What is the story about?
What's Happening?
Madrid-based startup Orbital Paradigm is innovating in the field of orbital reentry with its KID capsule, designed for materials creation in zero gravity. The company has raised €1.5 million in seed funding and plans to launch its first mission soon. Orbital Paradigm aims to offer smaller, more affordable capsules compared to larger options like SpaceX's Dragon, catering to biotech companies needing frequent microgravity tests.
Why It's Important?
The development of cost-effective reentry capsules could democratize access to space research, allowing more companies to conduct experiments in microgravity. This innovation supports the growing demand for space-based research in biotechnology and materials science, potentially leading to breakthroughs in drug development and manufacturing processes. Orbital Paradigm's approach could reduce costs and increase the frequency of space missions.
What's Next?
Orbital Paradigm plans to conduct its maiden mission in the coming months, with a second mission featuring a scaled-down Kestrel capsule in 2026. The company aims to establish itself as a leader in affordable space access, potentially expanding its client base and increasing the frequency of missions. Continued investment and collaboration with research institutions will be crucial for its success.
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