 Stock image of Altius' space tug Bulldog. |
Voyager Space Holdings' subsidiary - Altius Space Machines - has been selected to participate in a Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs to further develop in space servicing capabilities using its patented electropermanent magnet (EPM) technology.
Altius submitted proposals for the SBIR and STTR programs alongside notable partners such as Virginia Tech in order to not only explore the potential of its EPM technology but also to provide existing satellite and space launch companies with game-changing solutions that meet the needs of the growing space economy.
"We are incredibly proud of the hard work our team at Altius has done to get us to this point," said Jonathan Goff, CEO and founder of Altius Space Machines. "The industry is changing at a rapid rate and it's up to us to provide the innovative solutions that can help our customers accelerate both their businesses and the larger industry as a whole."
These recent wins build upon other EPM related NASA efforts and continue to demonstrate the broad range of EPM technology to in space servicing capabilities.
"As Voyager continues to grow, so too do our portfolio companies. Altius is the first company we acquired and we couldn't be more excited as both companies generate such momentum," said Matthew Kuta, president and COO of Voyager.
"Altius is making major waves in the industry and we can't wait to see how their innovations continue to move the needle forward for the space industry."
Related Links
Voyager Space Holdings
Altius Space Machines
Space Technology News - Applications and Research
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