Space Initiatives Inc, a new start-up with a business model focused on the development and deployment of 50-gram femtosatellites in LEO. From conversations with NASA, DARPA and our partners in private industry, we feel that the femtosatellite market could rapidly grow into thousands of units launched per year, leading to a market in the tens of millions of dollars per year. (And, yes, we are very sensitive to the orbital debris problem such a launch rate could cause if debris mitigation is not planned into the deployments from the beginning.) The interest in distributed small space systems and in space systems exploiting the second quantum revolution is exploding, and the government is beginning to pour money into these two related areas. We will aggressively seek out government contracts to develop Quantum Metrology technologies and will use that to springboard development of products for commercial use.