Stories about missions to assemble platforms in orbit.
Starfish Space, a Seattle-based startup developing satellite servicing spacecraft, has raised a $14M Series A round led by Munich Re Ventures. Toyota Ventures also participated in the round, along with existing investors PSL Ventures, NFX, and MaC VC. Servicing for cheap: Starfish has a grand vision of a future economy in Earth orbit where satellites […]
Today in Europe, there are no fewer than 13 companies developing or operating orbital transfer vehicles, known in short as OTVs or more colloquially as space tugs. Around the world, we assess that there are likely north of 100 companies that are keen to grab a slice of the space tug market. With healthy competition […]
Starfish Space has revealed its plans for its first space mission in spring 2023. The mission will demonstrate the startup’s satellite docking technology through its Otter Pup spacecraft, and if successful, it will be the first ever satellite docking using electric propulsion. Starfish 101: The Seattle-based startup has ambitions to enable an in-space economy where […]
The Space Force (USSF) has signed on to be one of the very first customers of a gas station in space. This week, in-space refueling company Orbit Fab won a $13.3M USSF contract to gas up geostationary (GEO) military satellites starting in 2025. Under the four-year contract, which was first reported by Bloomberg, the Colorado-based […]
Prices at the pump may have cooled off and started coming down here on Earth, but topping off the tank in geostationary (GEO) orbit will still cost you a pretty penny. How much? Orbit Fab has announced a flat rate price of $20M for hydrazine fill-ups in GEO, which it aims to start in 2025. […]
Redwire ($RDW) reported Q2 2022 results before the market opened on Wednesday. The Jacksonville, FL-based space infrastructure company reported quarterly revenues of $36.7M (+14.2% YoY). Quick refresher: Commercial space powerbroker AE Industrial Partners hatched Redwire in late 2020 by merging Adcole Space and Deep Space Systems. Shortly thereafter, Redwire acquired Made in Space. The company […]
We’ve made it halfway through 2022. The year has flown by, but it’s been filled with big news and firsts for the space industry. Here’s our recap of the off-Earth goings-on during these last six months. Q1 The year started off with a bang as JWST unfolded successfully, reached its new home a million miles […]
Image: Redwire Last month, NASA Administrator Bill Nelson visited Redwire Space’s headquarters in Jacksonville, FL, and said the city has become “the center for space technology.” To be fair, Nelson was a three-term Florida senator…so he’s not entirely impartial. Nonetheless, Redwire has helped make Jacksonville a space hub, with its corporate HQ and 37,000 square […]
OneWeb, Astroscale, the UK Space Agency, and ESA have partnered to launch a space junk servicer by 2024. The partnership comes with a €14.8 million ($15.8 million) investment that will allow Astrocale to advance its ELSA-M debris removal spacecraft from design through manufacturing and up to the satellite’s pre-integration phase. Once launched, ELSA-M will complete […]
Burlington, VT-based Benchmark Space Systems has formally expanded across the pond. The propulsion provider has pond-hopped across the Atlantic, not Lake Champlain, just to be clear. Driving the news…Benchmark has opened a new UK facility to serve the British and European markets. The Vermont startup has also signed a deal with Space Forge, a British […]
Euroconsult has put together the first edition of Space Logistic Markets, an extensive report on the growth of the in-orbit satellite services sector. The market research firm projects that these services will generate $4.4B in revenue by 2031, as the nascent technologies are proven and productized. The report identifies six markets:: Access to space Last-mile […]
For a long time, on-orbit servicing, assembly, and manufacturing (OSAM) seemed just out of reach. Now, multiple startups have successfully demonstrated the technology, and many more are developing OSAM capabilities for refueling, repairing, and towing satellites around in orbit. But as this tech becomes more common, industry and policy voices have to consider potential dark […]
