Valispace Competitive Intelligence & Landscape

Valispace (valispace.com) has evolved into Requirements Portal, a specialized requirements management tool deeply integrated within Altium solutions. This transformation occurred after Altium acquired Valispace and incorporated its core technology into the Altium ecosystem. The platform enables engineers to efficiently capture requirements and link them directly to designs, systems, verifications, and test cases, ensuring comprehensive traceability and facilitating more agile and rapid iterations in hardware development. This integration streamlines complex hardware engineering projects by digitizing and connecting dynamic engineering data, which traditionally causes delays and budget overruns.

The Requirements Portal, as the successor to Valispace, modernizes classic engineering practices from initial product specification and requirements gathering through to verifications and reviews. It empowers users to outline projects with requirements, connect them to system designs, tests, and reporting, and make informed trade-offs with automatic verifications and background calculations. This real-time collaboration and centralized data management eliminate the need for constant manual document updating and unnecessary documentation during reviews and verifications, leading to faster time to market.

Headquartered at Neue Straße 95, 73230 Kirchheim unter Teck, Germany, Valispace GmbH is registered under Handelsregister Stuttgart with the registration number B 799253 and VAT ID DE307573479. The company's mission revolves around speeding up complex hardware development by providing a productivity tool for engineers. They serve industries such as aerospace, automotive, civil, energy, marine, medical, and space technology, with a focus on clients developing complex hardware, like Clearspace, which uses the platform to manage engineering data and communicate with stakeholders. Although the original Valispace branding has transitioned to Requirements Portal under Altium, the underlying technology continues to support advanced hardware product specification, system design, and verification processes.

Valispace (valispace.com) has evolved into Requirements Portal after its acquisition by Altium, integrating its technology into the Altium ecosystem [https://www.valispace.com/pricing/]. This transition has significantly impacted its product and pricing structure, making its requirements management tool more accessible [https://www.valispace.com/pricing/]. Currently, Requirements Portal is bundled as part of Altium Develop and offers unlimited requirements and collaborators for $995 per year [https://www.valispace.com/pricing/]. Users can start a free 30-day Altium Develop evaluation to experience Requirements Portal [https://www.valispace.com/pricing/].

Prior to this integration, Valispace offered different pricing tiers. For instance, an older pricing page from February 8, 2024, showed a "Starter" plan at 100€ per collaborator/month for up to 5 collaborators, including Systems Engineering Modules, Cloud Deployment, Analysis, V&V Module, Components, Requirements, Basic Email Support, Collaboration & Review Features, and AI powered ValiAssistant Beta [https://www.valispace.com/pricing-old-2/]. Another pricing page detailed a 100€ plan with similar features, while a "Pro" plan was listed at 150€ per user/month, building upon the Starter features with added Email & Video Call Support and Onboarding Support [https://www.valispace.com/pricing-ha/].

Further evidence of varied past pricing includes a plan at 120€ per user/month for up to 5 collaborators, featuring Systems Engineering Modules, Cloud Deployment, Analysis, Test, Components, Requirements, Basic Email Support, Collaboration & Review Features, and the AI powered ValiAssistant Beta [https://www.valispace.com/pc/]. A higher tier was priced at 180€, expanding on these features to include Email & Video Call Support, Onboarding Support, SSO, Automated Custom Workflows, Simulation & Scripting Module, 1 Free Viewer for every Collaborator, and support for up to 50 Collaborators [https://www.valispace.com/pc/]. These previous structures highlight a shift from a per-user, tiered model to the current bundled offering under Altium Develop, which aims to provide a more streamlined and accessible solution for requirements management [https://www.valispace.com/pricing/].

Valispace, now Requirements Portal, focuses on automating engineering workflows and providing a single source of truth throughout the product lifecycle [https://www.valispace.com/features/]. Its features address crucial aspects like specifying products with automated iterations on requirements, connecting to design parameters, and visual traceability [https://www.valispace.com/features/]. The platform also supports concurrent design, allowing real-time collaboration on engineering values, comments, and requirements, and can connect to any tool via an Open API [https://www.valispace.com/valispace_features/concurrent-design/]. These functionalities underline its commitment to modernizing classic engineering practices from initial product specification to verification and review [https://www.valispace.com/].

Valispace (valispace.com) has undergone a significant transformation in its company structure and, consequently, its hiring strategy. The company announced its acquisition by Altium, a prominent provider of design software for the electronics industry, in February 2024 "Valispace Joins Forces with Altium in a Strategic Acquisition". This acquisition has led to Valispace evolving into Requirements Portal, a requirements management tool directly integrated into Altium solutions "Valispace Has Evolved into Requirements Portal".

Following the acquisition, the Valispace website indicates a shift in its recruitment focus. While the company previously highlighted a remote-friendly policy with a hiring emphasis on candidates based in Lisbon, Portugal, its current jobs page "Jobs – Valispace" does not list specific open positions. The website explicitly states, "Valispace was acquired by Altium and it is now Requirements Portal" "Features – Valispace". This suggests that direct hiring under the Valispace brand, as it once was, has likely ceased, with new recruitment efforts potentially redirected through Altium for Requirements Portal roles.

The strategic acquisition by Altium and the rebranding to Requirements Portal signal a pivot from independent growth to integration within a larger corporate ecosystem. This transition would naturally impact hiring trends, as Valispace's team and technological capabilities are now part of Altium's broader strategy. Prospective candidates interested in contributing to the technology that powered Valispace would likely need to explore career opportunities directly with Altium or look for roles related to Requirements Portal within the Altium framework, rather than through the former Valispace careers portal "Jobs – Valispace".

Valispace, a company dedicated to modernizing hardware development, has undergone significant financial and structural changes. In April 2020, Valispace secured a $2.4 million investment round, led by Berlin-based early-stage investor JOIN Capital. This funding was awarded in recognition of the company's robust business model and its capacity to address the growing demand for enhanced engineering collaboration, as detailed in an official announcement from Valispace at the time Valispace Releases Testing Module After Raising $2.4M Investment – Valispace.

The most pivotal event in Valispace's financial journey was its acquisition by Altium, a prominent provider of electronics design software. This strategic acquisition, announced on February 26, 2024, saw Valispace's systems and requirements engineering capabilities integrated into the Altium 365 cloud platform Valispace Joins Forces with Altium in a Strategic Acquisition – Valispace. Consequently, Valispace has evolved into Requirements Portal, which is now a core component of Altium Develop. This integration has made the requirements management tool considerably more accessible, offering unlimited requirements and collaborators for $995 per year, according to information on Valispace's website Valispace – Where the world builds hardware Is Requirements Portal the same as Valispace?.

As Requirements Portal, the technology inherited from Valispace focuses on capturing and linking requirements to designs, systems, verifications, and test cases, ensuring full traceability and facilitating more agile development cycles Valispace – Where the world builds hardware. The company's legal entity, Valispace GmbH, remains registered in Stuttgart with the registration number B 799253 and a VAT ID of DE307573479, indicating its continued operational presence under the Altium umbrella Imprint – Valispace. This acquisition signifies a successful exit for Valispace, transforming its independent operations into an integrated offering within a larger, established industry player.

Valispace actively engages with the engineering community through a variety of events, including webinars, workshops, and industry conferences. The company hosts a regular series of webinars called Valispace Live, designed to educate engineers on best practices for complex engineering projects and modern hardware development techniques ["Valispace Live 1: How to do Requirements Engineering – Valispace" (https://www.valispace.com/valispace-live-1-how-to-do-requirements-engineering/)]. These sessions leverage the team's expertise and offer insights into advanced methodologies.

Valispace also participates in and hosts specialized workshops, such as the "Moonbase Workshop," which focuses on the importance of Concurrent Engineering. This workshop has been presented at institutions like Técnico Lisboa (IST) in collaboration with AeroTéc for Aerospace Week, allowing students to engage with the aerospace industry and learn about engineering operations ["Moonbase Workshop & Importance of Concurrent Engineering – Valispace" (https://www.valispace.com/moonbase-workshop-importance-of-concurrent-engineering/)], and at the International Space University (ISU) ["Concurrent Engineering at the International Space University (ISU) – Valispace" (https://www.valispace.com/concurrent-engineering-at-the-international-space-university-isu/)]. These events highlight their commitment to fostering education and skill development within the engineering field.

Furthermore, Valispace hosts Iteration22, an event that brings together top engineers and industry leaders to discuss groundbreaking topics like agile development, space exploration, and innovative product design ["Iteration 22 page (new) – Valispace" (https://www.valispace.com/get-iteration-22/)]. A panel of expert engineers at Iteration22 also discussed the future evolution of hardware engineering over the next decade ["Events – Valispace" (https://www.valispace.com/category/events/)]. The company also features co-founder Marco Witzmann discussing practical uses of AI in space engineering in webinars, demonstrating their thought leadership in cutting-edge areas ["Practical uses of AI in space engineering – Valispace" (https://www.valispace.com/practical-uses-of-ai-in-space-engineering/)].