Autonomous Spacecraft Technology for Repair Operations, Lifespan Improvement and Flight Testing
D-Orbit's GEA spacecraft aims to revolutionize in-orbit servicing of satellites, extending their lifespans and generating significant revenue, while seeking EIC funding to support this innovative project.
Projectdetails
Introduction
Satellites are the backbone of our communication system, with over 5,500 satellites carrying signals across the world. However, once satellites reach orbit, there is no way to inspect, upgrade, or repair them.
Project Overview
D-Orbit presents GEA, a disruptive spacecraft to be operated in geostationary orbit for in-orbit servicing (IOS) of commercial satellites. The spacecraft will be equipped with a robotic arm with 7 degrees of freedom and 3 mm accuracy.
Technical Features
GEA also includes:
- Electric propulsion
- Navigation and altitude control subsystems specifically designed to capture and maneuver customer satellites.
Benefits of GEA
Thanks to this innovation, D-Orbit will provide diverse IOS services such as:
- Life extension
- Orbital relocation
Satellite operators will be able to extend the life of their satellites by up to 3 extra years (25-50% of the current lifetime), but the extension can go up to 7 years with GEA. This will enable them to achieve extra revenues with their existing assets of 20M per year.
Market Opportunity
We target to capture up to 25% of the serviceable 33 GEO satellites with end of life in 2027-2030 for the initial service offering. This would provide us with over 530 million in cumulative revenues by 2030 from IOS.
Funding Request
Nonetheless, we are unable to fund this risky deep-tech innovation from private investment in the current market landscape. Therefore, we request this funding from the EIC for the ASTROLIFT project, in the form of 2.5M in Grant and 15M in Equity.
Financiële details & Tijdlijn
Financiële details
Subsidiebedrag | € 2.499.999 |
Totale projectbegroting | € 4.203.837 |
Tijdlijn
Startdatum | 1-2-2024 |
Einddatum | 31-1-2026 |
Subsidiejaar | 2024 |
Partners & Locaties
Projectpartners
- D-ORBIT SPApenvoerder
Land(en)
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