Top 5 Up And Coming Tech Companies That You Should Know About

Up and coming tech companies
Credit: Gravity Industries

The world is moving at such a rapid pace that it can be hard to keep up with all the exciting developments in the world. We live in one of the most exciting times in human history:

Every day we wake up, there is a new technological marvel to appreciate in the news. Let us briefly go over the top 5 up and coming tech companies that we believe everyone should know about.

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These are the top 5 rising tech companies:

5. Sono Motors

We can’t even begin to imagine talking about ingenuity and engineering without talking about Germany. And Sono Motors delivers on the promise of excellent German engineering:

Sono Motors is an automotive startup in the heart of Bavaria in Munich. They’re making solar-powered electric vehicles a reality. Their first car to the market is the Sono Motors Sion.

The Sion has hundreds of solar cells integrated into the body of the vehicle itself. According to details published on the company’s website, the 248 solar cells that have been integrated into the body of the car can add on average 112 Km to the range of the vehicle each week.

And these specs aren’t just impressing investors; over 13,000 people have already booked their Sion. Sono Motors plans to release the first batch of the vehicles in 2023.

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4. Clime Works

In the world of technology companies fighting against climate change, one name keeps popping up, that is, Clime works:

Clime works is a Swiss company that specializes in Direct Air Carbon capture technology. So, what is Direct Air Carbon capture?

Well, one of the main reasons for exponential global warming is too much CO2 being released into the air. This CO2 then traps the heat inside the earth’s atmosphere. What if there was a way to ‘mine’ or ‘capture’ this CO2 from the air and then put it in the ground:

This is a very watered-down explanation of what engineers at Clime Works are doing.

They are using renewable energy to power these modular collectors that can be stacked into machines of any size and capture Carbon from the air.

3. Gravity Industry

You know about those personal jet suits that young kids and adults have been promised for decades, well, the Gravity industry might be on the cusp of making those personal jet suits a reality:

Gravity Industry is a British technology and aerospace company that is making working personal jets suits.

The suite consists of two mini jets attached to your arm that you use to control and navigate as you fly through the air at high speed.

The Gravity Industry’s MK.2 jet suit costs approximately $440,000, so it isn’t going to be as common as a Segway at your local mall. But maybe in a few years, a personal jet suit might be something an average joe can afford.

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2. Starlink

This telecommunication company is the brainchild of Elon Musk, and it aims to revolutionize how the internet and connectivity of the future will work.

Starlink aims to deploy a constellation of satellites in low earth orbit to provide high-speed internet to people anywhere in the world.

It sounds ambitious but Starlink has already deployed hundreds of satellites, and users that got early access to Starlink dishes have been reporting speeds of up to 150 Mbps while being in the middle of nowhere.

Once fully deployed, Starlink would become the largest telecom provider in the world. Nothing can remotely beat this since conventional broadband needs a network of fiber optic cables. And other wireless solutions require you to be near a cell tower.

1. Rocket Lab

Rocket Lab is an interesting company. Much like SpaceX, it is a private space company, but unlike SpaceX, it is targeting a totally different customer base:

Rocket Lab specializes in small satellites launches. What that means is that companies that need to launch their small satellites usually had to wait for big launches to hitch a ride with them since a small company couldn’t alone cover the cost of a launch.

This is the segment that Rocket Lab is targeting.

A cheap and cost-effective rocket called the Electron was their first launch vehicle. Each of their launches costs less than $5-million. Compare this to larger rocket launches that can cost up to $60-million.

The Electron can deliver almost 100 Kg into earth’s low earth orbit (LEO), perfect for companies looking to get their satellites up and running for cheap. They don’t also have to depend upon other big launches and can launch on their own schedule.

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