One smallsat satellite company hires another
Capitalism in space: One smallsat satellite company, Exolaunch, has hired another smallsat company, Momentus, to provide it with in-space transportation capabilities.
Exolaunch, the German launch services provider formerly known as ECM Space, signed a contract to pay in-space transportation startup Momentus more than $6 million to move satellites in low Earth orbit in 2020 with a service called Vigoride and from low Earth to geosynchronous orbit in 2021 with Vigoride Extended.
With Vigoride, Exolaunch will send “cubesat and microsatellite constellations to multiple orbits, giving clients an unprecedented flexibility of satellite deployment, reducing the price of launch, and giving access to orbits not typical for ridesharing vehicles,” Dmitriy Bogdanov, Exolaunch chief executive, said in a statement. “We also plan to deliver smallsats to geosynchronous orbit using the Vigoride Extended service. Momentus will enable us to service a larger segment of the market by enabling our customers to reach custom orbits in an efficient and cost-effective manner.”
Essentially, Momentus is building a cubesat-sized rocket engine that can be used to transport other cubesats from one orbit to another. The engine apparently uses water as the fuel in a ion-type engine, and will be tested in space for the first time in the next few months.
Momentus’s business plan seems quite clever. Up until now smallsats, especially those launched as secondary payloads, have not had a way to change their orbits, once deployed from their rocket. Momentus is offering this capability, at the very moment we are about to see a boom in the number of smallsats launched.
Capitalism in space: One smallsat satellite company, Exolaunch, has hired another smallsat company, Momentus, to provide it with in-space transportation capabilities.
Exolaunch, the German launch services provider formerly known as ECM Space, signed a contract to pay in-space transportation startup Momentus more than $6 million to move satellites in low Earth orbit in 2020 with a service called Vigoride and from low Earth to geosynchronous orbit in 2021 with Vigoride Extended.
With Vigoride, Exolaunch will send “cubesat and microsatellite constellations to multiple orbits, giving clients an unprecedented flexibility of satellite deployment, reducing the price of launch, and giving access to orbits not typical for ridesharing vehicles,” Dmitriy Bogdanov, Exolaunch chief executive, said in a statement. “We also plan to deliver smallsats to geosynchronous orbit using the Vigoride Extended service. Momentus will enable us to service a larger segment of the market by enabling our customers to reach custom orbits in an efficient and cost-effective manner.”
Essentially, Momentus is building a cubesat-sized rocket engine that can be used to transport other cubesats from one orbit to another. The engine apparently uses water as the fuel in a ion-type engine, and will be tested in space for the first time in the next few months.
Momentus’s business plan seems quite clever. Up until now smallsats, especially those launched as secondary payloads, have not had a way to change their orbits, once deployed from their rocket. Momentus is offering this capability, at the very moment we are about to see a boom in the number of smallsats launched.