Launchspace Technologies Corporation

Launchspace has patented solutions to remove orbital debris that threatens astronauts, satellites and the International Space Station. Data from sensor satellites will reduce the threat of collision from orbital debris, satellites and threats from adversaries against our national security satellites

Introduction

Launchspace Technologies Corporation has the unique capability of using space-based sensor satellites to detect and track orbital debris that is smaller than currently possible. Our orbital debris remediation spacecraft removes small orbital debris that can damage or destroy satellites and make spaceflight unsafe for astronauts and the International Space Station (ISS).

With safety and security being of the utmost importance, our sensor satellite solution and orbital debris remediation spacecraft provide protection capabilities to our space-based national security satellites from being hit by orbital debris or other satellites and provide warnings about the threat of attack by our adversaries.

We hope to invite all Launchspace investors to our planned launch for our ISS project in 20 months, with an after party celebration at the Kennedy Space Center.

Success to Date

  •   Strategic relationships with government leaders at NASA, the Pentagon and the Space Force
  •   White House meetings
  •   Signed contract with Airbus to test our orbital debris remediation and spacecraft shielding solution for 12 months on their ISS Bartolomeo platform and bring it back to Earth after 1 year so Launchspace can analyze the effectiveness of our space qualified orbital debris solution
  •   An Airbus in-kind contribution of $5.24 million for putting our solution on the ISS
  •   NASA Space Act Agreement: NASA is designing customized materials for Launchspace’s orbital debris remediation solution
  • Launchspace believes it is the only company in the world with a NASA Space Act Agreement for orbital debris technology development

  •   Additionally, the Center for the Advancement of Science in Space (CASIS), manager of the ISS National Lab, under a cooperative agreement with NASA, has awarded Launchspace a grant for up to $214,500 for our ISS orbital debris mission
  •   Space Force: A funded study on closing major observation gaps in our ability to see threats (space domain awareness), which protects our national security satellites, and our country, from attack
  •   Commercial customer for funding Launchspace's integration into their launch vehicle
  • Launchspace believes it is the only company in the world with these important capabilities in low Earth orbit (LEO)

Sales Pipeline

Space Force, NASA and the Department of Defense (DoD) for Launchspace’s:

  •   Orbital debris solution
  •   Critical sensor satellites for national security applications
  •   Launchspace expects a cooperative research and development agreement (CRADA) for securing sensors for a national security mission

Space Florida

  •   Manufacturing space for fabrication and testing our orbital debris solution, with potential grants

Launchspace believes commercial customers will ultimately be the main revenue source for our orbital debris remediation and data solutions

Problem

The orbital debris population includes thousands of dead and retired satellites, parts of spacecraft from decades of missions, items exploded in warfare testing, and more. Dodging space junk is a regular requirement for spacecraft on orbit.

The International Space Station has had to maneuver 25 times between 1999 and 2018 to avoid collisions, and it had to dodge debris three times in 2020.

Monitoring such debris is a major issue as private space travel and the space economy continue to experience rapid growth. As the world increasingly becomes reliant on satellites, the U.S. and global satellite businesses bear the brunt of failure to track and remove orbital debris.

Additionally, adversaries to the U.S. take advantage of blindness gaps in our ability to detect and track threats to our national security satellites due to solar effects. These observation gaps leave these satellites, and therefore our country, open to attack.

AGI Orbital Debris
“We need to be proactive on space debris rather than learning by a terrible accident...”
- John Hickenlooper, U.S. Senator, Colorado

Solution

Launchspace holds key patents for resolving the orbital debris problem as well as a space-based sensor solution that will improve the ability to detect and track space-based threats from adversaries to our national security satellites.

We’re currently developing a low Earth Orbit (LEO) sensor satellite solution to detect and track orbital debris and active spacecraft in low and geosynchronous Earth orbits (LEO and GEO) and Cislunar Space (space between the Earth and the Moon).

Our orbital debris and sensor satellite solutions are designed to provide the ability to detect and track orbital debris, other satellites and threats from adversaries as well as remove orbital debris for national security, civil (NASA and NOAA) and commercial customers.

As of May 2021, SpaceX has launched 1730 satellites [1]. SpaceX plans to launch 42,000 satellites in the next 5 years [2] , and this is only one company!

The orbital debris threat isn’t going away… with the number of satellite launches growing exponentially, there will be the ongoing need for Launchspace's innovative solutions.

Orbital debris and satellites

Business Model

Launchspace’s revenue model is based on recurring subscription revenues from our orbital debris remediation and sensor satellite solutions that are protected by our patents and trade secrets that are critical to ensuring safe access to space and protection for vital space assets.

Our space-based sensor solution will cater to customers in need of:

  •   Precision data for national security customers (Space Domain Awareness)
  •   Orbital debris detection, tracking and remediation
  •   Space traffic management (STM)- precision sensor satellite data to detect and track 100,000 satellites expected to be in low Earth orbit in 2030 and the growing orbital debris population

With the exponential increase in satellites and spacecraft on orbit, the orbital debris threat and space traffic management problem of 100,000+ new satellites on orbit by 2030 and the growing population of orbital debris that we expect to be in excess of 1 trillion pieces between 1 mm and 2 cm (that currently can’t be seen) aren’t going away.

Launchspace provides long-term solutions to orbital debris remediation, space traffic management and national security threats from adversaries with sensor satellites (data) and orbital debris remediation spacecraft. Launchspace believes these revenue streams provide significant growth opportunities.

Market

According to the Space Foundation, In 2019 the global space economy was valued at $423.8 billion and projected to grow to a $1+ trillion market in the coming years.

In 2020, $271 billion was in the global satellite industry and $117 billion was directly in satellite services. [3]

market1
market2

Spacefaring nations require a safe orbital environment in which to successfully operate and deliver their services to world markets. Every commercial satellite operator must have insurance against satellite failures and accidents.

The orbital debris problem has reached a point where in the future, insurers might not provide coverage unless satellite operators have protection against collisions from orbital debris and other satellites by using sensor data and orbital debris remediation solutions.

National security space operations require precision tracking data on all space objects that may represent threats to their security. According to the Department of Commerce, commercial space commerce is expected to grow to $1 trillion in annual revenues in the next 5 years and $2 - $3 trillion in annual revenues in the next 10 years.

Press

Team

John H Bauman
CEO and Co-Founder

Serial technology entrepreneur and pioneer in IP over satellite TV, broadband, microelectronics, mobile and many other technologies.

Marshall H. Kaplan Ph.D.
CTO and Co-founder

First to study orbital debris with a NASA funded grant. World renowned in orbital mechanics and spacecraft, launch vehicle and space systems design

Congressman Bob Walker

The leading public policy advisor in the space industry. Trusted advisor to U.S. presidents and the leadership at NASA, the Space Force, the Pentagon and CEO’s of defense contractors.

Chris Rollins Ph.D.
Sensor Scientist (Research Support Instruments - RSI)

Has headed up sensor research and engineering on multiple national security, NASA and NOAA programs

GP Sandhoo, Ph.D.
Spacecraft Program Advisor

GP was the Superintendent for all spacecraft programs at the Naval Research Lab and is a Senior Executive Service (SES) member of government.

Bob Cenker, PE
Spacecraft Design & Architecture

35 years spacecraft bus design and architecture, former space shuttle astronaut.

Rich Colarco
LEO and GEO Project Manager

Deputy Commander for USAF Space Surveillance Network, Deputy Division Chief, Air Force Space Command for developing and fielding all USAF space tracking capabilities.

Dennis Poulos
Cislunar Project Manager

Consultant providing program management experience in Space Domain Awareness, Orbital Debris, Orbital Servicing, Assembly, and Manufacturing and numerous advanced space and hypersonic development programs.

Ramping up to 31 team members for Launchspace’s first sensor spacecraft and orbital debris platforms

Footnotes

Use of Proceeds


If the offering's maximum amount of $1,069,975 is raised:

UseValue% of Proceeds
Salaries for managers$162,50015.2%
Contract Engineers$216,40020.2%
Airbus Hosting on the ISS$37,1503.5%
Orbital Debris Technology Manufacturing and Testing$75,0007.0%
Promissory notes repayment$77,0007.2%
Robert Walker Board payments$18,0001.7%
Patents and Legal fees$100,0009.3%
Travel$12,0001.1%
Insurance$4,5000.4%
NASA Space Act Agreement Costs$104,0009.7%
Debt Repayment$117,00010.9%
Marketing and PR$20,0001.9%
Audited Financials$10,0000.9%
Additional Fundraising Costs$22,4692.1%
IT Consulting for Secure Network$5,0000.5%
Office and Equipment$30,0272.8%
Space Foundation Membership (Space Symposium)$6,5000.6%
Intermediary fees$52,4294.9%

Terms

The securities offered via this Offering will be available solely to citizens, permanent residents and companies of the United States of America.

Launchspace Technologies Corporation (LTC) has designed our Investor Identification Policy to ensure our company can prioritize U.S. national security. Other more common investor controls or regulations such as CFIUS (Committee for Foreign Investment in the U.S.) generally only cap maximum ownership at the direct investor level, and prohibit explicit control. However, we believe that indirect influence can be just as powerful, as investors can take actions that influence company behavior without having explicit control. For example, an investor with ties to a foreign sovereign government may not continue to provide financing to LTC in future rounds if their national interests have diverged with those of the United States at that time.

For another example, an investor might provide negative feedback to LTC management about a new product strategy in a domain such as space-based sensors for national security applications that is more controversial for them politically. Finally, a foreign-backed investor will need to report on their portfolio outlook, including LTC’s market positioning and product strategy – while this can be done while honoring confidentiality and export restrictions, it still provides valuable intelligence to foreign entities on key developments in the top tier of the U.S. technology sector.

To address these concerns, this policy 1) looks past the direct investor to their beneficial owners, and 2) is enforceable retroactively, in that we hold a repurchase right if the policy is violated regarding only U.S. investors and companies for this offering. If an investor is subsequently found to not be a U.S. individual (defined as a U.S. citizen or permanent resident) or company, or has a beneficial owner that is not a U.S. individual or company, LTC has the right but not the obligation to purchase LTC’s shares from this agreement at the original price the investor paid.

This is an offering of Class A Common Stock, under registration exemption 4(a)(6), in Launchspace Technologies Corporation. This offering must raise at least $10,000 by March 1, 2022 at 10:59pm ET. If this offering doesn’t reach its target, then your money will be refunded. Launchspace Technologies Corporation may issue additional securities to raise up to $1,069,975, the offering’s maximum.

$10,000 minimum
$249,848 raised

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:

499,401 shares
×
$100.26 per share
$50,069,944implied valuation

Pitch Deck

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

  • Dec 27, 2021
    Dear Netcapital investors, I hope you are...

    Dear Netcapital investors,

    I hope you are having a great holiday season and are staying safe. The three threats to spaceflight safety for astronauts, satellites and our national security space-based assets that keep our country safe from attack are orbital debris, the ability to manage the 100,000 satellites that are forecasted to be put on orbit in the next 10 years (Space Traffic Management) and military threats. We believe Launchspace is one of the only companies that has a comprehensive solution that addresses these threats. In the last 10 days we were interviewed by 2 reputable news sources, where I discussed in great detail the threats and solutions to spaceflight safety, the biggest being the orbital debris problem.

    Hopefully one or both of these publications will publish an article about Launchspace in the near future. I have included below the link to the longer presentation and Q&A that we did with Netcapital so that you can understand in great detail what we do.

    We appreciate your investment and if you have any questions, please post them in the discussion forum for Launchspace.

    Thanks,

    John Bauman

    Watch our Q&A with Netcapital!
  • Dec 9, 2021
    Hello Netcapital investors & watchlist...

    Hello Netcapital investors & watchlist users,

    I wanted to offer some insights on what we are doing. I’ve limited our capital raise to U.S. investors only due to sensitive technology that we could use with sensor satellites to watch for threats from adversaries to our national security satellites in addition to looking for orbital debris. This might have somewhat limited the investment potential from the Netcapital community but the Department of Defense (DoD), the Space Force, NASA and other government agencies won’t give contracts to companies that have foreign control from countries that are unfriendly to the U.S. So this approach protects the revenue and profits of Launchspace, and we also believe it’s also important to ensure our technology is not used by anyone our government considers to be an adversary to the U.S.

    We have been approached several times by “funds” that claim to be from a foreign ally and upon background check, they weren’t.

    I want to wish all of you a Happy Holiday Season and encourage you to reach out to me on the discussion board if you have any questions.

    Thanks,

    John Bauman

    Read More
  • Dec 1, 2021
  • Nov 30, 2021
    Hello Netcapital Investors & watchlist...

    Hello Netcapital Investors & watchlist users,

    Today the spacewalk on the International Space Station (ISS) was delayed due to orbital debris. What made the news once every few months is now happening pretty much every week. The orbital debris threat is growing rapidly. That’s because there are forecasted to be 100,000 new satellites that will be put on orbit in the next 10 years, spaceflight is growing exponentially and the risk from collision and clogged orbits, threatening the upcoming $ 1 trillion global space economy, is very high.

    Launchspace is the only orbital debris company that has a NASA Space Act Agreement for partnering with NASA to develop our patented orbital debris technology, we are the only orbital debris company that plans to put an orbital debris remediation solution on the ISS and Airbus is waiving $5.24 million in costs for putting our technology on the ISS.

    I think this would be a great time to consider investing in Launchspace. Nearly every major news organization has published a story about this event, here is a link to a story in SpaceNews.

    If you have an questions, please follow up and post on the discussion page.

    Thank you for your consideration, we are working very hard for investors to see a great return on their investment and really believe this is a very important service we are providing to the space industry.

    Thank you,

    John Bauman

    Orbital Debris Postpones Spacewalk on the ISS
  • Nov 24, 2021
    Hello Netcapital Investors, As many of you...

    Hello Netcapital Investors,

    As many of you know, last week Russia tested an anti-satellite weapon which created orbital debris that threatened the International Space Station (ISS). We were asked by SpaceNews, one of the leading space industry publications, to discuss our thoughts on the situation. I’ve attached a PDF document where you can read more.

    Please note our closing date and if you have any questions, please ask them on the discussion board. I very much appreciate your consideration and belief in Launchspace, please know we are working very hard to bring you a great return on your investment.

    Thanks,

    John Bauman

    Read More Here
  • Nov 8, 2021
  • Nov 3, 2021
    Hello Netcapital community. I wanted to let you...

    Hello Netcapital community. I wanted to let you know that I participated in a Webinar that goes into great detail about what Launchspace is doing and last week I participated in a demo day presentation for Launchspace. webinar: https://www.youtube.com/watch?v=_mxnpZt3YWU

    Demo day: https://www.youtube.com/watch?v=F_1P3F49WXA In the demo day video, I present from from 2 minutes to 10 minutes.

    I think now would be a great time to consider investing in Launchspace and if you have any questions, please post them in the discussion blog.

    Thanks,

    John Bauman

    Launchspace Webinar
  • Oct 29, 2021
    Hello Netcapital community. We spoke with the...

    Hello Netcapital community. We spoke with the NY Times for the third time and I expect an article about what we are doing in the near future. Attached you will find the write up that KingsCrowd, the only ratings and analytics firm for crowdfunding stocks, did on Launchspace. Out of 60 crowdfunding platforms and thousands of Offerings, we are one of only two crowdfunding Offerings that were recommended this month by KingsCrowd. To all of you, especially the 170+ that have our Offering on their watch list, please feel free to ask me any questions in the Discussion blog on our Portal Offering and please note our Offering date.

    Thanks,

    John Bauman

    Launchspace and the NY Times
  • Oct 5, 2021
    Hello Netcapital community, as I predicted,...

    Hello Netcapital community, as I predicted, another article was published about Launchspace about our work on the ISS as well as our deals with NASA and Airbus. This article appears in Aviation Week, the most regarded publication in the aerospace and aviation industry.

    If you have any questions, please put them into the discussion blog for Launchspace.

    Thanks,

    John Bauman

    Launchspace in Aviation Week for NASA, ISS and Airbus Contracts
  • Oct 4, 2021
    Hello Netcapital community, This is John...

    Hello Netcapital community,

    This is John Bauman from Launchspace Technologies again. I’m letting you know that SpaceNews, the most widely read news source in the Space Industry, has published an article about our technology deals with NASA and Airbus for our International Space Station (ISS) deployment, the grant we received from ISS National Lab and how we are doing a crowdfunding raise on Netcapital.

    I have attached the article in SpaceNews, which can also be found online here: https://spacenews.com/launchspace-wins-casis-grant/

    Please let me know if you have any questions in the discussion forum.

    Thanks,

    John Bauman Chief Executive Officer Launchspace Technologies Corporation

    Launchspace Technologies Published Article about NASA, Airbus, the ISS and grant funding
  • Oct 1, 2021
    Hello again, Netcapital community. We had a...

    Hello again, Netcapital community. We had a webinar on Wednesday about Launchspace Technologies orbital debris and sensor satellite solution. The webinar and the video on our offering page should give you a great idea on how we are trying to provide spaceflight safety for astronauts, satellites, the International Space Station (ISS) and our national security satellites as well as protect the upcoming annual $1 trillion global space economy.

    Thanks,

    John Bauman Chief Executive Officer Launchspace Technologies Corporation

    Launchspace Technologies Corporation Webinar Hosted by Netcapital
  • Sep 30, 2021
    This is John Bauman from Launchspace...

    This is John Bauman from Launchspace Technologies Corporation. We have just done a press release about our partnership with Airbus for our International Space Station (ISS) mission. This has just gone out to the major news wires and publications in the U.S. with a very positive and helpful quote from the Head of U.S. Space Systems at Airbus U.S. Space & Defense, Inc. We have a great relationship with a serious partner in Airbus. The press release explains the importance of what we are doing with Airbus on the International Space Station (ISS) with our orbital debris solution.

    Launchspace Technologies Press Release on the Airbus International Space Station Partnership
  • Sep 21, 2021
  • Sep 8, 2021
    Primary offering of 10,672 shares at $100.26
  • Sep 8, 2021

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