Its aim: To provide internet connectivity that is around 1,000 times faster, or more, than now.
It just needs to connect to a satellite using laser communications--no, make that a global satellite network the company wants to put into space.
However, working from home at the speed of light "isn't even scratching the surface of the capability" of laser-linked satellites, says Transcelestial co-founder Rohit Iha.
He is looking into connecting "roughly three and a half billion people-about half the world who have no internet connectivity or have "very basic 2G-level phone services".
"All you have to do is position a satellite above (them), drop a laser link, and you can power high-bandwidth internet to everyone", he tells the program Why It Matters.
Transcelestial is still doing research and development for its global space network and eyeing a roll-out by the end of 2024.
The start-up is not alone in aiming high. There are more than 30 firms and over 1,000 people in Singapore's budding space industry.
Baca Juga: Jawab Soal Materi Bahasa Inggris Kelas XII, Chapter VI Activity 8
And the effort they are putting into space technology is giving the nation a larger stake in the space race than many people may think.
Since 2004, investors have put US$135 billion into the global space sector. Singapore, though a little red dot, accounts for 7 percent of the global share.
By 2040, the global space industry could generate revenue of US$1.1 trillion, according to Morgan Stanley estimates.
It is a race for big money, even as Singapore's foray into space could help to solve world problems too.