Orbit Fab, Inc. (San Francisco, California) is building “Gas Stations in Space™”, a supply chain for propellant in Earth orbit. Every year $10B worth of satellites get destroyed because they run out of fuel. Orbit Fab’s customers realize capital cost reductions up to 75% and net savings over 50%, and Orbit Fab captures gross margins of 90%. Key to the ecosystem is the company’s RAFTI fueling port and docking interface, which is being widely adopted in the industry around the world with over $2M in contracts with companies in North America, Japan, and Europe, as well as the US Air Force, NASA, and NSF, and received $3M worth of launches and other support from the US International Space Station National Lab. Their hardware has already flown to space in 2019, when they became the first private company to supply the International Space Station with water and in June of 2021, they will launch the world’s first satellite fuel tanker.
