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Equatorial Space

Singapore
Market: Other
Stage of the project: Operating business

Date of last change: 05.11.2024
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equalizer from 2000
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Idea

Delivering the Greatest Leap in Rocket Propulsion in 100 Years - with propulsion that allows for safer, cheaper and greener spaceflight.

Current Status

Raised US4m from angel, commercial and government investors in Singapore and Australia.
Closed US3m in contracts.
Achieved Technology Readiness Level of 6, with Level 9 anticipated with suborbital launches in Q1 2025.
Locked in MIT as a client for a Q1 2025 launch.

Problem or Opportunity

Rockets are hard - and the launch industry is a monopoly as a result to the enormous barriers to entry that commercial players face. Our propulsion technology eliminates vast majority of the reasons why rockets fail - including the engineering causes, as well as the ludicrous capital outlay that goes into development of new systems.

Solution (product or service)

Our proprietary rocket fuel enables hybrid rockets - a safer, simpler and more cost-effective configuration, to match and even exceed the performance of traditional rockets for less than 20% of the cost.

Business model

Sales of launch capacity per kilogram - our initial foray into launch involves regular, scheduled and affordable suborbital missions that enable startups, universities and laboratories to test new and innovative technologies and conduct microgravity experiments.

The FLEXLAUNCH services will bridge the gap between new and legacy technologies and level the playing field in space tech by de-risking the fundamental development work conducted on innovative systems.

In the long-term, we will reduce the launch cost per kilogram to below US $1000 - 1/6 of SpaceX pricing.

Incubation/Acceleration programs accomplishment

Techstars LA, Spring '22
Q Station New Mexico, '22
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