About ComSpace
Comspace offers interim executive management, advisory, and early stage private equity investment to aerospace, wireless / mobile telecom, and information technology firms.

We have decades of seasoned experience in senior executive management, new venture investment, operations, business development, technical services, and finance, which is focused to provide companies a wide range of support at their early and growth stages. Companies can work with Comspace in a variety of ways, including short- and long-term executive management assignments, strategic and operational advisory and consulting engagements, partnering, and direct investment.

Founded in 1997, Comspace has succeeded in building emerging growth technology companies through its management services and investment expertise. The rapid pace of technological change, the emergence of new market ideas, and the cyclic environment for investment capital require integrated business knowledge and experience. Comspace keeps abreast of the global trends affecting technology business to provide its clients and portfolio companies with the best chance to thrive.

“Companies can work with Comspace in a variety of ways, including short- and long-term executive management assignments, strategic and operational advisory and consulting engagements, partnering, and direct investment.”

Our Services
Offering interim executive management, strategic and operational advice, and private equity investment to aerospace, wireless/mobile telecom, and information technology firms.

Advisory

Our team proGroup of Multiethnic Busy People Working in an Officevides focused strategy and operational advice to a wide variety of product and services companies throughout their life cycles; from startup and emerging growth, through to mature or in turnaround. Unlike large consulting firms, Comspace quickly provides its clients the most efficient and cost-effective guidance without layering inexperienced people on a project. Because the Comspace team has direct operational and management experience in many functions of technology business, firms can use us to solve current problems and avoid costly strategic mistakes. Our advisory experience spans Fortune 500 companies, Government task forces, venture capital firms, small business startups, and international joint ventures. We have unparalleled relationships with legal, accounting, and venture capital firms that provide value-added networks for our clients. Our close affiliation with law and accounting firms is especially valuable for technology firms seeking legal and accounting specialists in Telecommunications, Aerospace, IT, and Export Control law.

Example services to clients have included:

  • Strategic and business planning
  • Financial planning, capital creation, mergers and acquisitions
  • Infrastructure development
  • Legal, technical, and financial service referrals
  • Market assessments
  • Program management planning
  • Corporate restructuring
  • Strategic partnering and joint venture creation

Executive Management

We provide highly skilled and experienced executives on a short and intermediate term basis to our clients. Our principals and associates have dozens of years of senior-level experience in a wide range of functions. We understand entrepreneurial, growth, and turnaround technology ventures covering all aspects of P&L, strategy, operations, financing, product development, business development, domestic and international marketing, commercial and government sales, R&D, and executive staff recruitment. Our team has successfully managed companies from their early stages through multiple rounds of capital, initial public offerings, and growth. Our experience as Fortune 500 company managers, complex legal and financial transaction specialists, and board members provide invaluable support for our clients on a focused basis.

Select engagements have included:

  • Managing Director of a Central Europe wireless telecommunications infrastructure provider
  • Startup President of a space launch vehicle services company
  • Startup CEO and CFO of a joint venture for satellite data services
  • Venture Investment Director for an international private equity group
  • Interim CEO and Board Member for a wireless vehicle tracking and messaging firm
  • Development and Sale Preparation CEO for a software and database firm
  • Turnaround COO for a media distribution company
  • Turnaround CEO of a broadband services firm

Private Equity Investment

iStock_000078857471_SmallComspace has invested in a portfolio of companies at the leading edge of their fields. This portfolio is supplemented by the Comspace Fund, a private equity fund designed to invest in seed and early stage telecommunications, aerospace, and information technology companies. We and our investment partners typically co-invest $50,000 to $500,000 of equity or debt in firms with proprietary positions, strong management, and high growth potential. The Fund management helps its portfolio companies with value added services, advisors, and executive management expertise.

Select Portfolio Investments:

  • CEL Polska – A national microwave wireless broadband data network provider. Sold to Formus Communications
  • eLink Communications – Multi-tenant building ISP. Acquired by Eureka Networks.
  • Fiberight – Converter of waste products into biofuels
  • Give More Media, Inc. – Web publisher of ideas and inspirational content
  • Global Radio – European developer of satellite radio system
  • Knight – Hub Computing – A regional Internet service provider. Sold to CAIS Internet.
  • Peracon – First online commercial real estate environment.
  • Technikom Polska – Exclusive ORBCOMM® satellite-based tracking and messaging services in Poland.
  • Tracer Net – GPS tracking and messaging for specialty vehicle fleets. Acquired by Trimble Navigation.
  • Tucana Technologies, Inc. – Provider of patented software database: Acquired by Northrop Grumman
  • Wall Steet Sports – Internet sports entertainment. Acquired by Sandbox Entertainment.
MANAGEMENT TEAM

Michael W. Miller, Founder and Managing Director, has over 35 years experience in the aerospace, telecommunications, information, and high technology industries as a venture capitalist, CEO, entrepreneur, and operational manager for several small and Fortune 500 firms. He led technology investments  as a Managing Director and Venture Partner for the venture funds of a $1B private equity firm. As CEO, he successfully built into emerging growth companies TracerNet and Arc Second. He also has held senior executive positions with Rockwell International, Orbital Sciences’ founding team, and the Center for Innovative Technology. He has worked with dozens of firms as an advisor and board member in developing their businesses and in creating innovative financial and operational strategies. Mr. Miller holds an MBA with a concentration in Finance from the University of Chicago and degrees in Aeronautical and Astronautical Engineering and Electrical Engineering from the University of Illinois.

Thien-Ly Ngo, Managing Director Mobile Solutions, leads Comspace efforts in wireless/mobile telecom advisory services and investment evaluation. She has over 15 years of experience in global telecommunications solutions and business management. She has consulted with both domestic and international clients in mobile device technology, telecom fraud management strategy, and global expansion. Thien-Ly has a Bachelor of Science in Electrical Engineering from General Motors Institute with an emphasis in Communications Systems, a Master of Science in Telecommunications from George Mason University with special studies in Wireless Communications Systems, and training in global business management.

CONTACT US

    OUR WORK
    A few highlights of our engagements...

    Tachyon, Inc.

    International Satellite Internet Provider

    Investment Management and Board Member

    United Start

    International Launch Vehicle Joint Venture

    Executive Management

    Columbia Accident Investigation Board (NASA)

    Independent Assessment

    Commercial Orbital Transportation Services (NASA)

    Independent Program Assessment 

    National Aeronautics and Space Administration (NASA)

    Strategic advisory, independent analysis.

    Managing Director

    Placed the Managing Director of a Central Europe wireless telecommunications infrastructure provider.

    Wall Steet Sports

    Internet sports entertainment, which was acquired by Sandbox Entertainment.

    Portfolio Investment
    Acquired

    Space Angels Network

    Advisory Board Member

    Give More Media, Inc.

    Web publisher of ideas and inspirational content.

    Portfolio Investment
    Active

    Venture Investment Director

    We placed a Venture Investment Director for an international private equity group.

    Tucana Technologies, Inc.

    Provider of patented software database

    Executive Management, Acquisition Support

    Startup CEO and CFO

    We provided a Startup CEO and CFO of a joint venture for satellite data services.

    CEL Polska

    A national microwave wireless broadband data network

    Portfolio Investment
    Acquired

    Interim CEO and Board Member

    Provided management for a wireless vehicle tracking and messaging firm.

    Tracer Net

    GPS tracking and messaging for specialty vehicle fleets, which was acquired by Trimble Navigation.

    Portfolio Investment
    Acquired

    ORBCOMM Polska

    Web publisher of ideas and
    inspirational content.

    Portfolio Investment
    International Licensing

    Turnaround CEO

    We provided a Turnaround CEO of a broadband services firm.

    Knight – Hub Computing

    A regional Internet service provider

    Portfolio Investment
    Acquired

    Fiberight

    Converter of waste products into biofuels.

    Portfolio Investment
    Active

    Development and Sale Preparation CEO

    We found a Development and Sale Preparation CEO for a software and database firm.

    eLink Communications

    Multi‐tenant building ISP

    Portfolio Investment
    Acquired

    Turnaround COO

    We quickly found a turnaround COO for a media distribution company.

    Startup President

    We provided a President for a startup space launch vehicle services company.