Loft Orbital Signs Agreement with Airbus to Procure More than Fifteen Arrow Satellite Platforms

Airbus Arrow platform (Credit: Airbus)

Tangible proof of What’s Next in Space: the entire space ecosystem working together to deliver the best space possible

TOULOUSE, France, 14 January 2022 (Airbus PR) – Airbus has been contracted to supply space start-up Loft Orbital with more than fifteen satellite platforms derived from the Airbus Arrow platform.  Arrow is the foundational satellite platform of the OneWeb constellation. There are 394 Airbus Arrow platforms in orbit for the OneWeb constellation and a further 254 are being produced to complete the 648 spacecraft required by OneWeb. With this acquisition, Loft Orbital confirms its intention to make the Airbus Arrow platform a true workhorse enabling its service business model.

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Loft Orbital Extends Production Agreement With LeoStella

SAN FRANCISCO & TUKWILA, Wash., January 06, 2022-(Loft Orbital/LeoStella PR) — Loft Orbital Solutions, Inc. (Loft Orbital), a leading space infrastructure-as-a-service provider, and LeoStella, Inc., a specialized satellite constellation design and manufacturing company, have extended their production agreement to secure multiple additional LEO-100 buses from LeoStella. These satellite buses are the latest in a series Loft Orbital has secured from LeoStella.

The satellites are based on LeoStella’s existing product line of ESPA-class buses. LeoStella’s active production line of commercial buses creates an opportunity for customers to acquire high-quality satellites while staying within new-space cost and schedule constraints. This procurement exemplifies Loft Orbital’s novel strategy of utilizing commercial-off-the-shelf (COTS) satellite buses to fly any kind of payload in LEO at unparalleled speed to orbit and reliability. This partnership is a crucial enabler for Loft Orbital’s focus on making space simple.

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New Symphonie Consortium Wins Concept Study for European Commission to Shape Future Global Connectivity by Satellite

The European consortium led by UNSEENLABS and EUROCONSULT has won a concept study for the European Commission aiming to leverage disruptive ideas for an innovative European broadband constellation.

PARIS WASHINGTON D.C., MONTREAL, YOKOHAMA, SYDNEY, December 9th 2021 (New Symphonie PR) – New Symphonie, the recently established consortium of 22 European companies, has won the European Commission call for tenders entitled “New Space solutions for long-term availability of reliable, secure, cost-effective space-based connectivity”.

Selected for its exceptional innovation and familiarity with leading-edge technologies, the consortium led by UNSEENLABS and EUROCONSULT will be awarded a six month study contract for a total amount of 1.4m euros. Through the study, the consortium members will investigate and recommend to the European Commission the most optimal infrastructure for secure connectivity markets. The study aims at defining the secure connectivity requirements that could be addressed by a European multi-orbit satellite system to be conceptually designed with innovative technologies for an attractive business plan.  

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Spaceflight Inc.’s New Launch Contracts Bolster Growth of Space Infrastructure

New OTV missions seed infrastructure for situational awareness, IoT communications and fuel depots throughout LEO, GEO and cislunar

SEATTLE, Sept. 21, 2021 (Spaceflight Inc. PR) — Spaceflight Inc., the global launch services provider, announced it has recently signed several new launch agreements with a wide range of organizations that are expanding space infrastructure. The satellite constellations provide communications networks, device connectivity, weather forecasts, Earth observation, analytics networks, spacecraft collision avoidance, propellant depots, and more. Spaceflight is actively planning several Sherpa orbital transfer vehicle (OTV) missions to support these efforts in low Earth orbit (LEO), Geosynchronous Equatorial orbit (GEO) and other cislunar destinations.

Notably, Spaceflight has signed new launch deals with Astrocast, Canon Electronics, Capella Space, GeoJump, HawkEye 360, Orbit Fab, Loft Orbital, NASA, NearSpace Launch Inc. / Inter-Modal Holding LLC, Portland State Aerospace Society, Space Products and Innovation (SPiN), Spacemanic, University of Toronto Aerospace Team, Xona Space Systems, and several undisclosed U.S. government organizations.

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Nexus Inc. Successfully Launches Bitcoin Multisignature Wallet On YAM-2 Satellite Via SpaceX’s Reusable Falcon 9 Rocket

CAPE CANAVERAL SPACE FORCE STATION, Fla. (Nexus Inc. PR)  – In another strategic move to further aid cryptocurrency trading platforms circumvent land-based cybercrime, Nexus Inc., the world’s leading digital finance asset custodian company, has successfully launched its bitcoin multisignature wallet in space. With the recent SpaceX launch of the world’s first ethereum multisignature hardware onboard the International Space Station, and along with the recent deployment of the bitcoin multisignature node, Nexus Inc. becomes the only company and deep tech solutions provider in the world to offer both ethereum and bitcoin in-orbit transactional authentication solutions.

Nexus Inc.’s proprietary bitcoin blockchain node, already installed on the YAM-2 spacecraft, a rideshare mission operated by San Francisco-based space infrastructure provider Loft Orbital, sat onboard the SpaceX orbital-class reflight Falcon 9 rocket and jettisoned out of Cape Canaveral Space Force Station at launch site SLC-40 on Wednesday 30 June 2021 at 3:31pm Eastern Daylight Time. The YAM-2 satellite was then deployed by the SpaceX Transporter-2 launch mission 520km above earth. With the hardware payload in orbit, offline end-to-end encrypted data and security keys, stored remotely in space, are now able to complete bitcoin transactions under guaranteed ultra-secure conditions. By limiting to just 50 transactions a day, Nexus Inc.’s cryptocurrency clients are further fully insulated from would-be digital thieves as a result of its one-of-a-kind authentication protocols.

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Space Development Agency Successfully Launches First Missions

WASHINGTON (SDA PR) — The Space Development Agency today announced the successful launch of its first two satellite missions, Mandrake II and Laser Interconnect Networking Communications System (LINCS) and the Prototype On-orbit Experimental Testbed (POET) payload, on June 30 at Cape Canaveral Space Force Station, Fla.

The launch, supported by SpaceX’s Transporter 2, an all-rideshare Falcon 9 mission, carried aboard SDA’s first two sets of experimental satellites, designed and built with government and industry partners, to gather data on optical communication terminal (OCT) performance in low-Earth orbit (LEO), along with the POET payload to demonstrate on-orbit data fusion, proving out core capabilities required for SDA’s future development efforts.

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Hydrosat Raises $5M to Take on Climate Change from Space

Funding Led by Cultivation Capital to Power First Space Mission

WASHINGTON (Hydrosat PR) — Hydrosat, a company creating an infrared satellite constellation, announced that it raised a $5 million seed round led by Cultivation Capital, bringing its total raised to date to over $10 million. The round was led by Cultivation Capital with participation by Freeflow Ventures, the Yield Lab, Expon Capital, Techstars, Industrious Ventures, and Synovia Capital.

Hydrosat is flying a multi-spectral and thermal infrared mission with Loft Orbital on a SpaceX Falcon 9 in 2022. The company plans to launch an additional 16-satellite constellation with the capacity to scan the entire globe on a daily basis, generating science quality infrared data and an analytics-ready land surface temperature product.

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SpaceChain Announces New Commercial Use Cases for the Blockchain Industry in Outer Space

SpaceChain’s blockchain-enabled payload, incorporated with the space nodes of its customers, is heading to space aboard the SpaceX Falcon 9 rocket in June 2021; missions validate space-as-a-service adoption among organizations looking to address land-based infrastructure concerns that inhibit blockchain developments

SINGAPORE (SpaceChain PR) — SpaceChain today announced two launch missions slated for June 2021 which will see the successful deployment of its decentralized satellite infrastructure and  multisignature services by corporate customers, including digital asset management firm Nexus Inc., digital currency exchange Biteeu, and community project Divine.

Scheduled for June 3, 2021, the space node designed by SpaceChain will be launched into space aboard a SpaceX Falcon 9 rocket and installed at the International Space Station (ISS). This will be SpaceChain’s fourth blockchain payload launch into space, and the first demonstration of Ethereum technology integration into its hardware on ISS. The mission is made possible by Nanoracks and its Space Act agreement with NASA.

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Dragonfly to Deliver an Imager for Loft Orbital

STELLENBOSCH, South Africa, March 30, 2021 (Dragonfly Aerospace PR) — Dragonfly Aerospace is pleased to announce that it has delivered a customised Gecko electro-optical imager to Loft Orbital to fly on its YAM-3 satellite, due to launch in Q2 2021. The Gecko camera is an easy-to-integrate imaging solution with a compact design and includes large built-in mass storage. Its reliable performance comes from its mature flight-proven electronics and ruggedized optics.

This imager will be mounted to the exterior of the satellite and will be used to support tip-and-cue missions and demonstrations for customers.

“Dragonfly Aerospace is proud to be able to deliver one of our most popular products to Loft Orbital for their unique YAM programme. Our strategy is to partner with great companies from around the world to bring our vision of persistent high-quality imaging of the Earth to fruition. This mission with Loft Orbital is another step in the right direction.” Dragonfly Aerospace CEO Bryan Dean stated.

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Honeywell Selects Loft Orbital to Provide the Launch & Satellite Bus for Quantum Key Distribution Mission

SAN FRANCISCO, CA, August 4, 2020 — Loft Orbital Solutions Inc (Loft Orbital) has signed a contract with Honeywell to provide launch service and satellite bus for the Canadian Space Agency’s (CSA) Quantum EncrYption and Science Satellite (QEYSSat) mission, for which Honeywell is the prime contractor.

The QEYSSat mission will demonstrate Quantum Key Distribution (QKD), a groundbreaking technology that has the potential to revolutionize encrypted communications. To date, the first and only space-based QKD demonstration has been performed by the Chinese Micius spacecraft in 2017.

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Loft Orbital Selects LeoStella to Manufacture Multiple Satellites, Address Increased Demand for Space Infrastructure-as-a-Service

SAN FRANCISCO & TUKWILA, Wash., July 21, 2020 (Loft Orbital/LeoStella PR) — Loft Orbital Solutions Inc. (Loft Orbital), a Space Infrastructure-as-a-Service company, has signed a contract with LeoStella, a specialized satellite constellation design and manufacturing company, to build and integrate satellite buses for several upcoming Loft Orbital missions.

Under the contract, Seattle-area LeoStella will use its state-of-the-art manufacturing facility, which opened in 2019, to produce multiple satellites based on ESPA-class buses for use in Loft Orbital’s upcoming missions, including its YAM-3 and YAM-5 satellites. YAM stands for “Yet Another Mission.” These buses will be nearly identical in design to the LeoStella satellite bus product line it has developed for other customers.

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Spaceflight Inc. Unveils Next-Gen Orbital Transfer Vehicle to Fly Aboard Next SpaceX Rideshare Mission

Sherpa-FX transfer vehicle (Credit: Spaceflight)

SEATTLE, July 15, 2020 (Spaceflight PR) — Spaceflight Inc., the leading satellite rideshare and mission management provider, announced today that it will be flying its next generation orbital transfer vehicle, Sherpa-FX, on a fully dedicated rideshare mission with SpaceX. The mission, called SXRS-3 by Spaceflight, is scheduled to launch on a Falcon 9 no earlier than December 2020. Spaceflight has contracted 16 spacecraft for this mission from organizations including iQPS, Loft Orbital, HawkEye 360, NASA’s Small Spacecraft Technology program, Astrocast, and the University of South Florida Institute of Applied Engineering.

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Loft Orbital Awards Contract to Exolaunch to Launch YAM-3 Microsat on Falcon 9

BERLIN, June 10th, 2020 (Exolaunch PR) – Exolaunch, the leading rideshare launch and deployment solutions provider, has announced a Launch Services Agreement with Loft Orbital, a San Francisco-based company, to deliver Loft Orbital’s YAM microsatellite into sun-synchronous orbit on Falcon 9.

Under the contract, Exolaunch will deliver mission management, deployment and integration services to Loft Orbital, who operates microsatellites and flies customers’ payloads as a service. The launch is targeted for December 2020 and is part of SpaceX’s SmallSat Rideshare Program.

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Loft Orbital Raises $13 Million for “Satellite as a Service” Operation

A Loft Orbital-owned and -operated microsatellite, flying multiple customer payloads onboard as a service. (Credit: Loft Orbital Solutions Inc.)

Loft Orbital has raised a $13 million Series A round led by Foundation Capital.

The San Francisco-based company provides end-to-end service by integrating payloads onto standard microsat buses. Loft Orbital also manages the launch and operations of the satellites.

“Loft’s basic value proposition is twofold. First, for customers who don’t have space-industry expertise but want the benefits of sensing and communications from space, Loft provides white-glove service,” Foundation Capital General Partner Steve Vassallo wrote in a blog post.

“Customers in this category include new commercial players in the space industry and foreign governments that don’t have their own space programs,” he added. “Second, as Loft aggregates the sensors into one satellite and books the launches from all over the world with backup launches, not only is the cost much lower for each customer, speed to orbit is also much faster.”

Vassallo said the company is targeting the fast-growing 75-100 kg (166- 220 lb) microsat market segment. “The market for this microsatellite category is $12 billion at the moment and expected to grow to $35 billion by 2025,” he wrote.

Loft Orbital was founded by three veterans of Spire Global — Antoine De Chassy, Pierre-Damien Vaujour, and Alex Greenberg.