Proteus Space

Proteus Space is developing a proprietary approach that digitizes and automates satellite requirements and design, incorporates 3D printing to optimize manufacturing, and modernizes testing protocols. This approach reduces the time to market from three years to six months. Their immediate opportunity is to displace as many of the existing small satellites manufacturers currently winning contracts by being faster to production and doing so at a lower cost. For context, there will be about $4B spent by the DoD on 200 small sats over the next two year buying cycle. Right now that spend goes to public satellite companies with bloated cost structures and build times 6x longer and 10x more costly than what they could be. Newer startups often lack experienced team members that have sold to the DoD or build products that have gone to space before. With Proteus, the US can launch satellites cheaper and faster than the legacy providers, which is essential as the demand for in-orbit operations rapidly grows over the next decade.