SAN FRANCISCO, September 24, 2021 (Orbit Fab PR) — Already the leading supplier of refueling ports for satellites, Orbit Fab announced that it will soon be launching the first propellant tanker to geostationary orbit. The company’s second tanker will establish flight heritage on all the elements of the company’s tanker technology, which has been designed for the harshest orbital regimes and for refueling the largest space assets. This announcement comes on the heels of the company’s successful launch of the world’s first Gas Stations in SpaceTM propellant depot last June into a low Earth orbit.
SAN FRANCISCO (Orbit Fab PR) — Orbit Fab, the Gas Stations in Space company, announced that it has raised a seed extension round led by Munich Re Ventures, the strategic corporate venture capital arm of Munich Re Group, one of the world’s leading providers of reinsurance, primary insurance, and insurance-related risk solutions.
The funding will help Orbit Fab achieve its vision of an in-orbit ecosystem for satellite servicing, national security, and space commercialization. Orbit Fab recently announced that it will launch its first fuel tanker, Tanker 001 Tenzing, in the coming year.