Australian Sports Technologies Network (ASTN) and Outerspace Design announced the signing of a Memorandum of Understanding (MOU) to support local sportstech.
The ASTN-Outerspace Design MOU outlines a collaboration to jointly support local sportstech start-up and scale-up success, working collaboratively to enable early-stage businesses to bring their innovative technology-based product ideas for application in sport to market.
As leaders in design and engineering for new product development, Outerspace Design helps businesses from feasibility, concept and design all the way through to production and release.
Outerspace also specialises in working with medtech, agritech and automotive clients.
ASTN has a vibrant ecosystem to aid sportstech
ASTN is the governing body for sports technology and innovation and connects its ecosystem of organisations to celebrate, invest and facilitate growth in sports technology.
ASTN facilitates a wide range of programs and events including accelerator programs, masterclasses and business matching. The ASTN-Outerspace Design partnership is expected to drive collaboration between ASTN’s large member network and Outerspace Design’s client base amongst industry leaders in Australia and the United States.
Martin Schlegel, Director, ASTN was confident of the new relationship.
“Outerspace Design are product development experts with over three decades of experience.”
“Australian sportstech businesses will be able to tap into their knowledge base and benefit from the team’s expertise for developing innovative solutions for sports-related problems. Our startups will also be able to benefit from Outerspace Design’s international experience.”
Outerspace Design on signing MOU with ASTN
Dr David Menzies, Business Development & Commercialisation, Outerspace Design was delighted about the prospect of working with ASTN and what it meant for their global reach.
“ASTN’s large network of more than 2,500 organisations allows us to expand our reach and share our knowledge with Australian sportstech founders, entrepreneurs and startups.”
“By joining forces with ASTN we will help to strengthen the reputation and international standing of the Australian sportstech industry. We view this partnership with ASTN as a critical one for the acceleration of innovation in the local sportstech sector.”
“We have seen a large amount of growth in the sector from our US operations, with sportstech currently accounting for about 25% of our global client base.”
“We want to deploy that sector-specific know-how alongside ASTN to enable the Australian sportstech industry to grow and shine not just locally but globally as well.”