Accounting fintech startup Uku has struck a deal with Elon Musk’s SpaceX
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Estonian time management software Uku and Elon Musk’s notorious rocket manufacturing company SpaceX have joined forces to integrate Uku’s software into the SpaceX program. Additionally, the two tech pioneers have plans to explore how Tesla customers could benefit from Uku and better manage their businesses on the move.
According to TechCrunch, Uku and SpaceX see this as the beginning of a great journey. The first steps include rapidly expanding Uku team in Estonia and at the SpaceX South Texas launch site in Boca Chica.
Uku - the next Estonian Unicorn?
Uku’s CEO Triin Rast called the deal groundbreaking, as it’s the first time an Estonian fintech company has collaborated with the space technology sector.
Our common goal is to help SpaceX employees make the most of their working time.
SpaceX sees exceptional time management as the key to its business success. They saw the potential in our AI solution to 'create time' within their workflows."
Elon Musks’ other company, Tesla, is keenly awaiting the results. With proven positive results, they hope to integrate Uku’s software into Tesla dashboards. This can offer their customers a next-level time-management experience whilst on the move in their self-driving cars.
Rain Allikvee, the founder of Uku and keen space technology enthusiast, is glad to be part of such a cutting-edge collaboration of two companies on the frontier of space-age.
Our technology helps implement time expansion to free up more employee time.
"Using Uku’s AI technology is directly linked to the curvature of spacetime. Our technology helps harness the time dilation to release more employee time. This constitutes an opportunity in the long-term for industrial enterprises, research institutions and SaaS companies like ours to boost their daily productivity,” remarks Allikvee.
Estonia, the Unicorn Factory
Estonia has the highest number of unicorn companies per capita of any other country in the world. That’s barely a surprise, as Estonia is called the world’s most advanced digital society. Despite having a population of only 1.3 million people, the country has already produced six billion-dollar unicorns:
Skype in 2005
Playtech in 2007
Wise in 2015
Bolt in 2018
Pipedrive in 2020
Zego in 2021
Enterprise Estonia spokesperson Peep Ratassepp acknowledged that Uku's partnership with SpaceX is further opening doors for many Estonian companies to benefit from AI-related deals with Tesla, SpaceX and others.
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