Payam Banazadeh went to the University of Texas at Austin, where he pursued a B.S in Aerospace Engineering. In 2012, he received the award for exemplary performance and outstanding leadership. He secured employment with NASA immediately after completing his undergraduate degree. Payam later proceeded for a master’s degree in Business Management from Stanford University after getting sponsorship from National Science Foundation.
At NASA, he rose to a leadership position where he worked as a lead flight systems engineer, which helped him win several awards, including the NASA Formulation Award and NASA Discovery Award. The experience he gained while working at NASA helped him develop his own company Capella Space.
The idea of Capella Space first came into Payam’s mind long before clearing his undergraduate after the case of the Malaysian Airlines Flight 370, which disappeared with passengers without a trace. The disappearance of the flight was an opportunity for creating a system that would monitor the earth’s system. The plane was flying from Kuala Lumpur to China. This occurrence inspired Payam Banazadeh to develop a solution that would provide answers to such issues in the future.
In partnership with his friend William Woods, Payam Banazadeh came up with an idea of satellite installation in Space. The satellites monitor and collect information used to make decisions in different areas of interest. Capella Space uses Synthetic Aperture Radar(SAR) technology to manage its data.
In 2017, Payam Banazadeh emerged as the winner for Forbes awards in the category of under 30 years innovators. His company has received recognition in Inc Magazine among the top companies globally that have brought significant changes. The latest achievement was the installation of Sequoia, a satellite system that Capella Space uses to monitor the activities on earth in detail. The collected data is transmitted directly to the company’s headquarters.