Orbit Fab
- 28/04/2023
- Unknown
- $28,500,000
Orbit Fab envisions a thriving in-space market for products and services that support both existing space businesses (communications and Earth observation) and new industries like space tourism, manufacturing, and mining. The first step is achieving ubiquitous availability of satellite propellant in Earth orbit, expanding the operational potential of new and existing space assets and providing unprecedented business model flexibility for satellite owners. The future for satellites is no longer restricted to the fuel they are launched with. It is about getting the fuel and other materials they need, where and when they need it, to accomplish things never before thought possible.
- Industry Defense & Space
- Website https://www.orbitfab.com/
- LinkedIn https://www.linkedin.com/company/orbitfab/
Related People
Daniel FaberFounder
A serial entrepreneur leading a number of startups in Silicon Valley, Daniel Faber has leveraged his experience in a wide range of industry sectors to bring together teams and build companies in the emerging field of in-space operations.
Founding CEO of Orbit Fab, Mr. Faber is building the fuel supply infrastructure upon which the bustling in-space economy will be built, and upon with it will depend. Since founding in 2018 the company has tens of millions of dollars of contracts, tens of millions of equity financing, dozens of customers, and several systems operated in orbit. "We founded Orbit Fab to create the propellant supply chain in orbit to enable a bustling in-space economy that can ultimately support permanent jobs in space."
As the former CEO of Deep Space Industries, Mr. Faber built a solid technology business, aggressively advancing a vision of delivering off-earth resources to the space economy. Under his leadership, the company released its first products with significant customer traction, grew sales to nearly $10 million, changed global perceptions and regulations around space resources.
A a serial entrepreneur in the aerospace and mining industries prior to DSI, Mr. Faber has grown several high tech companies from startup through to commercial success. He is the recipient of multiple innovation awards and has filed a number patents in the fields of mining, entertainment, medical imaging, and aerospace. Mr. Faber also serves on the Investment Advisory Committee for Spaced Ventures, a FINRA and SEC registered Funding Portal for Reg-CF crowd funding, providing equity financing to early stage space tech startups.
Mr. Faber holds a double-MBA at UCLA Anderson and National University Singapore (NUS), a degree in engineering from the University of New South Wales and a Postgraduate Certificate in Antarctic Studies from the University of Canterbury. He has served as a director and officer in several non-governmental organizations.