Tag: Momentus

NASA adds three orbital tug startups to its contract bid list

9:55 am

NASA yesterday added three orbital tug startups to its contract bid list, allowing these companies to bid on projects that require the deployment of NASA smallsats to different orbits after launch.

NASA announced Aug. 22 that it selected Arrow Science and Technology, Impulse Space and Momentus Space for its Venture-Class Acquisition of Dedicated and Rideshare (VADR) contract. That selection allows them to compete for task orders for launching specific missions, typically small satellites willing to accept higher levels of risk in exchange for lower launch costs.

Arrow provides small satellite companies the deployment equipment used to release the satellite after launch. Impulse and Momentus have orbital tugs that not only deploy smallsats, but move them to their preferred orbit after the tug’s release from its launch rocket.

This NASA announcement allows its smallsats to be launched on either a dedicated small rocket that puts the satellite in its desired orbit or as part of a larger rideshare launch with many satellites that then uses the tug to get the satellite where it needs to be.

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Momentus delays next orbital tug mission due to lack of funds

3:24 pm

The orbital tug startup Momentus has now delayed its next orbital tug mission, scheduled to launch in March on a SpaceX Falcon 9 rocket, due to shortage of cash in the bank.

In a filing with the U.S. Securities and Exchange Commission Jan. 12, Momentus announced it did not plan to fly its next tug, Vigoride-7, on SpaceX’s Transporter-10 rideshare launch in March. The company said it called off the flight because of its “inability to support continuing operations for the expected launch date as a result of the Company’s limited liquidity and cash balance.”

The company said in November that it has signed up seven customers who planned to deploy satellites on Vigoride-7 and two other customers who would operate hosted payloads on the vehicle, but did not identify then. Momentus also intended to fly a rendezvous and proximity operations demonstration on the vehicle as part of its long-term plans for reusable tugs.

Momentus also announced the layoff of 20% of its full-time workforce, on top of the 30% layoffs which occurred in the third quarter in 2023. It appears from the SEC filing that these layoffs are a result of not winning the military contract to build its Tranche-2 constellation, won by Rocket Lab earlier this week.

The company is presently seeking new investment capital.

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Momentus fails to deploy three satellites on SpaceX’s multi-smallsat launch

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The orbital tug company Momentus failed to deploy the satellites of three of its customers following November’s SpaceX multi-smallsat Transporter launch.

Momentus announced Dec. 5 that three of the five satellites that it flew on the Transporter-9 launch Nov. 11 did not appear to deploy from the Falcon 9’s upper stage. The company used a third-party deployer, rather than its own Vigoride tug, on that mission, and said that it was able to confirm that the Hello Test 1 and 2 satellites from Turkish company Hello Space were released.

The Momentus deployer remained attached to SpaceX’s upper stage, which as planned fired a de-orbit burn after completing the deployment schedule of its 90 satellites. All the satellites that used SpaceX’s deployment system apparently deployed properly.

In 2022 Momentus’s own orbital tug, Vigoride, had problems deploying some satellites on its first test launch, though its second flight in July 2023 was completely successful.

The failure here will not only pose problems for that third-party deployment company as well as Momentus, it will do serious harm to the startups that launched the three lost satellites. One was American, while the other two were South Korean and Polish. The American company, Lunasonde, has been trying to develop a constellation of satellites designed to look for underground resources.

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The ups and downs of capitalism in space

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Two stories today illustrate how allowing freedom and capitalism to rule in the development of America’s aerospace industry carries with it the potential for wonderful achievements as well as depressing failures.

First the potential failure. Despite having successfully flown several missions demonstrating its orbital tug and service module for cubesats, the company Momentus has been forced to lay off 30% of its staff because of dwindling cash reserves.

Momentus reported a record quarterly revenue of $1.7 million in the second quarter, the first time it reported revenues of more than $1 million in a quarter. However, the company reported a net loss of $18.8 million and ended the quarter with $21.6 million of cash and equivalents on hand.

The company is presently scrambling to find new sources of investment capital, as it does not expect its income to grow sufficiently in the next year to keep itself above water, even though it should successfully fly more flights of its Vigoride orbital tug as well as a new service module version.

Next we have the potential achievement: The financial status of the startup satellite company Terran Orbital appears healthy and strong, mostly because of a $2.6 billion contract to build 300 satellites for the wireless communications company Rivada Space Networks. The first $180 million payment under that contract is expected this year.

At the same time, there are storm clouds in the distance, as there remain unanswered questions about whether Rivada has the resources sufficient to fulfill the contract.

During Terran Orbital’s Aug. 15 earnings call, H.C. Wainwright & Co analyst Scott Buck said Rivada’s vagueness about its plans for financing the constellation has caused “investor hesitation around the contract.”

Terran Orbital has already a number of successes building satellites for others, with its most significant achievement the CAPSTONE lunar orbiter it built for NASA. If the Rivada contract falls through I suspect the company will still be able to garner plenty of customers to survive.

For Momentus the situation is more dire, especially because it already faces strong competition from a number of other orbital tug companies.

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Momentus is now selling a version of its orbital tug simply as a service module for satellites

9:09 am

The orbital tug company Momentus has discovered that it can make money selling a version of its orbital tug simply as a service module, or bus, for commercial and military satellites.

The company announced Aug. 2 that it was now offering customers a bus called the M-1000. The bus is similar to the Vigoride orbital transfer vehicle that Momentus has flown three times so far, but without the water-based propulsion system it uses for changing orbits.

The bus emerged from limitations flying hosted payloads on Vigoride, which remain attached to the tug rather than deployed as satellites. Rob Schwarz, chief technology officer at Momentus, said in an interview that the company started gauging interest a year ago in hosted payloads on Vigoride, including from U.S. government agencies. “What we’re finding is that a lot of government customers don’t really want to borrow the bus and lease it, but instead they want to own it,” he said. “Also, in some cases, because of the sensitivity of the payloads they don’t want to share it with other users.”

That led Momentus to instead consider a version of Vigoride that would be a satellite bus sold to customers instead of provided as a service. It uses many of the same subsystems, like avionics and power, as Vigoride. Changes include improved pointing and options for third-party chemical and electric propulsion systems.

This is just good and smart business practice. Momentus has a product that doesn’t appeal to some customers, in its designed iteration. Rather than trying to deny reality, the company quickly accepted the situation and revised its product in a somewhat easy way so it can be sold to those customers.

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Momentus completes deployment of all payloads launched on board its Vigoride-6 tug

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Momentus yesterday announced that it has successfully completed deployment of all the payloads that were launched in April on its Vigoride-6 orbital tug.

So far, in three demonstration missions in fourteen months, the company has deployed fifteen customer satellites using its Vigoride tug, though two were sent into an incorrect orbit because of a “human error in the mapping of a software command.”

The company next two missions are presently scheduled to be launched in November 2023 and February 2024.

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Momentus and Astroscale team up to propose Hubble servicing mission

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Capitalism in space: The two orbital tug companies Momentus and Astroscale announced today that they have partnered to propose a servicing mission to the Hubble Space Telescope, designed to boost the telescope and extend its life.

The proposed mission concept, a commercial solution to extend the life of this important national asset without risk to humans, includes launching a Momentus Vigoride Orbital Service Vehicle (OSV) to low-Earth orbit on a small launch vehicle. Once on orbit, Astroscale’s RPOD technology built into the OSV would be used to safely rendezvous, approach and then complete a robotic capture of the telescope. Once mated, the OSV would perform a series of maneuvers to raise the Hubble by 50 km. Removal of surrounding and threatening space debris in Hubble’s new orbit using the Vigoride and Astroscale’s RPOD capabilities will be prioritized after the completion of the primary reboost mission.

As I have written repeatedly, Hubble is a telescope that refuses to die. I predicted that come the 2030s, when its orbit had decayed to a point that it either had to be de-orbited (NASA’s preferred option in the past when it ran everything) or be lifted to a higher orbit to extend its life, people would find a way to lift it.

Now that private enterprise is running the show, NASA is taking advantage of that to ask for private solutions to save Hubble, and not surprisingly it is quickly getting them.

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Momentus test orbital tug successfully raises orbit using water-ionized thrusters

9:29 am

Momentus’s Vigoride test orbital tug has successfully raised its orbit using a ion thrusters that use water as their fuel, proving that the tug can be used to bring smallsats launched as secondary payloads to their preferred orbits.

According to tracking data, Vigoride-5 is in an orbit at an average altitude of 524.3 kilometers as of late May 7, about two kilometers higher than it was in early April, when the maneuvers started. The vehicle’s orbit had been gradually decaying since its launch in early January on the SpaceX Transporter-6 smallsat rideshare mission, descending about five kilometers before the maneuvers started.

The test of the MET is a major milestone for Momentus, which is relying on the technology to propel its tugs that will deliver satellites to their desired orbits. Technical problems with its first tug, Vigoride-3, launched nearly a year ago, kept the company from testing the MET on that vehicle.

Vigoride-5 is carrying a single smallsat, for Singapore-based Qosmosys, that it will release, although the companies have not disclosed the planned orbit for that spacecraft. The tug will also operate a hosted payload from Caltech to demonstrate space-based solar power technologies for several months.

The company already has another Vigoride in orbit that launched in April, carrying its own set of payloads for orbital transport.

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Momentus reports successful use of its new water-based thrusters on its orbiting Vigoride-5 tug

8:55 pm

The orbital tug startup Momentus on March 23, 2023 reported the successful use of its new water-based thrusters on its orbiting Vigoride-5 prototype tug, proving the design works.

The Reaction Control System operates using the same propellant and tank with water as the Vigoride spacecraft’s primary MET propulsion system. The MET is designed to use water as a propellant and produce thrust by expelling extremely hot gases through a rocket nozzle. Unlike a conventional chemical rocket engine, which creates thrust through a chemical reaction, the MET is designed to create a plasma and thrust using microwave energy. When operational, the MET will be used to raise the orbital altitude and inclination of Vigoride-5.

Essentially this is a variation of an ion engine. The thrust will be low, but very efficient. The thrusters can therefore fire for a very long time, building up accelerations infeasible for chemical engines, and thus allowing the tug to significantly change the orbits of satellites in ways that was previously impossible.

This release came out the day before NASDAQ announced that Momentus has six months to raise the price of its stock above one dollar or be delisted from the stock exchange. Since its release, the stock price rose from $0.54 to $0.63, still below a dollar but going in the right direction, despite the NASDAQ announcement.

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NASDAQ gives two more space companies delisting warning

10:25 pm

NASDAQ yesterday told the space companies Momentus and Spire they have six months to get their stock price over $1 or the stock exchange will delist each.

Small satellite builder and data specialist Spire Global received a notice from the New York Stock Exchange, while spacecraft delivery company Momentus received a notice from the Nasdaq. Under the respective exchanges’ compliance rules, the companies have 180 days, or about six months, to get their stock prices back above $1 a share.

Spire’s stock closed at 69 cents a share on Friday, having first slipped below $1 a share on Mar. 7. Momentus’ stock closed at 63 cents a share, slipping below $1 a share on Feb. 7.

Both companies now join Astra under the same threat. Both also have indicated they will consider a reverse-stock split, combining stocks to reduce the total number in order to bring the price above one dollar.

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Momentus has now deployed seven of ten customer payloads from its Vigoride tug

10:59 am

Capitalism in space: Despite technical communications issues after deployment of the first test flight of its Vigoride orbital tug, Momentus yesterday announced that has now deployed seven of ten customer payloads.

This announcement is somewhat of a surprise, as in June the company had said it would not be able to deploy anymore payloads due to the communications and solar panel problems Vigoride was experiencing.

The update also noted that the company is incorporating changes in its next Vigoride tug, scheduled to launch in November.

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Kepler signs up D-Orbit’s orbital tug for its next two satellites

9:56 am

Capitalism in space: The Canadian company Kepler — which already has nineteen satellites in orbit providing data communications — will use the orbital tug developed by the start-up D-Orbit and dubbed ION on its next two satellites.

After separating from the launch vehicle, D-Orbit intends to use ION to drop Kepler’s satellites off at a sun-synchronous orbit (SSO) between 500 and 600 kilometers. Each satellite is the size of six cubesats, a standard smallsat form factor measuring 10 centimeters on each side.

Kepler previously had a deal to use Momentus’s Vigoride tug, but delays and further in-orbit technical problems with that tug has apparently forced it to switch to D-Orbit.

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Momentus concedes its Vigoride tug will probably not be able to deploy more satellites

9:32 am

Capitalism in space: Momentus yesterday conceded that because of the problems that have dogged the first flight of its Vigoride tug, it will probably not be able to deploy the remaining smallsats on board.

Previously the company had said that communications issues were interfering with deployment. This update revealed that the tug’s solar arrays had also not opened as intended.

After initially experiencing these anomalies, we were able to deploy two customer satellites from Vigoride on May 28. Since that time, we have continued efforts to deploy other customer satellites, but have not confirmed any subsequent deployments. While we previously established two-way communications with the Vigoride vehicle, we have not been able to continue such two-way communication, which we believe is due to the low power situation on the vehicle due to the deployable solar arrays not operating as intended.

Though this update is very unclear on this point, it appears that Vigoride was able to deploy three objects in total, or a total of six smallsats. How many additional smallsats failed to deploy is not clear.

The company plans its next launch in November, with additional launches next year.

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Momentus’s space tug successfully deploys two smallsats, despite communications issue

8:21 pm

Capitalism in space: In a brief update released on May 31st, Momentus announced that despite the communications issues engineers are having with the communications system on its Vigoride space tug, it was still able to successfully deploy two smallsats several days earlier.

The update also says that the company plans “… to continue work to address the anomalies on the Vigoride spacecraft announced on May 27 and deploy additional customer satellites.”

Based on these updates, as well as the company’s description of this mission, it is not clear how many other smallsats still need to be deployed.

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First test flight of Momentus’s orbital tug has issues

8:49 am

Capitalism in space: According to a short press release from the company, tirst test flight of Momentus’s orbital tug — launched on a Falcon 9 on May 25th, has communications issues.

We have established two-way contact with the Vigoride Orbital Transfer Vehicle, and as is often the case with a new spacecraft, have had some initial anomalies. We are using an unplanned frequency as we work through this and are applying for a Special Temporary Authority (STA) with the FCC to address that in order to help command the vehicle back to nominal configuration. Our engineering and operations team is working to address the anomalies.

No further details have so far been released.

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Momentus gets final launch permits for its space tug

9:30 am

Capitalism in space: After a year delay due to government security concerns, Momentus has finally gotten all the launch permits required for a launch later this month on a Falcon 9 of its space tug, Vigoride, on its first orbital test flight.

In late April Momentus had gotten FCC approval. Now it has gotten clearance from the FAA. The FAA had blocked last year’s launch because of security concerns related to the foreign connections of several of the company’s founders/investors. Those individuals have now left the company, clearing the way for license approval.

The delay however caused Momentus to lose several customers while allowing another space tug competitor, Launcher, to catch up.

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Momentus losing contracts due to security concerns

9:37 am

Capitalism in space: The orbit tug company Momentus appears to be losing some of its contracts because of security concerns that have delayed FAA approvals of its launch licenses and forced the cancellation of flights.

The company delayed the launch of its first Vigoride vehicle, which was to fly on a SpaceX rideshare mission in January, because it could not complete a payload review by the Federal Aviation Administration’s Office of Commercial Space Transportation in time. Momentus said that the FAA could not approve the payload “due to national security and foreign ownership concerns regarding Momentus raised by the DoD during an interagency review.”

Momentus now hopes to launch that first Vigoride mission on another Falcon 9 rideshare mission in June. The company said the FAA is still working on that interagency review that is being held open by the Defense Department. The review needs to be completed by the end of May for the company to keep its slot on that June launch.

The company has also lost a contract with Lockheed Martin, which though the reasons have not been stated probably relates to the same issue.

That issue apparently is the company’s former chief executive Mikhail Kokorich and its co-founder Lev Khasis and his wife. To address these concerns, Kokorich has stepped down, and the Khasis have put their shares in the company in a voting trust and will divest them within three years.

All does not appear lost however. Momentus Vigoride tug is presently the only option available for cubesats that need an upper stage to move them to different orbits, and it appears that neither Lockheed Martin nor its other customers are entirely abandoning it. They are simply playing safe, standing back, and waiting until the security issues are resolved and the FAA gives its approval.

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Momentus signs deal to deliver two private cubesats to lunar orbit

11:55 am

Capitalism in space: Momentus has signed a deal with a Singapore startup to provide the transportation to lunar orbit of two cubesats using its next generation space tug.

Momentus Inc. (“Momentus” or the “Company”), a commercial space company offering in-space infrastructure services, and Qosmosys, a new space venture founded in Singapore last year, announced today a service agreement to deliver two cubesats to low lunar orbit as early as 2024 via Momentus’ inaugural lunar mission.

The new contract builds and expands on the agreement announced in January 2021 for delivery of up to four cubesats in low Earth orbit by Momentus’ Vigoride service vehicle, starting in 2022. Qosmosys will expand its novel business ideas to the Moon using a specific bus named Zeus-MS, a version of its Zeus platform it has been developing in cooperation with NuSpace from Singapore, and made specific for lunar missions. Zeus-MS is the precursor to a series of multi-mission platforms that will allow organizations and businesses to host their payloads, and will offer individuals a bespoke, unprecedented line of services to the Moon on regularly scheduled flights.

“We are excited to partner with Momentus again, now onboard Ardoride’s inaugural lunar mission in 2024,” said Francois Dubrulle, CEO of Qosmosys. “Our vision is to make space accessible to all, and Momentus will help us achieve this goal through their efficient orbital services.”

Ardoride, the next generation service vehicle after Vigoride, will extend the range and capabilities of Momentus’s services beginning in 2023.

It is unclear who Qosmosys’ customers are for their lunar Zeus-MS cubesat platform, but I have no doubt they have plenty, many from the university community. For example, universities fund student-built cubesats for educational purposes. Why not make this a project to the Moon, rather than just in Earth orbti? The cost difference would not be much using these new private companies.

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Momentus forced to delay its first mission due to FAA bureaucrats

9:34 am

Capitalism in space? Momentus, aiming to provide satellite makers a tug that can move satellites to their preferred orbit, has delayed its first mission because the many bureaucrats in the federal government need more time to review the paperwork.

In a Jan. 4 statement, Momentus said the flight of its first Vigoride tug, which was to be part of the payloads on a Falcon 9 dedicated rideshare mission launching as soon as Jan. 14, will be delayed to later in the year because it was unable to get approval from the Federal Aviation Administration for the mission. “This move will allow for the additional time necessary to secure FAA approval of Momentus’ payloads, including completion of a standard interagency review,” the company said in a statement.

The company did not elaborate on that review, but part of the FAA commercial launch licensing process is a review of the payload that the agency describes as intended “to determine whether its launch would jeopardize public health and safety, safety of property, U.S. national security or foreign policy interests, or international obligations of the United States.” That process can include consultation with other government agencies.

In a Jan. 5 document filed with the Securities and Exchange Commission in the form of an interview, Fred Kennedy, president of Momentus, said there was no specific issue that was delaying that review. “The FAA did not express any specific concerns of its own, but rather indicated that more time was needed to complete its interagency review of Momentus’ payload,” he said. [emphasis mine]

The highlighted words reveal the truth. There is nothing wrong with the payload or its tasks. The problem is that several government agencies have not completed the paperwork, and so Momentus must wait. I imagine that there is a thick application sitting on some bureaucrat’s desk, requiring a signature, and that bureaucrat has been too busy collecting his or her paycheck at home because God forbid he or she might get the cororavirus by coming into work.

This is modern America. You don’t have the real freedom to do what you want. You must sit, twiddling your thumbs, while your betters in Washington decide whether they will allow you to do it. It doesn’t matter they know little or nothing about your goals. All that matters is that they are in charge, and can boss you around at their whim.

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Momentus to go public

9:29 am

Capitalism in space: Momentus, an company focused on providing tugboat services in orbit, will become a publicly traded stock in conjunction with its merger with another investment company.

In recent months, Momentus has expanded its staff and business line to include hosting payloads and capturing satellites already in orbit with a robotic arm the firm is developing with Made In Space Europe, a Redwire subsidiary.

Through the merger and public offering, Momentus hopes to obtain capital to speed up development of its family of space tugs. In addition to Vigoride, Momentus is developing Ardoride, a vehicle to move small and medium-size satellites to custom orbits, and Fevoride, a vehicle to move “dozens of tons of cargo anywhere in outer space,” according to the Momentus website.

With this deal I think there will be two new space companies traded publicly, Momentus and Virgin Galactic. Unlike Virgin Galactic, whose stock is based on smoke and mirrors, Momentus is actually providing a commercial product that fills a need in space, and sounds like a good investment.

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Swarm and Momentus team up to launch and position satellites

9:37 am

Capitalism in space: Swarm, builder of the tiny cubesats dubbed SpaceBees, has teamed up with Momentus to use that company’s Vigoride cubesat upper stage to position its satellites in different orbits after launch.

Under an agreement announced April 22, Momentus will arrange rides for 12 Swarm SpaceBee satellites on a SpaceX Falcon 9 rideshare mission in December 2020 with additional SpaceBee launches scheduled in 2021 and 2022.

To offer global coverage for customers seeking to relay messages through the internet, Swarm satellites must be stationed in different orbital planes and spread out within those orbital planes like a string of pearls, Sara Spangelo, Swarm co-founder and CEO, told SpaceNews.

For the Falcon 9 launch in December, Momentus will not move Swarm SpaceBees to a new orbital plane. In the future, Momentus’ Vigoride in-space shuttle will offer Swarm the option of moving SpaceBees from the rocket’s drop-off point to different locations, Negar Feher, Momentus vice president of product and business development, said by email.

Both companies have raised significant investment capital.

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Momentus wins contract with Taiwan university

9:58 am

Capitalism in space: Momentus, a company that sells a small upper stage designed to provide orbital transportation for cubesats, has won a new contract with Taiwan university.

Under the agreement, Momentus will provide in-space transportation for a satellite mission called Intelligent Remote-Sensing and Internet Satellite (IRIS)-A. Odysseus is providing pre-launch testing and arranging launch services for the IRIS-A mission developed by Taiwan’s National Cheng Kung University. IRIS-A is designed to test technology to improve the quality of downlink signals.

In spite of the COVID-19 pandemic, Momentus executives say they are continuing to sign up customers interested in traveling on Vigoride, a vehicle to move small satellites from their drop-off point in orbit to their final destination.

The article does not say what rocket will launch the cubesat plus Vigoride, but Momentus has a contract with SpaceX to launch five cubesats as secondary payloads, so this is probably how the payload will reach orbit.

Normally cubesats launched as secondary payloads on big rockets like the Falcon 9 have very limited options on the orbits they can reach. The primary payload’s requirements are what rules. The idea here is Vigoride takes over once deployed and moves the satellite to the exact orbit needed. If Momentus is successful in doing this it will give cubesat makers many more launch options. It will also put more competitive pressure on the smallsat rockets like Rocket Lab’s Electron, since its main selling point is how it can put cubesats where they want to go, something that bigger rockets have not been able to do, up until now.

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Momentus announces new customer for its cubesat upper stage services

9:34 am

Capitalism in space: Momentus, an company that is offering an upper stage to move tiny cubesats into higher orbits after launch, has announced that the United Kingdom cubesat company SteamJet has purchased that upper stage for use when its next satellite is launched on a Russian Soyuz rocket later this year.

Momentus’s approach signals a fundamental change that commercial space is now undergoing. Traditionally the launch company would provide this kind of service, but for cubesats flying as secondary payloads that isn’t possible. Momentus is thus taking it on as an independent secondary launch service for cubesats alone. With this announcement the company already has five customers, with launches scheduled for the next two years.

SteamJet also is most intriguing along these same lines.

Once in orbit, SteamJet intends to demonstrate a propulsion system that uses water or another low pressure, non-toxic, non-corrosive fluid propellant to create thrust. SteamJet houses its propulsion system in a module shaped like a tuna can that attaches to the exterior of a cubesat.

A lot of exciting things are going to be happening in space in this coming decade, and almost all will be because of private enterprise, freedom, and competition, fueled by profit.

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Relativity gets another launch contract

11:58 pm

Capitalsm in space: The smallsat rocket company Relativity has signed another launch contract, this time with Momentus, a company making orbital smallsat tugs capable of transporting smallsats to higher orbits.

The launch agreement, announced during Euroconsult’s World Satellite Business Week here, covers one launch of Relativity’s Terran 1 rocket in 2021 with an option for up to five additional launches. The companies did not disclose the terms of the agreement, but Relativity offers the Terran 1 for a list price of $10 million.

The 2021 launch will fly Momentus’ Vigoride Extended tug, capable of carrying up to 350 kilograms of satellites. The tug will transport the satellites from an initial low Earth orbit to geostationary orbit using its water plasma thruster technology.

This is Relativity’s fourth launch contract, all signed prior to their first test launch. Right now they hope to start test flights late in 2020, with their first operational flights in 2021.

Momentus meanwhile adds a capability to all these smallsat rockets, essentially providing them an upper stage that will get the smallsats they launch from low Earth orbit to geosynchronous orbit.

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One smallsat satellite company hires another

10:07 am

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.

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