Voyager Subsidiary, Altius Space Machines, Inc. Announces Successful First Orbital Launch of DogTags Aboard OneWeb's Satellites
DENVER, Jan. 14, 2021 /PRNewswire/ -- Voyager Space Holdings, Inc. (Voyager), a global leader in space exploration, today announced its subsidiary, Altius Space Machines, Inc. (Altius) achieved a significant milestone: a successful first launch of the company's DogTags™ universal grapple fixtures into space aboard OneWeb's satellites. This is the first of many planned launches for Altius' DogTags, as the company is slated to produce grapple fixtures for all of OneWeb's remaining satellites in its planned constellation.
Altius' DogTag grapple fixture is a commercially available universal grappling point for satellites. DogTags are optimized for magnetic grappling; however, they are compatible with a variety of grapple methods such as mechanical grasping, Gecko adhesion, electrostatic adhesion and harpoon grappling. DogTags help mitigate the growing space debris problem by making it easier to deorbit non-functioning satellites, and can also be used to tug functional satellites to new orbits, act as an anchor point for satellite servicing, and capturing and stowing various payloads.
"This is an incredibly proud moment for Altius. It's always wonderful getting to see an idea your team has been working on for years take flight," said Jonathan Goff, CEO and founder of Altius Space Machines. "Beyond this individual achievement, we're optimistic today's launch will be the first of many as we work to lower the cost of servicing, and enable satellite operators like OneWeb to pioneer more sustainable space operations."
Altius' partnership with OneWeb is part of OneWeb's larger initiative focused on advancing Responsible Space. The satellite communications company is committed to "leaving no trace in space" and is partnering with companies like Altius as part of its advocacy efforts for space environmental stewardship to aid in orbital debris management. The satellites are manufactured by Airbus OneWeb Satellites in a state-of-the-art factory located in Merritt Island, Florida.
"It is very rewarding to see our first portfolio company reach such a major milestone as this one," said Matthew Kuta, president and COO of Voyager. "The DogTag is just one of their many revolutionary on-orbit satellite servicing solutions that we know will be transformational for future commercial and private sector use."
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About Altius Space Machines, Inc.
About Airbus OneWeb Satellites
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This press release contains "forward-looking statements." All statements, other than statements of historical fact, including those with respect to Voyager Space Holdings, Inc.'s (the "Company's") mission statement and growth strategy, are "forward-looking statements." Although the Company's management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve many risks and uncertainties, which could cause the Company's future results to differ materially from those anticipated. Potential risks and uncertainties include, among others, general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; and the ability to obtain necessary financing on acceptable terms or at all. Readers should not place any undue reliance on forward-looking statements since they involve these known and unknown uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
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SOURCE Voyager Space Holdings Inc.
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