Effective Space Solutions
Providing In-Orbit Maintenance for Satellites
Company Overview
Snapshot
Founded in January 2013 by Arie Halsband, Effective Space Solutions operated with 1–10 employees. The company was acquired by Astroscale in July 2020, marking a significant exit in the space technology sector.
Business overview
Effective Space Solutions specializes in providing in-orbit maintenance and life-extension services for satellites. The company's core technology enables services such as station keeping, relocation to new orbital slots, re-utilization of inclined satellites, orbit correction for misplaced satellites, and deorbiting end-of-life satellites. It serves the aerospace and defense industries, operating within the space tech and space components and infrastructure sectors.
Strategic signal
In June 2020, news emerged that Astroscale's acquisition of Effective Space Solutions would mean the company's space drones would not be built in Israel. This development signaled a shift in manufacturing strategy and potentially the geographic focus for the acquired technology, indicating a consolidation of operations under the acquiring entity.
Log in to access full profile ›Company Intelligence Q&A
- When was Effective Space Solutions acquired?
- Effective Space Solutions was acquired by Astroscale in July 2020.
- Who founded Effective Space Solutions?
- Effective Space Solutions was founded by Arie Halsband.
- What was the strategic impact of the acquisition by Astroscale?
- In June 2020, it was reported that Astroscale's acquisition of Effective Space Solutions would lead to the company's space drones not being built in Israel, indicating a change in manufacturing location and strategy.
- What kind of services does Effective Space Solutions provide?
- Effective Space Solutions provides in-orbit maintenance and life-extension services for satellites, including station keeping, relocation, orbit correction, and deorbiting.
- What was a significant commercial agreement for Effective Space Solutions?
- In January 2018, Effective Space Solutions signed a $100 million deal for satellite life extension services.