renamed Firefly Aerospace.
He Kept The Founder Close
Having no investments did not mean that Tom Markusic did not know his onions. Max Polyakov understood that. The business lacked funds, not expertise.
Markusic understood the concept of making space travel affordable and improving space economy.
So, together they worked on assessing the Space market.
They studied what was working and what was not. They have made a lot of improvements and are ready to go to Space before the year runs out.
With Max Polyakov and Tom Markusic on board, Firefly Aerospace has taken an entirely new turn. The company is currently working on developing and launching two rockets, Alpha and Beta.
This is part of their renewed and effective plan on building more affordable and high performing space launching vehicle.
Firefly Aerospace is set to redefine space travel!
CONCLUSION
Max Polyakov was ready to go into the Space business sphere in 2017, but, he needed rockets. And an expert Markusic was going out of business, he was an expert and he had the rockets, but then, he needed funds to move forward.
Beyond a business decision, the revival of Firefly Aerospace is a merging of two Tech. Enthusiasts and revolutionists, Who are ready to take the world by storm.
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