Orbit Fab company logo
On-orbit Fuel Supply1-10 Employees
  • B2B
  • Growth Stage
    Expanding market presence
  • Recently funded
    Raised funding in the past six months
Website
Location
Company size
1-10 people
Company type
Private Company
Markets
AerospaceSpace LogisticsSpace PropulsionSpace Satellites
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Orbit Fab careers

On-orbit Fuel Supply
Orbit Fab is building a supply chain for propellant in Earth orbit. Every year $10Bn worth of satellites get destroyed because they run out of fuel. Our customers realize capital cost reductions over 50% and we can capture gross margins up to 90%. Key to the ecosystem is the company’s proprietary fueling port and docking interface, which had become the industry de facto standard. We have over $2M in contracts and hardware already flown to space. We are raising $3.5M, with $1M already committed from investors and $1.5m non-dilutive funding from the Air Force, so we are seeking $1M to finish the round
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Jeremy Schiel
Avatar for Jeremy Schiel
Co-Founder of Orbit Fab
Daniel Faber
Avatar for Daniel Faber
Founder @Deep Space Industries, Orbit Fab • Worked at @ISIS - Innovative Solutions in Space, @Aerospace Concepts
Funded over

2 rounds

Latest round

Seed (Oct 2019)

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