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Want to Launch Your Own Personal Satellite
New York - Nov. 8, 2000 Utah-based microsat firm, One Stop Satellite Solutions is hoping to find a market for a new nanosat the company will begin marketing next week. Dubbed CubeSat the tiny satellites are no more than four inch (100 mm) cubes that can be mass produced and launched into orbit for less than $45,000 using converted Russian and American ICBM missile technologies. OSSS is a four-year old company that is commercializing technology developed at the Center for Aerospace Technology (CAST) at Weber State University. Over the past 15 years CAST have successfully designed, engineered and manufactured eight low earth orbit (LEO) satellites in the 100 to 500 pound class. A company announcement issued Wednesday said the CubeSat could enable individuals to launch their loved one's ashes into space for $45,000 compared to today's cost of $3-5 million. One Stop Satellite Solutions (OSSS) will also target CubeSats at small business and university markets, where it sees potential for customers looking for cheap access to space using simple satellite technologies. Over the past year OSSS has secured a series of key agreements with both customers and suppliers in Russia, the US and Japan. The former nuclear missiles of both the U.S. and Russia have been instrumental in OSSS' development and commercialization. This has included the successful launch of JAWSAT in January of this year on a former U.S. MinuteMan missile to the use of Kosmostras' Dnepr rockets for future launches - "these weapons of war will now be used for educational and commercial purposes" said the company announcement. To support its marketing plans, OSSS recently announced deals with Moscow-based International Space Company (ISC) Kosmotras, and Utah's Thiokol that will allow OSSS specific launch capabilities for its small satellite payloads. ISC Kosmotras was established in 1997 by the national space agencies of Russia and the Ukraine for the development and commercial operation of the Dnepr Space Launch System, which is based on SS-18 ICBM technolog. OSSS will provide management and integration of small satellites into a single payload module utilizing the OSSS multi-payload adaptor. Thiokol provides Reusable Solid Rocket Motors (RSRMs) for NASA's Space Shuttle program and is a major supplier of propulsion systems launch vehicles used in other government and commercial flights. Thiokol has also been active in the reclamation and reuse of rocket motor fuels, with an extensive role in the demilitarization programs in Russia and the Ukraine of the 1990s. Community Email This Article Comment On This Article Related Links OSSS SpaceDaily Search SpaceDaily Subscribe To SpaceDaily Express The latest information about the Commercial Satellite Industry
Orbcomm's Equity Financings Complete
Bremen, Germany (SPX) Jan 06, 2006OHB Technology affiliated company Orbcomm has announced that it has completed equity financings totaling over $110 million led by Pacific Corporate Group (PCG), which committed $60 million. New investors, in addition to PCG, include investment firms MH Equity Investors and Torch Hill Capital. |
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