Gravitilab Aerospace
Financials
Estimates*
USD | 2023 |
---|---|
Revenues | 2.4m |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | £150k | Seed | |
N/A | £150k | Seed | |
N/A | £380k | Seed | |
N/A | $520k | Early VC | |
N/A | Support Program | ||
* | £100k Valuation: £1.9m | Seed | |
* | £1.4m | Seed | |
* | N/A | €500k | Seed |
Total Funding | $4.0m |
Related Content
Recent News about Gravitilab Aerospace
EditGravitilab is a pioneering company in the field of microgravity testing and space access, providing end-to-end testing services that offer more time in microgravity at a lower cost. The company serves scientific researchers and organizations looking to validate new space systems. Operating primarily in the European market, Gravitilab utilizes proprietary, reusable launch vehicles, including the first commercial UAV microgravity testing platform, to deliver up to 180 seconds of microgravity. This makes it a sustainable and cost-effective choice for clients. The business model revolves around offering dedicated and rideshare launch capabilities, with the flexibility to transport launch services to customers, thereby maximizing testing opportunities. Revenue is generated through the provision of these specialized launch services, which are tailored to meet the specific needs of each client. Gravitilab has a proven track record with three years of successful launches for European Space Agency programs and has developed three reusable hybrid rocket engines. The company aims to help clients achieve Technology Readiness Level (TRL) 6 and higher, ensuring reliable results for their research and technology validation.
Keywords: microgravity, reusable launch vehicles, UAV platform, hybrid rocket engines, European Space Agency, TRL 6, scientific research, space systems, cost-effective, flexible testing.