About Ephemeris Net

We are extending the internet to space.

Ephemeris Net is a pre-seed space networking company on a mission to provide connectivity for all space users through collaborative engineering of commercial space networking solutions. We are creating the infrastructure that will enable the space internet beyond bent pipe by laying the foundational networking layer that will define how data moves through space.

We are supported by our technical incubator Second Order Effects, institutional VCs, and our network of space advisors. As space use scales and more space-native networks come online, we believe that now is the chance to build foundational infrastructure for how the internet will work in space.

The role

We are looking for an intern to work on financial strategy at Ephemeris Net. You will work with the Head of Government Programs & Finance on a project that directly supports how we differentiate ourselves, close customers, or make strategic decisions.

Ephemeris Net is building the networking layer for the space economy. Getting the business model, financial projections, and commercial positioning right is just as important as getting the hardware right. You will help us build financial strategy that drive the business forward.

By the end of this internship, you will have delivered work that directly supports growth at a space infrastructure company. Your specific project will depend on your background and interests. We will match you to a project that is both meaningful to the company and a strong learning opportunity for you.

Example Projects

Upcoming intern projects span three areas. You would work on one of these tracks, not all three:

Valuation & Modeling (VC Fundraise)

• Explore non-dilutive and hybrid financing instruments relevant to Ephemeris's stage and sector: SBIR/STTR stacking, DoD OTA agreements, export credit facilities for international customers, debt, etc.
• Build or refine financial models supporting VC fundraise: unit economics, revenue projections, scenario analysis, and cap table modeling

• Prepare and iterate on pitch deck materials and investor-facing documentation

• Manage logistics and coordination for fundraise processes: data room organization, investor outreach tracking, and meeting preparation

Commercial & Government Deals (Business Development)

• Conduct market mapping and competitive analysis: identify target customer segments, adjacent markets, and strategic partnership opportunities

• Build pricing models and business case analyses for new product offerings or customer engagements
• Conduct pricing research, rate analysis, and volume/cost modeling to support pricing decisions

Partnership Strategy (Supply Chain Support)

• Conduct pricing research, rate analysis, and volume/cost modeling to support make-versus-buy decisions and supplier negotiations
• Audit current and planned supplier relationships across SRT and LRT BOMs and propose opportunities to de-risk the program
• Directly negotiate six figure procurement deals, balancing vendor relationship development, program de-risking, and financial success of the company.

What You Will Learn

• How commercial space deals get done: from customer discovery and proposal development to pricing and contract structure
• How market mapping and competitive intelligence translate into go-to-market strategy
• How to effectively translate between technical and business stakeholders to create a compelling product
• How to work as part of a small, focused team where your contributions directly affect the company’s trajectory

What We Are Looking For

Minimum Qualifications

• Currently pursuing or recently completed an undergraduate or masters degree in business, finance, engineering, public policy, international relations, or a related field
• Strong analytical skills: you are comfortable building financial models, working with data, and structuring ambiguous problems

• Strong written and verbal communication skills: you can write clearly and persuasively under deadline pressure

• Ability to work independently on a scoped project with mentorship and regular check-ins

• Interest in working at a fast-paced startup where priorities shift and you need to adapt quickly

• Ability to work on-site in El Segundo, CA or Oakland, CA for a minimum of 3 months, 3 days a week

• Must be a US person (15 CFR § 772.1)

Preferred Qualifications

• Prior experience in consulting, investment banking, venture capital, private equity, or corporate finance
• Prior experience in the aerospace, defense, or space industry
• Familiarity with venture capital fundraising processes and investor relations
• Experience building financial models in Excel or Google Sheets (DCF, LBO, scenario analysis, or startup unit economics)
• Experience with market research, competitive analysis, or strategic planning

How This Role Works

• While you will have direct interfaces with the CEO and technical team, you will likely (project pending) report to the Head of Government Programs & Finance, who will serve as your primary mentor. You will have regular check-ins and direct access to them for guidance.

• Before you start, we will meet to understand your strengths and growth goals and scope a project for you.

• You are expected to scope your project, execute, and present your results to the team at the end of the internship.

What we offer

Compensation & Benefits

• Salary: $70,400 annual salary, prorated for length of internship
• Comprehensive health care coverage

Work Environment

• On-site, 3 days a week minimum: you will work alongside the team in the office. Government programs work requires close coordination and access to controlled information.
• Small team environment with direct access to founders and senior leaders
• Your work will be on real proposals and business development efforts, not a side project.

The Opportunity

• Help build the business behind the technology: Your work on financial models, pitch materials, or commercial proposals will directly support how Ephemeris Net raises capital and wins customers.

• See how a space startup operates from the inside: You will get exposure to fundraising, commercial sales, government contracting, and strategic planning at a company going from inception to orbit.

• Build the space internet: Work on technology that will fundamentally change how space networks operate.

Our Vision and Values

Ephemeris Net's vision is to enable an open, space internet that anyone can utilize and access.

We believe that access to better digital connectivity is essential for human progress and that space is the frontier of digital connectivity. We believe that collaboration within market competition is the most effective way to expand the internet into space. Using Ephemeris Net to build space network solutions is how we can proliferate digital connectivity, collaboration, and "the raising of all boats" while achieving a commercial impact.

We care deeply about:

• Access to connectivity for all

• Collaboration that raises all boats; we focus on win/win deals

• Commercial impact: building solutions people value and buy

• Personal growth and creating a place where people build their careers

• Putting good out into the world through the work we do and our interactions with each other

We are building a company people feel great about working at. We are seeking people who are open and actively seeking growth - both technical and personal. We value honesty, creativity, and a culture of ownership.

About our locations

El Segundo, CA: Located in the heart of the aerospace industry, surrounded by SpaceX, Aerospace Corporation, Northrop Grumman, and hundreds of space startups. A unique ecosystem where strangers on the street are excited about space.

Oakland, CA: Right off BART. Close collaboration opportunities with UC Berkeley and the broader Bay Area networking and space research communities.

Ephemeris Net is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.