Starfish Space Secures $29M to Revolutionize Satellite Servicing

Starfish Space Secures $29M to Revolutionize Satellite Servicing

Washington-based startup, Starfish Space, has raised $29 million in a funding round led by Shield Capital to accelerate its mission of extending the lifespan of satellites and cleaning up orbital debris. A New Era of Satellite Servicing Starfish Space is pioneering a new era of satellite servicing with its innovative Otter spacecraft. Designed to perform a range of critical tasks, including: Satellite Life Extension: Extending the operational life of valuable satellites in geostationary orbit (GEO). Orbital Debris Removal: Safely disposing of defunct satellites in low Earth orbit (LEO). By offering these essential services, Starfish aims to maximize the value of satellite assets and mitigate the growing problem of space junk. The Otter Spacecraft The Otter spacecraft is a small, agile satellite designed to perform a variety of satellite servicing tasks. It is equipped with a robotic arm that can be used to capture and move other satellites, as well as a variety of sensors and cameras that ca…