Charter Space

The bottleneck in spacecraft manufacturing now is now friction in logistics and operations processes. Even as the hardware side of space activity gets cheaper and easier, capitalizing on these advancements has remained difficult because of the tools to support the 'human factor' has not kept up, and that's resulted in the relative difficulty (and corresponding cost) of managing a space mission's operational and logistical elements now eclipsing the difficulty of actually constructing spacecraft. So much of the space industry runs on analog processes and excel that engineering teams are left with long timelines and endless back-and-forths with suppliers, with a lot of avoidable mistakes and wasted time incurred because of inefficiency. 60% of engineering hours in the industry are wasted because of this inefficiency, resulting in thousands of hours and millions of dollars wasted per mission. This loss of productivity, the cost incurred by delays, and the big-ticket losses of missions failing have led to an annual $44.5B drain across the entire space industry. That drain is what Charter is here to solve.

• In closed beta with select companies and the NASA Jet Propulsion Lab. 100+ more companies waitlisted;
• Partnered with NASA JPL, Lloyds of London, US Space Command, the UK Space Agency, Techstars, Capital Factory, K2 Space, Leaf Space, RBC Signals, Digantara, and more;
• Team with deep industry expertise from Rocket Lab, Microsoft, Meta, frog Design, Google, NASA JPL, and Credit Suisse.

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  Charter Space brings fintech to spacecraft insurance and is showing off its stuff at TechCrunch Disrupt 2025 | TechCrunch

  TechCrunch · Oct 28, 2025

  The goal is faster, cheaper, and more reliable risk evaluation for spacecraft insurance, and eventually to power new forms of credit and nondilutive funding for space companies looking outside venture capital and the public markets.