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Quantum Space

All articles tagged with #quantum space

business1 month ago•4 min saved

Quantum Space to go public via SPAC merger to accelerate Ranger satellites

Quantum Space, led by former NASA administrator Jim Bridenstine, will merge with Inflection Point Acquisition Corp. VI to go public on Nasdaq (ticker QSPC) in Q4, backed by a $300 million PIPE and $253 million SPAC trust, valuing the company above $1.1 billion if no redemptions. Proceeds will fund ramping Ranger, expand manufacturing in Tulsa, and capitalize on Space Force demand via the Andromeda program, with projected 2026–2027 revenue but ongoing losses.

via SpaceNews|

#business #jim-bridenstine #quantum-space

technology2 months ago•5 min saved

Ex-NASA Chief Bridenstine Heads Quantum Space’s Ranger for Military Space Mobility

Jim Bridenstine, NASA’s former administrator, has been named CEO of Quantum Space, which is building Ranger—a compact, high-energy spacecraft designed for rapid, in-space maneuvering and refueling, capable of being refueled and refueling others to operate from low Earth orbit to cislunar space and carrying 4,000 kg of hydrazine. Quantum Space has acquired Phase Four and participates in DARPA’s LASSO, AFRL’s Oracle-P, and the Andromeda surveillance program, with Ranger’s first flight planned for July 2027. Bridenstine says national security space is a priority and aims to scale commercial space for the Space Force, while Quantum Space, with about 75 employees and $80 million in Series A funding, seeks additional capital.

via Ars Technica|

#artemis #bridenstine #quantum-space

commercial2 months ago•14 min saved

Bridenstine Named Quantum Space CEO to Drive Ranger’s National-Security Push

Former NASA administrator Jim Bridenstine is joining Quantum Space as CEO, with Kerry Wisnosky remaining president to focus on operations and spacecraft development. Bridenstine says Ranger’s high maneuverability and refuelability make it attractive for national-security applications, in line with DARPA’s LASSO program and Space Force’s Andromeda program, with the first Ranger launch planned for Q2 2027. The Artemis Group will continue under senior partner Gabe Sherman as Quantum Space expands partnerships amid rising space-defense spending.

via SpaceNews|

#andromeda #commercial #jim-bridenstine

technology9 months ago•2 min saved

Quantum Space acquires Phase Four propulsion assets

Quantum Space is acquiring propulsion assets from Phase Four to enhance its Ranger spacecraft, aiming to support national security and commercial missions with advanced multi-mode thruster technology, including facilities for rapid development. The deal signifies a strategic move to improve space mobility capabilities, especially for defense applications, amid Phase Four's recent operational uncertainties.

via SpaceNews|

#national-security #phase-four #propulsion-technology

space2 years ago•2 min saved

Quantum Space Unveils Scout-1 Satellite and Sentry Mission for Cislunar Network

Quantum Space plans to launch its first satellite, Scout-1, in March 2024 as part of its QuantumNet constellation, which aims to provide communications, navigation, and space situational awareness services in geostationary and cislunar space. The Scout-1 satellite will test a sensor that will track resident space objects and demonstrate communications between Quantum Space's ground and space infrastructures. The two-year Sentry mission will refine image-processing algorithms and serve as a stepping stone towards expanding into cislunar space. Quantum Space aims to support deep space commerce, national security, and scientific exploration by building the necessary infrastructure.

via SpaceNews|

#cislunar-space #deep-space #quantum-space