Space

Satellite servicing tech startup, led by former head of Ukraine’s space agency, lands $4M

Comment

Kurs Orbital ARCap module
Image Credits: Kurs Orbital (opens in a new window)

Kurs Orbital, a startup founded by Ukrainian space industry veterans, has closed a new tranche of funding to accelerate the commercialization of its satellite servicing technology.

The two-year-old company aims to unlock a new era for human activities in space by enabling capabilities like satellite relocation and inspection, de-orbiting and space debris removal. Kurs does not plan on providing these services itself; instead, the startup is aiming to become the leading supplier of rendezvous and docking technology via its “ARCap” module, which can be integrated into any spacecraft bus.

“Currently, there are no off-the-shelf rendezvous and docking technologies available, so any company that wants to offer satellite servicing or logistics missions has to develop this technology on its own,” Kurs CEO Volodymyr Usov explained. “This would take years, many missions, people and money to achieve. By contrast, our module allows such companies to enter the market much faster and with a modest expense.”

The company’s technology is built off the flight heritage of the Kurs rendezvous system, a Soviet-era technology that was developed to enable spacecraft to dock with the Mir space station. Unlike other firms developing in-space servicing tech, Kurs Orbital’s module will be able to attach to “non-cooperative” targets, or target spacecraft that aren’t fitted with any hardware in advance.

“Our module does not require any hardware to be pre-installed on the customer spacecraft, as it can handle any kind of non-cooperative targets, such as fuel-depleted or faulty satellites or space debris,” Usov, who previously headed Ukraine’s space agency, said. “We aim to provide the market with a system that is truly performant and flexible, that allows the servicing spacecraft to be fully autonomous, both in space operations and from ground control.”

The Turin, Italy-based company is aiming to have the first ARCap module ready for space in the fourth quarter of 2025, though Usov declined to provide any more details about the first mission.

To accelerate its plans, the company closed a €3.7 million ($4 million) seed round led by European deep tech VC firm OTB Ventures, with participation from Credo Ventures, Galaxia (a fund established by CDP Venture Capital and Obloo Ventures), In-Q-Tel and Inovo. Kurs also aims to expand its 11-person team with the new capital, Usov said.

On-orbit servicing has gained attention in recent months after the failure of a handful of high-cost, high-profile satellite missions. A recent example is ViaSat’s ViaSat-3 geostationary satellite, which experienced an issue during antenna deployment and lost much of its planned capacity. The company subsequently filed a $421 million insurance claim for the spacecraft.

De-orbiting could also prove to be a very fruitful market; before a satellite is decommissioned, geostationary satellite operators must put their spacecraft in a so-called “graveyard orbit” many months before they run out of propellant. Enabling a de-orbiting service could help operators squeeze every day of useful life out of the spacecraft.

But the future is far from clear, and Usov said the company “is confident that things will get very interesting.”

“In the early 90s no one would have imagined using the internet for products like social media and streaming services,” he said. “Similarly, we know that our module can enable life extensions, decommissionings, inspections, active debris removals, refuelings and more, but we also anticipate that new use cases for our technology will emerge in 10 years. On the logistics side, we are currently limited to a single destination, the ISS. In 10 years, we should have multiple commercial destinations managed by private companies, in different orbits. We believe that one of the next big steps in space will be multimodality, as we know it on Earth. And what could be better than a standardized technology that can handle all those scenarios?”

More TechCrunch

Meta’s Oversight Board has now extended its scope to include the company’s newest platform, Instagram Threads, and has begun hearing cases from Threads.

Meta’s Oversight Board takes its first Threads case

The company says it’s refocusing and prioritizing fewer initiatives that will have the biggest impact on customers and add value to the business.

SeekOut, a recruiting startup last valued at $1.2 billion, lays off 30% of its workforce

The U.K.’s self-proclaimed “world-leading” regulations for self-driving cars are now official, after the Automated Vehicles (AV) Act received royal assent — the final rubber stamp any legislation must go through…

UK’s autonomous vehicle legislation becomes law, paving the way for first driverless cars by 2026

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved…

ChatGPT: Everything you need to know about the AI-powered chatbot

SoLo Funds CEO Travis Holoway: “Regulators seem driven by press releases when they should be motivated by true consumer protection and empowering equitable solutions.”

Fintech lender SoLo Funds is being sued again by the government over its lending practices

Hard tech startups generate a lot of buzz, but there’s a growing cohort of companies building digital tools squarely focused on making hard tech development faster, more efficient and —…

Rollup wants to be the hardware engineer’s workhorse

TechCrunch Disrupt 2024 is not just about groundbreaking innovations, insightful panels, and visionary speakers — it’s also about listening to YOU, the audience, and what you feel is top of…

Disrupt Audience Choice vote closes Friday

Google says the new SDK would help Google expand on its core mission of connecting the right audience to the right content at the right time.

Google is launching a new Android feature to drive users back into their installed apps

Jolla has taken the official wraps off the first version of its personal server-based AI assistant in the making. The reborn startup is building a privacy-focused AI device — aka…

Jolla debuts privacy-focused AI hardware

OpenAI is removing one of the voices used by ChatGPT after users found that it sounded similar to Scarlett Johansson, the company announced on Monday. The voice, called Sky, is…

OpenAI to remove ChatGPT’s Scarlett Johansson-like voice

The ChatGPT mobile app’s net revenue first jumped 22% on the day of the GPT-4o launch and continued to grow in the following days.

ChatGPT’s mobile app revenue saw its biggest spike yet following GPT-4o launch

Dating app maker Bumble has acquired Geneva, an online platform built around forming real-world groups and clubs. The company said that the deal is designed to help it expand its…

Bumble buys community building app Geneva to expand further into friendships

CyberArk — one of the army of larger security companies founded out of Israel — is acquiring Venafi, a specialist in machine identity, for $1.54 billion. 

CyberArk snaps up Venafi for $1.54B to ramp up in machine-to-machine security

Founder-market fit is one of the most crucial factors in a startup’s success, and operators (someone involved in the day-to-day operations of a startup) turned founders have an almost unfair advantage…

OpenseedVC, which backs operators in Africa and Europe starting their companies, reaches first close of $10M fund

A Singapore High Court has effectively approved Pine Labs’ request to shift its operations to India.

Pine Labs gets Singapore court approval to shift base to India

The AI Safety Institute, a U.K. body that aims to assess and address risks in AI platforms, has said it will open a second location in San Francisco. 

UK opens office in San Francisco to tackle AI risk

Companies are always looking for an edge, and searching for ways to encourage their employees to innovate. One way to do that is by running an internal hackathon around a…

Why companies are turning to internal hackathons

Featured Article

I’m rooting for Melinda French Gates to fix tech’s broken ‘brilliant jerk’ culture

Women in tech still face a shocking level of mistreatment at work. Melinda French Gates is one of the few working to change that.

1 day ago
I’m rooting for Melinda French Gates to fix tech’s  broken ‘brilliant jerk’ culture

Blue Origin has successfully completed its NS-25 mission, resuming crewed flights for the first time in nearly two years. The mission brought six tourist crew members to the edge of…

Blue Origin successfully launches its first crewed mission since 2022

Creative Artists Agency (CAA), one of the top entertainment and sports talent agencies, is hoping to be at the forefront of AI protection services for celebrities in Hollywood. With many…

Hollywood agency CAA aims to help stars manage their own AI likenesses

Expedia says Rathi Murthy and Sreenivas Rachamadugu, respectively its CTO and senior vice president of core services product & engineering, are no longer employed at the travel booking company. In…

Expedia says two execs dismissed after ‘violation of company policy’

Welcome back to TechCrunch’s Week in Review. This week had two major events from OpenAI and Google. OpenAI’s spring update event saw the reveal of its new model, GPT-4o, which…

OpenAI and Google lay out their competing AI visions

When Jeffrey Wang posted to X asking if anyone wanted to go in on an order of fancy-but-affordable office nap pods, he didn’t expect the post to go viral.

With AI startups booming, nap pods and Silicon Valley hustle culture are back

OpenAI’s Superalignment team, responsible for developing ways to govern and steer “superintelligent” AI systems, was promised 20% of the company’s compute resources, according to a person from that team. But…

OpenAI created a team to control ‘superintelligent’ AI — then let it wither, source says

A new crop of early-stage startups — along with some recent VC investments — illustrates a niche emerging in the autonomous vehicle technology sector. Unlike the companies bringing robotaxis to…

VCs and the military are fueling self-driving startups that don’t need roads

When the founders of Sagetap, Sahil Khanna and Kevin Hughes, started working at early-stage enterprise software startups, they were surprised to find that the companies they worked at were trying…

Deal Dive: Sagetap looks to bring enterprise software sales into the 21st century

Keeping up with an industry as fast-moving as AI is a tall order. So until an AI can do it for you, here’s a handy roundup of recent stories in the world…

This Week in AI: OpenAI moves away from safety

After Apple loosened its App Store guidelines to permit game emulators, the retro game emulator Delta — an app 10 years in the making — hit the top of the…

Adobe comes after indie game emulator Delta for copying its logo

Meta is once again taking on its competitors by developing a feature that borrows concepts from others — in this case, BeReal and Snapchat. The company is developing a feature…

Meta’s latest experiment borrows from BeReal’s and Snapchat’s core ideas

Welcome to Startups Weekly! We’ve been drowning in AI news this week, with Google’s I/O setting the pace. And Elon Musk rages against the machine.

Startups Weekly: It’s the dawning of the age of AI — plus,  Musk is raging against the machine