Space Debris Removal

The mission is being procured as a service contract with a startup led commercial consortium to help establish a new market for in orbit servicing as well as debris removal.
Space debris removal. Space debris removal is a solution in need of a market. The e deorbit mission first proposed publicly in early 2014 would seek out satellite debris in a polar orbit at an altitude between 800 and 1 000 kilometers 500 to 620 miles. However expect the sector to expand especially as competition heats up in the launch sector. Last month it was one of the companies involved in projects to be funded by the uk space agency.
Uk space agency funding. If this were not the case most of the required adr effort would go to compensate for the non compliance of new objects. Astroscale holdings a japan based orbital debris removal company announced that it has raised us 51 million in a series e funding round led by venture capital firm astart co. Esa safety security clean space clearspace 1 will be the first space mission to remove an item of debris from orbit planned for launch in 2025.
Esa as a space technology and operations agency has identified active removal technologies as a strategic goal. Ltd bringing the. London business wire the space debris monitoring and removal market size is poised to grow by usd 610 47 million during 2020 2024 progressing at a cagr of almost 5 throughout the forecast.