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TC Sessions Space 2022: Plasmos

December 6, 2022
by
TechCrunch
YouTube video player
TC Sessions Space 2022: Plasmos

TL;DR

Plasmos is developing a reusable third stage spacecraft called "Space Truck" to solve the challenge of getting satellites to their final orbit efficiently and affordably.

Transcript

foreign all right you have four minutes there's your clock starts now thank you hi familiar faces here my name is alibander and CEO of plasmos we are building reusable third stage similar to how a SpaceX build first the stage second the stage reusable we are building a third stage um well my background I have built and flown over 200 Rockets burnt ... Read More

Key Insights

  • 🛰️ Plasmos is developing a reusable third stage spacecraft to enable efficient satellite deployment and reduce costs.
  • 🚀 The "Space Truck" can carry external and internal payload, making it versatile for various launch systems.
  • 🌱 The company plans to launch its first spacecraft in January 2024, with a focus on demonstrating its capabilities.
  • 💗 Plasmos aims to tap into a growing $8 billion market in the next decade.
  • 🤗 The ability to bring payloads back to Earth opens additional market opportunities for Plasmos.
  • 👣 The lightweight and 3D printed design of the spacecraft contributes to its cost-effectiveness.
  • 😫 Plasmos' focus on universal technology and re-entry capabilities sets it apart from competitors in the space tug industry.

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Questions & Answers

Q: How does Plasmos' third stage spacecraft differ from space tugs?

While space tugs can take satellites to higher orbits, Plasmos focuses on providing a universal system that can grab any satellite and tow it to another destination. The lightweight spacecraft eliminates the need for customers to launch an entire system, making it a more cost-effective solution.

Q: Can the "Space Truck" return payload to Earth?

Yes, Plasmos is considering the market potential of bringing payloads back to Earth. Their focus is on building a universal technology that can handle re-entry and controlled landings, which opens up opportunities in on-orbit servicing and data collection for re-entry purposes.

Q: How does Plasmos differentiate itself from other similar companies?

Plasmos stands out by offering a reusable solution, unlike most companies in the space tug market. This significantly reduces costs and enhances the overall economic viability of their spacecraft.

Q: How much funding does Plasmos need to achieve its goals?

Plasmos aims to raise $13 million for their first launch and estimates they will require close to $60 million to establish the company and reach profitability in the long term.

Summary & Key Takeaways

  • Plasmos CEO, Ali Bander, introduces the company's mission to build a reusable third stage spacecraft to meet the increasing demand for satellite launches.

  • The "Space Truck" can carry up to 325 kilograms of payload externally and up to 20 kilograms internally. It is lightweight, 3D printed, and can be used with various launch systems.

  • The market potential for Plasmos is estimated to be an $8 billion industry within the next 10 years.


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