Updates, milestones, and links shared by In Orbit Aerospace.
Through an organization in Special Forces, In Orbit has been notified of an incoming award within the next 60-days. The focus is to develop larger variants of our StratoDrop systems with modular payloads. Approximately 60% of the $2MM award is for R&D on the systems with the other 40% on initial batch production.\r\n\r\nThis work will provide a major acceleration in our capabilities. It not only increases our payload capacity by an order of magnitude, but expands the mission sets and capabilities through accommodating modular payloads.\r\n\r\nIn Orbit will leverage this contract for sole source awards and expanding the pool of customers beyond those interested in cargo delivery.
Air Force Central Command has purchased an initial batch of StratoDrop systems for evaluation in operational environments. This is a major milestone showcasing that interest in our capability for long-range cargo delivery is more than just verbal. In Orbit is continuing to work with AFCENT towards larger acquisition through testing of the systems over the next year.\r\n\r\nSpecific contracting paths to larger quantity orders have been identified. The price and performance of our system has also been received very favorably.
High-Altitude Balloons (HABs) are great tools for transiting the stratosphere for long distances or carrying sensors to image the ground or provide communications relays.\r\n\r\nThey are slow to deploy and for distances over thousands of miles, take a long time to transit. In many cases, this isn't a problem. However, there are disaster and defense scenarios where eyes in the sky are needed nearly immediately. The Rocket Cargo program out of Air Force Research Lab is studying the use of rockets to transport cargo across the world in under an hour. They have awarded In Orbit a contract to develop a special decelerator that will deploy mid-air and allow a high-altitude balloon to rapidly inflate and stabilize, getting to its station in 1/10th of the time.
In Orbit has signed a Cooperative Research and Development Agreements with US Special Operations Command. This is an extremely worthwhile partnership where we will work with Special Forces end-users to test and evaluate our StratoDrop systems, identify mission threads and integration, and lastly identify paths forward to procurement.
This milestone marks an approximate time frame for In Orbit's pivot away from re-entry spacecraft to Stratospheric Cargo Delivery. This pivot was largely driven by customer interest.\r\n\r\nPlease reach out if you'd like to learn more.
In Orbit has been awarded a Phase II STTR from the Air Force to develop AI/ML-based algorithms to detect and correct faults on hypersonic vehicles. This work is sponsored by the Air Force Research Lab and the 49th Flight Test Squadron out of Edwards Air Force Base.\r\n\r\nA culmination of this work will be an operation mission on a hypersonic flight test vehicle in the late 2025 time frame.
In Orbit has been awarded a $1.8MM Grant to further develop their docking technology. This is in partnership with the University of Boulder at Colorado and sponsored by the Air Force Research Lab and Space Systems Command's Assured Access to Space.
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.\r\n\r\nWe 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.
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.\r\n\r\nIn 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.
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.\r\n\r\nIn 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.
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.\r\n\r\nOur 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:\r\n\r\nhttps://inorbit.docsend.com/view/2jkmce9n7jba2d7y
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.
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!\r\n\r\nThe reservation agreement is signed and final contract is in progress.