Photo - GITAI
play_arrow
View
62005

GITAI

USA, California
Market: Robotics, Defense/Military tech
Stage of the project: Operating business

Date of last change: 07.05.2024
Go to the owner's profile
7
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

We are reducing the cost of in space labor by a factor of 100x through our space tested robotic arms, planetary rovers, and satellites. Our solutions are the cheapest, fastest, and most versatile.

Current Status

We are a space tested solution, with first of its kind successful OSAM (On-Orbit Servicing Assembly and Manufacturing) demonstrations both inside and outside the ISS. We have received space worthiness certifications from organizations like NIST and NASA. In commercial traction, we have worked with leading players in the space like Toyota, Nanoracks, and SpaceX. Beyond this, on the government side, we have worked with JAXA and METI, as well as being awarded the DARPA LunA-10 Lunar base construction contract.

Problem or Opportunity

The bottleneck for the commercial space industry is no longer launch - as SpaceX has reduced the cost of launch by around 20x. Instead, the current bottleneck is the cost of labor in space with existing robotic solutions costing over 1Bn per unit, and human solutions costing over 130k per hour in space. Without an affordable means of labor in space, development of the space economy is massively reduced in speed.

Solution (product or service)

GITAI solves this problem through reducing the cost of robotic in-space labor by a factor of 100x. By far the largest costs for our competitors operating in this industry are R&D costs. Due to the nature of past Cost Plus contracts, the incumbents have not been encouraged to be cost efficient and often take decades to make new highly specialized designs. Through our agile development method and vertically integrated manufacturing we are able to cut lead times from decades to years on our new, more generalized designs, thus allowing us to pass on tremendous cost savings to our customers.

Business model

We sell both to leading space companies, and government organizations such as DARPA. Our technology can be utilized in both commercial and defense applications. We operate both as a subcontractor and a prime contractor, selling products and services. In the future, we will focus more on prime contractor roles within the planetary exploration, and on-orbit servicing, assembly and manufacturing industries.
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility129
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video
Presentation