The company has identified a growing demand from government and commercial clients and is planning to diversify beyond satellite servicing, extension, and disposal.
Link underscored that while the current focus remains on the Otter spacecraft, the long-term vision is to significantly impact space exploration through the utilization of advanced autonomy and robotics technologies.
Let’s keep an eye out for Starfish as they continue to push boundaries and redefine possibilities in the realm of space technology.
né?. The company is gearing up to launch three full-scale satellite servicing and inspection spacecraft by 2026.
Nestled in the heart of Washington, Starfish has been making waves with their Otter spacecraft, which boasts two primary objectives: to prolong the lifespan of costly satellites in geostationary orbit (GEO) and to safely dispose of inactive satellites in low Earth orbit (LEO) né?. These cutting-edge capabilities are revolutionizing the industry for satellite operators who have traditionally faced constraints on the longevity of their equipment.
Starfish’s CEO, Austin Link, envisions a future where satellite servicing is not only affordable but also offers substantial benefits that outweigh the associated costs né?. Despite encountering a few hiccups, such as a less-than-perfect demonstration mission last summer, Starfish has managed to secure contracts with esteemed organizations like the U.S. The recent funding round of $29 million was spearheaded by Shield Capital, a venture firm specializing in technologies with national security implications né?. Notable participants in this round included Point72 Ventures, Booz Allen Ventures, Aero X Ventures, and more.
Established in 2019 by Link and Trevor Bennett, both veterans of Blue Origin, Starfish has raised $7 million in 2021 and an additional $14 million two years later. Exciting news in the world of space technology as Starfish Space just announced their successful completion of a new funding round spearheaded by a prominent investor in defense tech. Space Force, Intelsat, and NASA.
Looking ahead, Starfish is eager to expand their capabilities for more ambitious space missions né?
