Dauria Aerospace develops and manufactures the new generation of low cost, small satellites. The deep reduction of costs combined with the enhanced performance capabilities offered by the new products makes constellations of many satellites financially viable, thus enabling operational services and creating new applications. This has been achieved by utilizing the state of the art terrestrial microelectronic and micro-system-technologies. The company currently has two satellite development centers: in Skolkovo, Moscow, in NASA Ames Research Center, California Based on Dauria’s satellite technologies, the company is planning to deploy constellations of various earth observation and communications satellites to provide frequent vegetation monitoring for precision farming, traffic management, dynamic urban management and polar broadband services. The company works closely with the national governments on the joint financing of these space projects making it possible for the private seed investment to cover a significantly larger range of services. These services will be further enhanced by making them available in a unique service eco-system where they can be combined with other satellite resources and advanced software applications through a cloud based platform – CloudEO. This will foster a new era where space applications enter humans’ daily lives.