Launchspace Announces Capital Increase to Combat Orbital Debris and National Security Threats

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Representation of the Launchspace Orbital Debris Remediation spacecraft in low Earth orbit (LEO)

Next Generation Investment: Sensor Satellites to Protect Commercial, Civilian and Military Satellites and the International Space Station (ISS)

Launchspace’s solution for orbital debris removal and enhanced shielding of spacecraft will be space-qualified on the Bartolomeo ISS external platform. Launchspace also has a NASA Space Act agreement.

– John Bauman

BOCA RATON, FLORIDA, USA, September 30, 2021 /EINPresswire.com/ – Launchspace Technologies Corp., which provides solutions for orbital debris clearance, enhanced protection for spacecraft and sensors for spacecraft, announced its intention to raise capital on the Netcapital platform.

Launchspace is developing a solution using space sensor satellites to detect and track orbital debris that is smaller than what is currently possible. Launchspace’s debris clearance spacecraft would then clear the orbital debris that threatens orbital operations.

Astronauts, the International Space Station (ISS), commercial and military satellites, and the next annual $ 1,000 billion space economy are all threatened by orbital debris and the inability to detect and track what the Commerce Department is expected to be 100,000 new active satellites put into orbit over the next 10 years.

“Monitoring this debris is a major problem as private space travel and the space economy continue to grow rapidly,” notes John Bauman, CEO of Launchspace Technologies. “As the world increasingly depends on satellites, US and global satellite companies bear the brunt of the inability to track and clear orbital debris. “

Launchspace’s solution for orbital debris removal and enhanced shielding of spacecraft will be space-qualified on the Bartolomeo ISS external platform. Launchspace also has a NASA Space Act agreement for the development of the company’s patented orbital debris solution technology, received a grant for its ISS deployment from the Center for the Advancement of Science in Space (CASIS), director from the ISS National Lab, partnered with AGI, an Ansys company, and worked with the Air Force Research Lab (AFRL) on a funded study for the detection and monitoring of threats against security satellites National American (Space Domain Science – SDA).

“New limits for a capital increase of $ 5 million for retail investors and up to $ 75 million for accredited investors appear to make crowdfunding a viable option for investing in technology companies. For international investments, Launchspace will use the Committee on Foreign Investments in the United States (CFIUS) process, ”Bauman said.

For more information on Launchspace’s capital increase on Netcapital, please visit: https://netcapital.com/companies/launchspace-technologies-corporation

Press contact:
Jean Reilly
John Reilly Public Relations
[email protected]
508-330-8477

John Bauman
Launch Space Technology Company
write us here

Launch Space Orbital Debris and Sensing Satellite Solutions to Protect Space Assets and the Next $ 1,000 Billion Global Space Economy


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