San Jose, California, March 13, 2018 -- Deep Space Industries announced today that it has signed a contract with Astro Digital to provide several CometTM water-based satellite propulsion systems. Comet is a simple, launch-safe, and cost-effective electrothermal propulsion system that uses water as a propellant and can be customized for nearly any small satellite application.
|
|||
“We chose DSI’s propulsion solution because of the team’s ability to deliver a unique and relatively large microsat propulsion system on an incredibly aggressive schedule,” explained Chris Biddy, chief executive officer of Astro Digital. “We are quite impressed by the Comet’s scalable nature and ease of integration.”
Comet is unique in that it uses water as propellant. This is especially important for Deep Space Industries’ future asteroid mining plans, as water will be among the first resources mined from asteroids. In the meantime, this propulsion system is efficient, affordable, and easy to use for small satellites that will stay much closer to home, for customers such as Astro Digital.
“Astro Digital is a fantastic organization. We are proud to partner with their team on this and many other projects in the future, “commented Bill Miller, chief executive officer of Deep Space Industries. “Comet has been very successful in the market and we are adding new customers almost monthly at this point.”
About Astro Digital
Astro Digital (AD) is enabling big data analytics from space. We monitor Earth from space with our constellation of multi-spectral Landmapper satellites and a dedicated software platform for imagery analysis and distribution. With a team of engineers, developers and data scientists based on NASA's Moffett Field, we're monitoring commercially active land use to model global change and analyze local activity for a variety of business needs. For more information, visit: www.astrodigital.com
About Deep Space Industries
Deep Space Industries (DSI) is dedicated to making space resources available to fuel mankind’s expansion into space. We are developing a new type of spacecraft, and innovative propulsion technologies that dramatically lower the cost of access to Earth orbit and beyond. Our first step towards that goal has been to create new propulsion technologies that can extend the life and capabilities of small satellites. Deep Space Industries is headquartered in Silicon Valley, California, with offices in Florida, and in Luxembourg.
Attachment:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/0d941233-3421-4041-8f5e-aa77fff4b3a1
Meagan Crawford Deep Space Industries 8558557755 [email protected]


Thomson Reuters C-Track Cyberattack Hits Courts Across U.S. and Canada
Amazon Shares Fall as FTC Plans Ad Pricing Lawsuit
MongoDB Stock Sinks 14% as Atlas Growth Misses Expectations
Berkshire Hathaway Eyes Bigger Stakes in Japan’s Top Trading Houses
Apple’s Phil Schiller Steps Back as Leadership Shake-Up Accelerates
Shein Shares Drop 5% After Weak Hong Kong IPO Debut
GM Canada Workers Approve C$1.1 Billion Investment Deal
Lynas Rare Earths Shares Rise After Takeover Talks Revealed
MediaTek Shares Jump 10% on Nvidia’s $3.5 Billion Investment
Trump Secures Drug Pricing Deals With Nine Pharma Companies
GSM Eyes US, Europe Expansion Ahead of 2028 Hong Kong IPO
Fast Retailing Shares Drop as Uniqlo Japan August Sales Fall
OpenAI Rejects Apple Trade Secret Theft Claims
US Tech Giants’ AI Bond Boom Raises Euro Zone Borrowing Risks
Microsoft to Reveal Azure Revenue in Major Reporting Shake-Up
SpaceX Mobile Network Could Cost Up to $130 Billion, Bernstein Says
South Korea Unveils Record $597 Billion 2027 Budget to Boost AI and Chips 



