2021
Bengaluru(India)
Seed
OrbitAID is a pioneering Indian space technology company specializing in on-orbit servicing (OOS), with a mission to extend satellite lifespans, reduce space debris and enable a sustainable, cost-effective space ecosystem.The company’s primary markets are India, North America and the global commercial satellite sector, serving both government and private space organizations.
SIDRP (Standard Interface Docking and Refueling Port): Patented, universal docking and refueling system enabling in-orbit satellite servicing, including docking, refueling, and proximity operations.
On-Orbit Satellite Servicing: Services for refueling, repairing, upgrading and maintaining satellites in space to extend operational life and reduce space debris.
Tanker Satellites: Development and planned deployment of tanker satellites to function as orbital fuel stations for continuous, cost-effective satellite refueling.
Sustainability Solutions: Technologies and services aimed at extending satellite lifespan, reducing space debris and supporting sustainable space operations.
OrbitAID operates a B2B service-driven business model focused on the space infrastructure and satellite servicing sector:
On-Orbit Servicing Contracts: Revenue from government agencies, satellite operators and private space companies for in-orbit refueling, repairs, upgrades and debris removal using OrbitAID’s tanker satellites and SIDRP technology.
SIDRP Product Sales & Licensing: Revenue from selling and licensing the SIDRP interface to satellite manufacturers and operators, enabling compatibility with OrbitAID’s refueling network.
Satellite Life Extension Subscriptions: Ongoing subscription fees for satellite life extension services, including regular refueling and maintenance.
Custom Engineering & Consulting: Project-based revenue from bespoke engineering solutions, mission planning and consulting for satellite operators seeking to enhance mission flexibility and longevity.
Success Shares & Mission-Based Contracts: Revenue sharing or success-based fees for completed in-orbit servicing and refueling missions.
Commercial satellite operators
Government space agencies
Defense and security organizations
Satellite manufacturers
Space infrastructure and logistics firms
Market Expansion: Targeting commercial and government satellite operators in India, North America and globally, with a focus on LEO and GEO constellations.
Product Innovation: Advancing SIDRP technology, expanding the tanker satellite constellation and developing new OOS capabilities (repairs, upgrades, debris removal).
Strategic Partnerships: Collaborating with research institutions, accelerators forF government agencies to accelerate technology adoption and market entry.
Demonstration Missions: Conducting in-orbit demonstrations to validate technology and secure commercial contracts.
Sustainability Leadership: Positioning OrbitAID as a key enabler of sustainable, cost-effective satellite operations by reducing space debris and extending satellite operational lifespans
$2.04Million
2
$1.5Million, Seed
as of January 15, 2025
-
as of N/A
4.0
as of N/A
StartupTN
and 1 more11
Olee
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
January 15, 2025 | Seed | $1.5Million | - | - | - | Unicorn India Ventures |
March 12, 2024 | Seed | $544.0K | - | - | - | StartupTN |