SpinLaunch is a young Aerospace company that plans to launch satellites to Leo using electric power instead of a fuel powered rocket. They promise an extremely cheap cost per launch and can launch multiple times a day, potentially beating even SpaceX. However, the company has faced delays and technical challenges in finding a suitable launch location for the project, and their payload capacity is limited to 200 kg per launch. If they can overcome these challenges, SpinLaunch could become a game changer in the Aerospace industry.
1. Spin Launch is a young Aerospace company founded in 2014.
2. They have successfully demonstrated the possibility of sending satellites into orbit using an electrically powered system.
3. Their unique system uses a kinetic space launch system as a propulsion engine.
4. The ground system uses a rotating arm called Hypersonic tether to accelerate the Rocket's second stage.
5. They primarily use electric power sources as well as a reusable accelerator and Rocket to reduce launch costs by a factor of 10 and reduce fuel use by up to 70 percent compared to chemical Rockets.
6. Spin Launch has attracted investment from several investors, including NASA.
7. Their orbital accelerator system will cost customers around $2,500 per kilogram, roughly one-fifth the cost of today's systems.
8. Spin Launch aims to provide affordable and Rapid cargo launches to space.
9. Spin Launch's orbital accelerator is a suitable choice for these small objects segment, very different from SpaceX's rockets.
10. Spin Launch could become a game changer in the Aerospace industry if they can solve the current problem related to construction location and prevent technical risks.