Orbit Fab Secures Additional Seed Round Funding for its Gas Stations in Space

SAN FRANCISCO (Orbit Fab PR) — Orbit Fab, the Gas Stations in Space company, announced that it has raised a seed extension round led by Munich Re Ventures, the strategic corporate venture capital arm of Munich Re Group, one of the world’s leading providers of reinsurance, primary insurance, and insurance-related risk solutions. 

The funding will help Orbit Fab achieve its vision of an in-orbit ecosystem for satellite servicing, national security, and space commercialization. Orbit Fab recently announced that it will launch its first fuel tanker, Tanker 001 Tenzing, in the coming year.

(more…)

Orbit Fab to Launch Orbital Fuel Depot Next Year

by Douglas Messier
Managing Editor

Orbit Fab plans to launch its first operational fuel depot into orbit aboard a SpaceX Falcon 9 rocket no earlier than June 2021.

Orbit Fab’s Tanker 001 Tenzing will store propellant for satellite serving spacecraft and other vehicles that need refueling. The spacecraft will be placed in a sun synchronous orbit by one of Spaceflight Inc.’s Sherpa orbital transfer vehicles.

(more…)