Virgin Galactic losses 3x higher than last year

Even as Virgin Galactic has announced a contract with Axiom to fly a zero gravity suborbital training flight for one of its astronauts, the company also posted its 2021 third quarter statement, revealing losses three times higher than the previous year.

The company posted a net loss of $146 million for the three months ended Sept. 30, compared with a $48 million net loss in the same period last year. The widened loss was in part driven by increased research and development cost, which came at $97 million in the June-September quarter, three times higher than last year.

The company posted a net loss of $146 million for the three months ended Sept. 30, compared with a $48 million net loss in the same period last year. The widened loss was in part driven by increased research and development cost, which came at $97 million in the June-September quarter, three times higher than last year.

Quarterly revenue was only $767,000, down 70 percent from a year ago. Virgin Galactic hasn’t started commercial service of its suborbital spaceflight. The company currently makes money by taking deposits for future flights and providing engineering services to other companies.

Company officials still say that it will begin flying customers in the second quarter of ’23, as promised, though it also appears that the demand for its business has plummeted. At the same time, it reports it has $1.1 billion in its coffers for future development.

Orbital tug company signs launch agreement with German rocket startup Isar Aerospace

The German rocket startup company, Isar Aerospace, has now signed a launch agreement with a French orbital tug company, Exotrail, to put multiple tugs into orbit over a five year period.

The companies announced Nov. 3 they signed a launch services agreement to launch Exotrail’s spacevan vehicle on Isar’s Spectrum rocket on multiple missions between 2024 and 2029. The launches will take place from Andøya, Norway, and Kourou, French Guiana. The companies did not disclose a specific number of launches or the value of the agreement.

Exotrail will apparently act as the agent to get the satellite customer by providing that customer transportation to the desired orbit after deployment from Isar’s rocket.

This is the second orbital tug launch contract that Isar has won, with the first from the Italian company D-Orbit. Both deals will fly on Isar’s rocket Spectrum, which it hopes to launch for the first time next year.

Remains or DNA samples of numerous Star Trek actors/creators to be sent into space

Because the space burial company Celestis has now made agreements to fly into space the remains or DNA samples of so many actors or creators from the classic Star Trek television series on its next burial flight, it has named that flight its “Enterprise Mission.”

Slipping the gravitational bonds of Earth early next year, the Enterprise Flight will blast off in early 2023 using United Launch Alliance’s Vulcan rocket carrying additional cremated remains and DNA samples of “Star Trek” creator Gene Roddenberry, his wife Majel Barrett Roddenberry, “Star Trek” engineer James “Scotty” Doohan, and “2001: A Space Odyssey” VFX wizard Douglas Trumbull.

The Enterprise Flight’s trajectory will send the spacecraft roughly 93 million miles to 186 million miles (150 million to 300 million kilometers) into deep space beyond our familiar Earth-moon system. Celestis’ memorial mission intends on launching over 200 space burial flight capsules comprised of cremated ash remains, special messages, mementos and DNA samples from a range of international customers headed towards the great mystery of interplanetary space.

The flight will also include the remains or DNA samples from special effects artist Greg Jein, the series original associated producer Robert H. Justman, and actors Nichelle Nichols and DeForest Kelly.

What makes this burial flight especially unique is that the cremated remains and DNA samples will apparently be on a part of the Vulcan rocket that will escape Earth orbit and enter solar orbit.

Long March 5B core stage crashes in Pacific

According to a tweet from the U.S. Space Force, the out-of-control core stage of China’s Long March 5B rocket has come down in the Pacific Ocean sometime around 4 am (Mountain).

#USSPACECOM can confirm the People’s Republic of China Long March 5B #CZ5B rocket re-entered the atmosphere over the south-central Pacific Ocean at 4:01am MDT/10:01 UTC on 11/4.

The exact location has not yet been revealed, nor do we know yet if any pieces landed on any habitable islands. The odds however of the re-entry causing any damage or injury now appears nil, which is a fortunate thing considering the risks China asked everyone else to take.

Watching Rocket Lab’s launch and attempt to recover its first stage

In its scheduled launch today, Rocket Lab will attempt to recover the first stage of its Electron rocket, using a helicopter to snatch its parachute as it descends slowly over the ocean. This will the second attempt to do so, the first time failing after capture when the helicopter pilot decided to release the stage due to unexpected stresses and vibrations.

I have embedded the live stream below. The launch is presently scheduled for around 10:30 am (Pacific).
» Read more

Travel agency buys two Space Perspective high altitude balloon flights

Space Perspective's Neptune Capsule
Graphic of Space Perspective’s Neptune capsule.

The travel agency Cruise Planners has reserved two future 20-mile-high flights on the high altitude balloon Spaceship Neptune, being built by the Florida-based company Space Perspective.

Cruise Planners has reserved two full capsules scheduled to fly in 2025 & 2027 respectively on Spaceship Neptune.

Spaceship Neptune will differ from other spacecraft by being attached and secured to the SpaceBalloon for the entirety of the flight, making it a safe and seamless journey for the traveler. Other vessels separate mid-flight and transfer to different flight systems. According to Space Perspective, Spaceship Neptune will be lifted to space by the SpaceBalloon, powered by renewable hydrogen with no rockets and no carbon footprint. Guests won’t have the jarring blastoff that is typical of space travel, but instead will ascend steadily at 12 mph, making the experience accessible for anyone who is able to fly with a commercial airline.

Space Perspective is one of three balloon companies now planning such high altitude flights. Ticket prices will range from $50K to $125K, depending on company. At the moment Space Perspective is charging the most, but expect that to change as the competition heats up.

Mengtian moved to its permanent port on Tiangong-3

Tiangong-3 station, when completed

Chinese engineers today successfully shifted the new Mengtian module from its docking port to its permanent port to the side, thus completing the assembly of the major components of the Tiangong-3 space station. Shortly thereafter the six astronauts on board the station opened the hatch and entered the module.

The graphic to the right shows the station’s final arrangement, T-shaped. The station however is not fully complete, as the large vertical solar panels have not yet been installed. Based on past station work, these will probably have to be shipped up later, and installed during space walks.

NASA delays first manned Starliner mission again

NASA today announced that it has rescheduled the first manned demo mission of Boeing’s Starliner capsule to ISS from February to April, 2023.

The agency attributes the two month delay to scheduling conflicts with other visiting spacecraft at ISS. This might be true, but it also could be that Boeing wanted a little extra time to finish out the work it still needs to do to fix the anomalies that occurred on the unmanned demo mission, as well preparing the new capsule for launch.

This flight will carry two astronauts to ISS for about two weeks. The press release also noted this interesting tidbit:

The previously flown crew module, named Calypso, will be connected to a new service module later this year.

Apparently Boeing has decided to give names to these capsules, like SpaceX has. It also appears that the company and NASA are satisfied enough with the condition of the capsule after flying the unmanned demo flight to use it again for a manned mission.

Crash prediction for Long March 5B core stage narrows

Crash prediction
Click for original image.

List of the largest uncontrolled re-entries

This morning’s report by the Aerospace Corporation has narrowed the crash time and location for China’s out-of-control Long March 5B core stage to six orbits, about 8 hours, on November 4, 2022, with the prediction centered over a point in the middle of the Indian Ocean.

The company’s graphic to the right shows the orbital tracks. Note that this prediction puts many habitable locations under risk, including parts of the United States, Spain, Africa, and Australia.

Since the crash is now expected tomorrow, expect further updates later today.

The second graphic to the right has also been created by the Aerospace Corporation. It shows the top 20 largest man-made objects that have fallen out-of-control from orbit. Four of the top six were dropped on the world by China, all within the past two years. All but one of the others occurred prior to 1987, before the U.S. and Russia took positive action to prevent such things. The one exception, Phobos-Grunt, was an unexpected failure, its rocket putting it into an unstable orbit rather than sending it to Mars.

China, like the U.S. and Russia, has signed the Outer Space Treaty. That treaty requires each signatory to control the objects it puts in space, and makes it liable for any damage caused by such objects. The U.S. and Russia have both tried very hard to abide by that treaty. China however has thumbed its nose at it.

We must wonder what China will do if this core stage kills someone when it comes down tomorrow.

American freedom sets a new yearly record for rocketry

Liberty enlightens the world
Liberty has now also enlightened the exploration of space

Capitalism in space: In 1966, more than a half century ago, the United States government was in a desperate space race to catch up with the communist Soviet Union, which for the previous decade had been first in almost every major achievement in space, from launching the first orbital satellite, the first manned mission, the first two- and three- manned missions, and the first spacewalk.

In 1966, the NASA and the U.S. military successfully launched 70 times in their effort to catch up, a number that has remained the record for more that five decades as the most American launches in a single year.

All but one of those seventy launches were either for NASA or the military, paid for and built not for profit but for achieving the political ends of the federal government. Many of those seventy launches were also short duration technology test satellites, whose purpose once achieved ended those programs.

By the end of the 1960s, this aggressive effort had paid off, with the U.S. being the first to land humans on the Moon while matching or exceeding the Soviets in almost every major technical space challenge. The need for such an aggressive government launch program vanished.

Thus, for the next half century, the United States rarely exceeded thirty launches in a single year. This low number was further reduced by the decision in the 1970s by the federal government to shut down the entire private launch industry and require all American manned and satellite payloads to be launched on NASA’s space shuttle.

Come 2011 and the retirement of the space shuttle, all this finally changed. The federal government began a slow and painful transition in the next decade from building and launching its own rockets to buying that service from the private sector. It took awhile, but that transition finally allowed the rebirth of a new American private launch industry, led by SpaceX and its Falcon 9 rocket.

Tonight, that SpaceX Falcon 9 rocket completed the 71st launch in 2022, breaking that 1966 record by placing in orbit a commercial communications satellite. And it did it with almost two months left in the year, guaranteeing that the record has not only be broken, it will be shattered.
» Read more

Freefall: an antenna company for space

Freefall: Antennas for Space!

Last week I had the opportunity to tour the offices space-based antenna startup Freefall, another one of Tucson’s many space-related companies.

Not surprisingly (and probably to the company’s credit), the offices and facility were themselves not that impressive. Essentially it was an open space with some areas reserved for desks and workers, and other areas where engineers could do some antenna construction and testing. In one corner was what the company’s CEO, Doug Stetson, labeled “their antenna graveyard,” past antenna experiments that were no longer needed or in use.

However, like all of these new independently-owned small aerospace companies popping up worldwide now that western governments have given up control of their space programs, what makes this company stand out is the creative innovations — both in design and manufacturing — that it brings to its products. In the case of Freefall, those products are all kinds of antennas, designed for all kinds of space-related uses.

First, there is design. The key to Freefall’s business model is its spherical dish antenna design.
» Read more

Two Saudi passengers to fly on Axiom’s second commercial flight to ISS

According to one NASA official, Axiom now plans on launching two as yet unnamed Saudi passengers on AX-2, its second commercial flight to ISS scheduled to launch in May 2023 on a Dragon capsule.

The names of the two Saudis on the flight have not been released, she said, but that “we are working very hard with them on training already.” A slide for her presentation noted the two would be named after formal approval by the ISS program’s Multilateral Crew Operations Panel. That slide also stated that crew training for the mission started Oct. 17.

The Saudi Space Commission and Axiom Space separately announced Sept. 22 plans to fly two Saudi citizens on a future Axiom Space mission. However, while it was widely rumored the two would fly on Ax-2, neither announcement stated a specific mission. The Saudi statement said that one of the two people would be a woman but did not disclose how the astronauts would be selected.

Neither Axiom nor the Saudis have revealed the ticket price, though it probably runs somewhere in the range of $20 to $50 million per ticket, based on past known purchase prices by NASA and others.

Rocket Lab to attempt 1st stage recovery on November 4th launch

Rocket Lab announced yesterday that it will make its second attempt to catch the first stage of its Electron rocket using a helicopter during its next launch on November 4, 2022.

Using a modified Sikorsky S-92 helicopter to catch and secure the rocket by its parachute line, Rocket Lab will bring the captured stage back to its Auckland Production Complex to be processed and assessed by engineers and technicians for possible re-use.

This Electron recovery effort follows the catch of an Electron first stage during Rocket Lab’s first helicopter recovery attempt on the “There And Back Again” launch in May, and the recovery attempt for this mission will follow the same concept of operations as the previous launch.

In the May recovery attempt, the helicopter caught the stage, but then released it almost immediately because of unexpected stresses on the helicopter. If Rocket Lab is successful this time, it will be only the second private rocket company to recover a first stage capable of reuse, after SpaceX.

The launch itself will take place at 10:15 am (Pacific). When the live stream is available I will embed it on Behind the Black.

Japanese private lunar lander HAKUTO-R now scheduled for launch on November 22nd

The private lunar lander HAKUTO-R, built by the Japanese company Ispace, has now been scheduled for a November 22, 2022 launch on a Falcon 9 rocket.

The launch of the first commercial lunar lander mission to attempt a landing on the Moon was originally scheduled between November 9 -15. However, ispace stated that after consulting with SpaceX, the new tentative launch date would be moved to November 22 because it “allows for best preparation for the mission when considering the fuel-loading schedule for the lander and launch date availability.” SpaceX has a busy schedule at the Cape and NASA still has the Artemis 1 launch scheduled for November 14.

HAKUTO-R’s primary mission is to test the lander. However, it also includes several customer payloads, the most significant of which is the Rashid rover from the United Arab Emirates. Rashid, which is about the size of a Radio Flyer red wagon, will operate for one lunar day, about two weeks. While its main mission is to test the engineering and to train the engineers who built it, it will have two cameras for taking pictures. In addition, on its wheels are test adhesive patches of different materials, designed to see how each material interacts with the Moon’s abrasive dust.

Lockheed Martin invests $100 million in startup satellite maker Terran Orbital

Lockheed Martin has now invested $100 million in the startup smallsat-maker Terran Orbital, which has already been building satellites of a wide variety for customers.

Under the deal, which runs through 2035, the smaller Florida-based firm will build SAR and other advanced payloads, as well as satellite sub-assemblies, for the aerospace behemoth, Terran said in a press release today. These include electro-optical, hyperspectral, infrared and secure communication payloads, as well as things like star trackers and flight computers.

With this deal, Terran has also decided that it will no longer launch its own radar constellation, as that constellation would have competed directly with its radar satellite customers. Instead, it will make its radar satellite for others, including Lockheed Martin.

As an example of the variety of smallsats Terran Orbital has been building, it manufactured the smallsat lunar orbiter CAPSTONE for NASA, now on its way to the Moon but being operated for NASA by a different private company, Advanced Space.

Orbex signs 50-year lease at Sutherland spaceport

The British startup rocket company Orbex has signed a 50-year lease to operate its own launchpad at the Space Hub Sutherland spaceport in Scotland.

The company will lease Space Hub Sutherland from a local development agency for an initial period of 50 years with an option to extend for a further 25 years. Orbex will soon commence construction at the 10-acre launch site on the A’Mhoine peninsula in Sutherland. The bulk of the construction work will be contracted out to technology solutions company Jacobs, which also does a lot of work for NASA.

The company hopes to launch its Prime rocket in ’23. At present it is testing launch operations of a prototype on its launchpad. All told, Orbex has raised a little over $100 million in private investment capital.

Mengtian module docks with China’s Tiangong-3 space station

Tiangong-3 station, when completed

The new Mengtian module has docked with the main port of China’s Tiangong-3 space station.

The graphic to the right shows the planned design of the station. Mengtian however is not yet in its side port as shown, but in the main docking port in line with the core module where a Shenzhou crew capsule is shown docked. At some point soon the astronauts on board will use a small robot arm to move Mengtian from the main port to its side port. (This system is very similar to one the Russian’s used on Mir.)

Furthermore, the large vertically oriented solar panels have not yet been installed on the station. These will likely need to be delivered, and require spacewalks to deploy.

Falcon Heavy launches successfully for 1st time since 2019

Capitalism in space: SpaceX today successfully put a military reconnaissance satellite using its Falcon Heavy rocket, its first launch since 2019.

The two side boosters and core stage all made their first flight. The core stage was intentionally not recovered, as it needed to use all its fuel for getting the satellite to its orbit. The two side boosters successfully landed at SpaceX’s two landing sites at Cape Canaveral.

The leaders in the 2022 launch race:

50 SpaceX
47 China
18 Russia
8 Rocket Lab
7 ULA

American private enterprise now leads China 70 to 47, though it still trails the rest of the world combined 74 to 70.

This year’s 70 successful launches ties the previous high for the United States in a single year, set in 1966. With two months still left in the year, it looks like that record will be broken, by a lot.

October 31, 2022 Quick space links

Courtesy of BtB’s string Jay, who has been sending them to me for the past week. Unfortunately, my isp decided to only send me about half my emails during that time, and I only discovered this today. Ugh, modern big corporations. They operate like badly run feudal plantations.

Thus, tonight’s quick links will catch up on some stories we missed from late last week.

 

 

 

 

 

  • Blue Origin delivers second BE-4 flightworthy engine to ULA
  • ULA can now install the engines in the first Vulcan rocket and begin testing. Whether it will be ready for its first flight early next year remains unknown. It is even more uncertain whether Blue Origin can ramp up its BE-4 assembly line so as to produce enough of these engines for all of the planned launches of the Vulcan as well as Blue Origin’s own as-yet-unflown New Glenn rocket.

CAPSTONE makes course correction, now on target for lunar orbital insertion on November 13th

Engineers have successfully overcome the valve issue that had caused the CAPSTONE lunar probe to tumble, and have made a subsequent mid-course correction that has put the spacecraft on target for entering lunar orbit on November 13, 2022, as planned.

The CAPSTONE spacecraft successfully completed a trajectory correction maneuver on Thursday, Oct. 27, teeing up the spacecraft’s arrival to lunar orbit on Nov. 13.

CAPSTONE is no longer in safe mode following an issue in early September that caused the spacecraft to spin. The team identified the most likely cause as a valve-related issue in one of the spacecraft’s eight thrusters. The mission team will design future maneuvers to work around the affected valve, including the two remaining trajectory correction maneuvers scheduled before CAPSTONE’s arrival to orbit at the Moon.

Though it appears the CAPSTONE team has figured out how to deal with that malfuncting valve, it is unclear what the long-term ramifications of that valve will be. If it is still leaking it likely means the mission will be shortened because of loss of fuel, as well as the need to use more to compensate.

Watching the launch of the final large module to China’s Tiangong-3 space station

UPDATE: The Mengtian module has been deployed, and is now proceeding to a rendezvous and docking within the next day or so. The core stage is in orbit, and we can only wait over the next few days to find out where it will hit the Earth.

The leaders in the 2022 launch race:

49 SpaceX
47 China
18 Russia
8 Rocket Lab
7 ULA

American private enterprise still leads China 69 to 47, though it now trails the rest of the world combined 74 to 69.

Original post:
—————-
The launch of the final large module for China’s Tiangong-3 space station is scheduled to occur at 12:37 am (Pacific) tonight.

The module is called Mengtian, and once moved to its permanent port will complete the station in its t-shape. The rocket is the Long March 5B, the core stage of which will reach orbit, and then within a week crash uncontrolled somewhere on Earth.

I have embedded the English live stream below. A lot of Chinese propaganda (though not much different from a NASA broadcast). As I understand it, the launch window is instantaneous, so if there are any holds the launch will be scrubbed for the day.

» Read more

Stratolaunch’s giant Roc airplane flies for 1st time with Talon engineering vehicle attached

Test engineering vehicle attached below Roc
Test engineering vehicle attached on Roc

Stratolaunch yesterday successfully flew its giant Roc airplane with a Talon hypersonic engineering vehicle attached for the first time to its central fuselage.

The flight lasted just over five hours, reached an altitude of 23,000 feet, and was “focused on measuring the aerodynamic loads on the Talon-A vehicle while mated to Roc. The loads captured in flight will validate aerodynamic predictions to ensure the release mechanism will function as designed.”

The company will complete a series of captive carry flights in the coming months, culminating in a separation test of the TA-0 vehicle out over the Pacific Ocean in late 2022.

Even as these flight tests proceed, the company is building the actual Talon flight vehicles, designed as testbeds for doing hypersonic flight tests quickly and relatively cheaply. The plan is to have these flight vehicles ready for both military and commercial customers to fly them by ’23.

NASA sets new launch date for Psyche asteroid mission

NASA yesterday announced that the delayed Psyche mission, to the asteroid Psyche, now has a new launch date of October 10, 2023, with a planned arrival in 2029.

The spacecraft missed its original launch date in 2022 because of the late delivery of its flight software combined with problems with the equipment needed to test that software.

The new launch date, though only one year later than planned, will cause the spacecraft to arrive two years late because of orbital mechanics.

China launches classified technology test satellite

China today successfully launched a classified technology test satellite using its Long March 2D rocket lifting off from its Jiuquan Satellite Launch Center in northwest China.

No word on where the expendable first stage crashed within China.

The leaders in the 2022 launch race:

49 SpaceX
46 China
18 Russia
8 Rocket Lab
7 ULA

American private enterprise still leads China 69 to 46 in the national rankings, though it trails the rest of the world combined 73 to 69.

ULA breaks ground on new facility in Alabama

ULA yesterday broke ground on the construction of a new facility in Alabama, where it will store its Vulcan rockets and build the fairings for that rocket.

The factory is scheduled to begin operations in 2024. According to ULA’S CEO, Tori Bruno, the facility will double the production rate for making Vulcan rockets, necessary to provide the launches that Amazon wants for its Kuiper internet constellation.

SpaceX successfully launches another 53 Starlink satellites

SpaceX tonight successfully used its Falcon 9 rocket to launch another 53 Starlink satellites into orbit, lifting off from Vandenberg Space Force Base in California.

The first stage completed its eighth flight, landing successfully on a drone ship in the Pacific. As of this writing, the satellites have not yet deployed, though they are in their planned orbit.

The leaders in the 2022 launch race:

49 SpaceX
45 China
18 Russia
8 Rocket Lab
7 ULA

American private enterprise now leads China 69 to 45 in the national rankings, though it trails the rest of the world combined 72 to 69. At 69 successful launches, the U.S. is now just one launch behind its national record of 70 set in 1966.

European nations struggle with the new private commercial space station concept

The European partners that have been doing research and work on ISS are now struggling to figure out their future on the multiple new private commercial space stations American private enterprise is now building to replace ISS.

The ISS today relies extensively on barter arrangements among participating agencies, providing services to cover their share of operations of the station. Such arrangements are unlikely to work for commercial stations, however. “We need to find a new way of cooperating,” said Nicolas Maubert, space counselor at the French Embassy in the U.S. and representative of the French space agency CNES in the U.S., citing the challenges of extending current barter arrangements to commercial stations. “We need to put on the table every option.”

The simplest approach — direct payments from space agencies to the companies operating commercial stations — could face political obstacles. “The taxpayers in Europe don’t want to pay directly to private American companies,” he said. [emphasis mine]

The highlighted words illustrate the fundamental problem. Europe on ISS has been for decades like a welfare queen. It has gotten access to space mostly free, since what it has offered in exchange for that access has never come close to matching what its work on ISS cost American taxpayers. Now that it will have to pay for that access in real dollars, some of its member nations are balking.

France for example still wants a free ride. Maubert suggested that Europe build its own space station, which means France wants its other ESA partners to help pay for the station that France wants to use.

I say, too bad. The costs on the private stations — built for profit and efficiency — will be far less that ISS. That cost will also be far far less than anything Europe might spend trying to build its own government station. Europe should bite the bullet and pay up. It won’t regret it.

Boeing’s write-off due to Starliner delays goes up to nearly $900 million

Capitalism in space: In a SEC filing on October 26, 2022, Boeing revealed that it has been required to spend another $195 million to cover the additional costs due to the further delays in getting Starliner launched, bringing the company’s total expense now to $883 million.

Boeing acknowledged today that it is taking a further $195 million charge against earnings for the CST-100 Starliner commercial crew program. Developed through a fixed-price contract with NASA, Starliner has encoutered a number of delays and Boeing must cover those costs. Added to $688 million already taken, the company now is spending $883 million of its own money on the program.

Boeing’s original fixed-price contract was for $4.2 billion, and included the test flights as well as six operational flights to ISS. However, numerous problems caused repeated delays and the need to fly a second unmanned test flight. Originally planned for the spring of 2020, the first manned Starliner flight is now targeting February 2023, three years behind schedule. Due to that delay, SpaceX’s Dragon ended up getting new contracts that included many of the later operational flights that Boeing would have earned. Right now, even if the capsule begins flying in ’23, NASA’s already purchased six flights will cover its needs through around ’26.

After that, NASA will still need to buy manned flights, if only to get to the new commercial space stations being built, and Starliner will then be an option. This just means however that it will take Boeing a long time to recover its Starliner losses. And that assumes customers begin to line up to buy flights.

Orbit Fab, the company building gas stations in space, gets new investor

Though the amount invested has not been revealed, Orbit Fab announced yesterday that it has obtained a new investor to fuel its effort to build the first gas stations in space.

Orbit Fab said that 8090 Industries was a “new major investor” in the company, but did not disclose the size of the investment. The company had previously raised a total of $17 million, including more than $10 million in a September 2021 round that included Lockheed Martin Ventures and Northrop Grumman.

Orbit Fab’s goal is to provide satellite makers a way to more easily and cheaply refuel their satellites, thus allowing them to not only launch for less cost but to last longer once in orbit. In August it announced it is aiming to launch a hydrazine refueling depot for geosynchronous satellites by 2025.

1 60 61 62 63 64 271