- Raised $500k grant, Jun 2023
- Raised $250k funding round, Jan 2023
About
SPX Space Plasmatics develops and manufactures plasma thrusters for nanosatellites
SPX's thrusters are based on a patented plasma technology that is more efficient and lightweight than traditional chemical thrusters. This makes SPX's thrusters ideal for nanosatellites, which are small and have limited power and weight budgets.
SPX's thrusters have been successfully tested in space on the RAKIA nanosatellite, which was launched to the International Space Station (ISS) in February 2022. RAKIA is the first nanosatellite to use plasma thrusters for propulsion.
SPX is currently developing a new generation of plasma thrusters that are even more efficient and lightweight. These thrusters will be used on a variety of nanosatellite missions, including Earth observation, communications, and scientific research
Funding history · 2 rounds · $750K total
Q&A
- What is the current status of Space Plasmatics?
- Space Plasmatics is currently inactive, having ceased operations in December 2024.
- What is Space Plasmatics' primary business?
- Space Plasmatics develops and manufactures plasma thrusters for nanosatellites, utilizing patented plasma technology for efficiency and lightweight design.
- When was Space Plasmatics founded?
- Space Plasmatics was founded in April 2021.
- How much funding has Space Plasmatics raised in total?
- Space Plasmatics has raised a total of $750,000.
- When was Space Plasmatics' most recent funding round and who participated?
- Space Plasmatics received a Grant in June 2023, with participation from Israel Innovation Authority.
- How many employees does Space Plasmatics have?
- Space Plasmatics has 1-10 employees.
- Who is the founder and CEO of Space Plasmatics?
- Igal Kronhaus is the Founder & CEO of Space Plasmatics.
- What is a key achievement of Space Plasmatics' technology?
- Space Plasmatics' thrusters were successfully tested in space on the RAKIA nanosatellite, which launched to the International Space Station (ISS) in February 2022, marking the first nanosatellite to use plasma thrusters for propulsion.
Team · 1
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Identifiers & details
| Founded | 2021-4 |
|---|---|
| Employees (exact) | 2 |
| Status reason | Non Active, Dec 2024 ceased to operate |