In Orbit Aerospace

Microgravity, Delivered

About In Orbit Aerospace

In Orbit Aerospace is a space third-party logistics (3PL) service provider supporting in-space manufacturers and researchers with a cost-effective and frequent method to host their manufacturing labs in orbit and return their finished products.

Our customers are ready to make the most advance semiconductors, life-saving pharmaceuticals and medicines, and the most efficient fiber optics utilizing the microgravity environment of space. However, they need power and data while on orbit and a the capability to bring their products back home. Together, we can elicit the next Industrial Revolution, not on Earth, but from In Orbit!

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Problem statement

There's only one location in space where you can go to perform microgravity research and manufacturing: the International Space Station (ISS). The ISS is a fantastic platform, the pinnacle of engineering. However, it has a few drawbacks: it's expensive ($120k per kilogram!), there is minimal access (wait times often over 18 months), and very restrictive on experiment types and hardware (due to astronaut safety). Those who want to access space to manufacture products and perform research in space need more options.

Traction information

We have a $500k in committed revenue for future flights from top tier space manufacturing organizations

Our payload bay is full for our first mission. In fact, we received more demand than we had space from our customers.

We've generated a $180MM soft pipeline for future flights and are actively transitioning those to formal agreements

We received and completed phase I STTR with US Space Force on our novel electro-adhesive docking solution. We're working toward the $1.25MM phase II now.

We have a Space Act Agreement with NASA, where they are providing their expertise on the thermal protection system for our spacecraft. They will provide us with the first heat shield, and then transfer the manufacturing technology over to us so we can produce our own.

Recently, we were selected to send our patent-pending Resource Exchange Module to the International Space Station! This is for an early 2025 mission timeframe and we will demonstrate autonomous docking and resource transfer in the microgravity environment.

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Milestones

September 2023

Build prototype of the Resource Exchange Module

When we asked customers if they wanted to save money and get more revenue, they obviously said yes. We then asked if leaving their labs in space and just shipping their products would allow them to achieve that, they also said yes. We then asked if they had any idea how to do that, they said no, and we happily sought to solve that problem for them.

Our solution was the Resource Exchange Module (REX). This is a module robotic system that sorts and exchanges materials between itself and other space assets, such as stations, manufacturing equipment, or another REX. We prototyped and built the first version that operates in an autonomous mode to transfer a resource between itself and another REX. See the video here:

https://inorbit.docsend.com/view/2jkmce9n7jba2d7y

September 2023

Secure Customers for First Launch

For our first re-entry mission in 2024, In Orbit had a milestone to fill the payload bay. This re-entry mission featured a 20cm x 20cm x 10cm payload bay with a total mass capability of 10kg. We received more demand for this mission than we had room for!

The reservation agreement is signed and final contract is in progress.

August 2023

Receive a binding, milestone-based agreement for a paid future flight

To lock in our future pipeline and also provide a low-risk method for our customers to secure future flights, we developed a memoranda of understanding with terms committing to a future flight. These terms are binding and contingent on us performing a successful re-entry mission in advance of the terms becoming binding.

We received our first signed agreement of this form from a well established Space Pharmaceutical company. This agreement generates $20k per kilogram for no less than 24 kilograms of payload for a $480k value.

May 2023

Receive and complete a Government Contract

As a dual use company, it is important for us to submit and receive government proposals. After probably a dozen submissions, and numerous ‘selectable/unfunded’ results, we were selected and funded.

In partnership with University of Colorado at Boulder (CU Boulder), we received a $75k phase I STTR to perform a feasibility study on electro-adhesive docking. Under this study, CU Boulder would develop the physics and force model and In Orbit would perform on-orbit simulations of the docking procedure.

December 2022

Completed Prototype of Full Scale Retriever

To get a sense of the scale of our vehicle and confirm we could manufacture the capsule structure to mass specifications on a low-budget, we set out to produce a carbon-fiber prototype structure of our Haven Retriever re-entry vehicle. This vehicle is 1.2m in diameter, 1.3m tall, weighs just 15kg (but feels indestructible!), and is quite imposing.

August 2022

Reach $100MM in Letters of Intent

To gain initial traction in our specific service and validate the market, we set out to build relationships with customers and get letters of intent and support. With the letters of intent, we were able to capture what our customer base was willing to pay and how often they were looking to fly over the coming years.

In Orbit understands these letters are non-binding and don’t represent sales contract. These, along with letters of support and memoranda of understanding, served to capture the value our customers see in our service.

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Pitch deck

Funding

Currently raising capital

$725,000
committed
$3,000,000
goal
Total raised to date:$1,977,000