Atomos Tows A $16M Load Of Funding To Create Tugboats In Space
01/27/23, 7:01 PM
Location
Industry
transportation
You may not have known that space needs tugboats, but now you do — and Atomos Space just closed a $16.2 million Series A investment, which will enable the company to complete its demonstration mission where it will show off its docking and towing capabilities. The company is building a series of Orbital Transfer Vehicles (OTV) that makes it possible to reposition satellites in space. The theory is that, by making it possible to move flying objects into different orbits, they don’t have to have full navigation capabilities themselves, which in turn should make operating spacecraft much cheaper. The company claims its existence effectively halves the launch costs of satellite operators.
Company Info
Location
1644 platte street
denver, colorado, united states
Additional Info
Atomos is developing orbital transfer vehicles that reduce the cost of access to space by fostering greater ridesharing in launch vehicles. We allow payloads to reach unique destinations on orbit without requiring their own heavy, expensive (high delta-v) propulsion systems. With our rendezvous and capture technology, we can also redeploy satellites to new missions, expanding their capabilities without reducing orbital lifetime.