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Starfish Space Captures New Funding Ahead Of Orbital Servicing Demo Mission

Mar 08, 2023almost 3 years ago
TukwilaScience And Engineering

Investors

Ma C VcNfxPsl VenturesToyota VenturesMunich Re Ventures

Description

In the present moment, if a critical component on a satellite malfunctions or it runs out of fuel, satellite operators have no choice but to consider that asset caput.

Company Information

Company

Starfish Space

Location

665 ANDOVER PARK WEST

Tukwila, Washington, United States

About

Starfish Space is giving life to on-orbit services. Founded by former Blue Origin and NASA engineers, Starfish is developing the Otter, the first small and versatile space tug that will lower costs and increase availability for satellite servicing missions including life extension and active debris removal. Starfish technologies, including its proprietary CEPHALOPOD software, are key logistics, autonomy, and robotics infrastructure for the developing off-world economy and orbital industries like manufacturing, assembly, tourism, and mining.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers