Small satellites (smallsats) are playing an increasingly significant role in space. Smallsats currently fly to space via ridesharing – taking spare capacity on a large launcher. Rideshare has numerous issues, including lack of availability, severe launch delays, and unsuitable orbits. Orbex is developing an EU-based orbital micro-launch vehicle with a uniquely innovative advantage that eliminates the issues of rideshare and mitigates the cost of a dedicated launch for smallsat operators. The vehicle exploits the properties of dual-cryogenic propellants to create an innovative, lightweight, low-cost tanking arrangement that reduces the inert mass of the launch vehicle by as much at 30% over traditional designs, and enable the world’s first environmentally-friendly rocket fuel strategy, with a 90% reduction in environmental impact. The small satellite launch market is well established and growing rapidly. The market for smallsat launch services is projected to grow US$2.52B p.a by 2022, a CAGR 23.2%. The benefits of developing this tanking system for a European micro-launch vehicle include:-
• Lowering cost of space access, including logistics/integration
• Reduced delay in time-to-market
• Enabling faster revenue generation for smallsat business models