Space Plasmatics

Company Overview

Snapshot

Founded in April 2021 by Igal Kronhaus, Space Plasmatics operates with 1–10 employees. The company has raised $750K across two funding rounds from one investor. In June 2023, Space Plasmatics secured a grant from the Israel Innovation Authority.

Business overview

Space Plasmatics develops and manufactures plasma thrusters for nanosatellites, utilizing a patented plasma technology that offers greater efficiency and lighter weight compared to traditional chemical thrusters. This makes their solutions particularly suitable for nanosatellites, which have stringent power and weight constraints. The company's technology serves the aerospace industry, with applications in Earth observation, communications, and scientific research.

Company Intelligence Q&A

What is Space Plasmatics' core technology?

Space Plasmatics develops and manufactures plasma thrusters for nanosatellites, based on a patented plasma technology that is more efficient and lightweight than traditional chemical thrusters.

When was Space Plasmatics founded and by whom?

Space Plasmatics was founded in April 2021 by Igal Kronhaus, who serves as the Founder & CEO.

What was a significant milestone for Space Plasmatics in 2022?

In February 2022, Space Plasmatics' thrusters were successfully tested in space on the RAKIA nanosatellite, which was launched to the International Space Station (ISS). RAKIA was the first nanosatellite to use plasma thrusters for propulsion.

What is the current status of Space Plasmatics?

Space Plasmatics is currently non-active and ceased to operate in December 2024.

What type of customers does Space Plasmatics target?

Space Plasmatics targets B2G and B2B customers, with a focus on the aerospace sector for applications such as Earth observation, communications, and scientific research.