Introduction
Arkisys is building one of the first commercial robotic orbiting platform destinations and long-duration space-infrastructure-as-a-service business. "The Port” is designed as an aggregatable platform able to unlock manufacturing, assembly, resupply, and entirely new sources of business activities in space, thus revealing and capitalizing on existing and “undiscovered” markets.
Harkening back to the early days of establishing seaports and long-distance trade routes of global commerce, our first product, “the Port” is designed to open up space for any size business, organization or individuals to explore on, with affordability and ease of access further exploration.
Success to Date
Government:
- Awarded up to $17.7M contract from the US DoD Defense Innovation Unit
- Letters of Support from New Zealand Ministry of Business, Innovation and Employment that oversees the New Zealand Space Agency
Client Pipeline:
- Expanded partner and customer ecosystem from 5 to over 50 companies, all interested in “the Port,” in less than 1 year
- 4 LOIs signed
- 7 MOUs for collaboration
- 7 clients onboarded
Product Development:
- Live real-time demonstrations across the globe with customers of “the Port” utilizing a digital twin
- Live demonstrations utilizing the Arkisys Applique for integration of third party hardware payloads
- Completed development of the Arkisys Applique, a universal data protocol adaptor for rapid integration and testing
- Unveiled its first generation orbital outpost spacecraft element, the Port Module Wedge, planned for its first use on its initial Space Outpost in low earth orbit, as well as subsequent future missions and destinations
- Successfully passed a system design review (SDR), a key development phase in the engineering of the key elements and Port systems operations
The Arkisys standard free-flyer platform, the wedge shaped “Cutter-class” satellite. The Cutter makes up one of the six sides of a Port module.
Problem
Despite the large and growing number of companies that require space data and related space infrastructure to conduct business operations, the space industry is still largely unattainable for small and mid-sized growing businesses or organizations.
Why is Space still limited to the few?
- Space is hard to operate in.Though recently infused with new people and new ideas, the space environment is harsh and filled with obstacles that impede business operations. While new teams come up with new technologies, it also imposes new risks that largely have to be relearned by new entrants.
- Space is slow.It can take anywhere from 18-30 months to support the first on-orbit test of any new component, satellite or even launch vehicle. This applies to any size satellite, including small geospatial satellites.
- The space platform market is still largely fragmented.Satellites have been built the same way for over 50 years and all are built to withstand the environment of launch, with no capability to modify, reconnect or reuse once launched. There is no common platform serving all space business markets. Satellites and space platforms are capitalized costs that serve one purpose only; at failure or end of life, they are thrown away.
- Space platforms (and thus business markets that use Space) have only been seen as mechanisms to support Earth-based needs.Commercial space markets today are limited to sending bits to and from orbit. Business’ use of space has been restricted to:- Data- Imagery- Telecommunications- Internet Usage- Weather
- Space is not optimized for small businesses, startups, and researchers. If a small business wants to be in space today, they have to face infrastructure challenges typically taken on by larger companies. Many lean startups and small businesses can’t succeed in space without spending large amounts of capital.
Solution
“The Port” is engineered to be a stable, long-duration, and scalable robotic space platform that provides services akin to terrestrial-based nautical ports, and aims to accept constant new capabilities of:
- New customer payloads and technologies
- New onboard services and capabilities
- Departures of refurbished or built onboard innovative satellites and spacecraft
“The Port” is both a modular technical and business platform designed to support global entrepreneurial business development at any scale in space at the lowest possible cost to encourage accelerated innovation.
The Arkisys Port plans to support scalable rapid prototyping, new payload and technology testing, assembly and integration of new free-flying space platforms, destinations for rocket launchers and orbital transfer vehicles, and on-orbit assembly and manufacturing.
Additionally, “the Port” aims to allow any new businesses to test, experiment, build, and fly reusable space platforms and vehicles as quickly as ninety days from order. Arkisys technology not only helps customers get to Port quickly, but provides end-to-end security upon arrival. “The Port” can scale with business requirements on demand, from Earth and beyond to many other destinations.
Designed to solve the problem of connecting and aggregating new business payloads ubiquitously in space, every Port is made up of one or more Port modules. Those modules can be launched separately and connected automatically, growing a space platform into any size and area required for new business to accelerate.
“The Port’s” services plans to include:
- Launch brokerage to orbit in 90 days or less
- Onboarding at the customers location, before they deliver for launch
- Payload and experiment hosting onboard
- Secure end-to-end flight operations
- Ability to build and release a “PortSat” via lower cost lease option, that returns to Port to be reused
- Ability to build and release a “PortSat” via a sales option, through no-return for customer operations
- Accommodate visiting vessel grapple and berthing
- Ability to maneuver or orbit change the Port for visiting vessel or unique customer operational needs
- Accommodating non-Standard Port services and custom add-ons (more power, data storage, momentum, modification etc)
- A unique business lease-back, revenue sharing of payloads and technology deployments via a marketplace, after a customer has completed missions onboard!
Testimonials
Business Model
Arkisys business revenue comes from multiple services that we plan to offer on the “the Port,” including state of the art digital engineering and integration services, launch brokerage, insurance, and secure flight and ground operations. We are working hard to drive the cost of doing business in space down to encourage and enable thousands of customers to innovate beyond Earth.
Through a growing set of products and services, Arkisys makes it as easy as possible for customers to get to, operate on, and re-sell capabilities of “the Port” in space. We plan to enable our customers to not only validate their technology or business model, but to “sell” or collaborate with the other customers on “the Port.”
Select Customers
Markets
Arkisys’ technology has application to a variety of business activities and markets focused on existing and brand new areas: [1]
1. Earth-Based: Dominated by services and products that support Earth needs these include television to homes, broadband connections, mobile asset tracking, mobile communications, and data connections for organizations around the world. This market is over $260B/year and includes $20B in traditional satellite platform development.
2. Space to Space: These are new opening markets that include satellite servicing, human spaceflight, long-duration platforms, manufacturing, mining, and resource utilization. Basically this is the “business to business” market but in space. This is projected to be $2-4B / year.
3. New (Undiscovered) markets: This market merges both Earth and Space focus, and incorporates new technologies, modalities, and destinations beyond Earth. Bank of America and Morgan Stanley predict these “new” markets to be between $1.1 and $3 trillion in 30 years… [2]
Press
- Three companies studying “Orbital Outpost” space station concepts for Defense Department
- Los Alamitos, CA company selected to build space outpost
- New Zealand Ministry of Business, Innovation and Employment Signs Letter of Support with Arkisys
- Arkisys & Orbit Fab Team Up to Build the Future of Advanced Orbital Refueling
- Arkisys & Rhodium Scientific Team to Advance Science Missions for the Port
- Arkisys & Motiv Team Up to Build the Future of Orbital Robotic Arm for Servicing
- More news
Team
Led by a renowned set of space industry pioneers, Arkisys is assembling one of the first incremental space infrastructures through an agile and aggregatable platform that directly supports customer needs today, with a team that has proven experience building and deploying advanced spacecraft and robotics and starting and selling business in the technology domain.
From the International Space Station to Times Square, Dan has leveraged his deep technical and finance expertise and hands-on approach, to harness imagination and entrepreneurial spirit while working on technologies that scale and have lasting impact. He has a proven track record as a scale-up executive with successful exits, collaborating effectively across organizational boundaries and disciplines, building and understanding complex technologies, transactions, relationships and political landscapes, while fostering talent and ideas to achieve novel technologies and missions.
Anthony also served as Chief Strategic Engagement Officer for the Radiant Earth Foundation, creating partnerships able to harness new earth observation geospatial data and analytics tools to build powerful, common applications for global health, food security, and environmental missions, including climate change projects in the South Pacific to tracking vector-borne disease outbreaks linked to illegal mining activity in South America. He consulted to the Center for the Advancement of Science in Space (CASIS) working with multinational organizations and commercial companies, to deploy emerging technologies on the International Space Station (ISS). He was a Senior Research Fellow at the Center for Climate and Security, focusing on satellite technologies, climate change and state stability.
Use of Proceeds
If the offering's maximum amount of $1,070,000 is raised:
Use | Value | % of Proceeds |
---|---|---|
Engineering | $564,751 | 52.8% |
Hardware (Vendors) | $30,527 | 2.9% |
Sales & marketing | $305,271 | 28.5% |
Lease expense | $96,669 | 9.0% |
IT | $20,351 | 1.9% |
Unallocated Funds | $0 | less than 0.1% |
Intermediary fees | $52,430 | 4.9% |
Terms
This number includes all funds raised by the Company in this round on Netcapital. This is an offering of Class B Common Stock, under registration exemption 4(a)(6), in Arkisys, Inc.. This offering must reach its target of at least $10,000 by its offering deadline of July 29, 2022 at 10:58pm ET. If this offering does not reach its target by the offering deadline, then your money will be refunded.
If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:
Financials
These financial statements have been reviewed by an independent Certified Public Accountant.
SEC Filings
The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.
We’re also required to share links to each of the SEC filings related to this offering with investors.
Understand the Risks
Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.
Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.
The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
More Info
Updates
- Apr 7, 2023The U.S. Space Force awarded a $1.6 million...
- Jan 3, 2023If you are an investor we would love to say...
- Jan 3, 2023Join Arkisys for a Night at the Space Port...
- Jul 30, 2022Primary offering finalized, sellingshares
- Jul 29, 2022Thank you, to all our investors that have...
- Jul 25, 2022In Episode 43 of The Astro Ben Podcast, Ben...
- Jul 18, 2022Experience the Arkisys Port Module in Augmented...
- Jun 22, 2022Arkisys Collaboration with Texas A&M Student...
- May 18, 2022Come see Arkisys at Space Tech Expo next week...
- May 5, 2022"Igniting Space" - Arkisys showcased its...
- May 4, 2022Arkisys is accelerating Innovative companies...
- Apr 20, 2022In case you missed it: A quick look at the...
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