Capital Ascent

Raising the bar for proposals now requires $10M and space fairing ambition 🫡

Rideshare deployment sequence complete

ClearSpace has developed a spacecraft designed to clean Earth’s orbit by capturing and removing defunct satellites using robotic arms. Working with the European Space Agency and the UK Space Agency, it plans to safely deorbit old satellites so they burn up in the atmosphere. This mission aims to reduce dangerous space debris and make space operations safer for active satellites.

$ASTI: Finally got a hold of the full interview. - "Right now, we’ve got multiple deals and partnerships with various companies that all work together to help us achieve our larger goals. We announced that we were partnering with a company that does its manufacturing in space. They’re going to launch in four or five months. - "We also signed a deal with a lasering company, which will help with lasering power, increasing the power grid in space. That could be advantageous for DoD or AI or other things." - "We fit a lot of buckets in manufactured readiness. Golden Dome is clearly going to be a massive use of power also. They’re going to use a lot of power. We’re aiming to meet these power needs as the space market continues to expand." - "We’ve had meetings with several DOW departments, including terrestrial ones. There’s a big push everywhere to have their suppliers manufactured ready, but it’s also keeping your surveillance and everything. They want something that is ready for use and is going to stay in the air. For example, a blimp at 65,000 to 80,000 feet that’ll stay in the air for a while." - "You have attack drones and you have surveillance drones. Attack drones, 2% of them come back. They don’t care as much about attack drones. Surveillance drones, they would want to loiter. They want them to be able to loiter for a long time. So, our product would work well there. They also want products that work well in water. Our product works probably the best in water. Silicon is not going to work in the water; it’s just not as efficient and experiences other functionality issues. So, we’re a good product for water applications." - "In the U.S., our primary markets would be space, DoD, and commercial. We do some work in Europe and India too. For terrestrial solar, we occasionally will bid on something that’s kind of a very, very weird, specialized project. But we’re really looking at doing DoD related work for surveillance typically."