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 (including an enterprise and startups) and the NASA Jet Propulsion Lab. 80+ companies waitlisted;
- Graduated the Techstars Space Accelerator in 2022;
- $150K ARR under contracting and converting. $545K ARR in LOIs. Another $1.5M in qualified leads likely to convert in next 12 months. Total pipeline worth $18.3M ARR;
- Letters of support from the Virginia Spaceport Authority, NASA JPL, and the Air Force Digital Transformation Office;
- Development partners include Virginia Space, NASA JPL, the UK Space Agency, AWS, Leaf Space, RBC Signals, Prewitt Ridge, and Digantara;
- Recruited rockstar team, including a 2x exited aerospace founder, hailing from Microsoft, Meta, Google, Northrop Grumman, NASA JPL, Credit Suisse, Capgemini, and IBM.