What's Happening?
Francesco Cacciatore, after two decades in the European aerospace industry, founded Orbital Paradigm with co-founder Víctor Gómez García. The Madrid-based startup is developing a reentry capsule to unlock new markets for materials created in zero gravity. Their test capsule, KID, is a precursor to a future reusable space capsule called Kestrel. The company has raised €1.5 million in seed funding and plans to launch its maiden mission in three months, aiming to demonstrate the capsule's ability to survive hypersonic reentry.
Why It's Important?
Orbital Paradigm's efforts to create a cost-effective reentry solution could open new opportunities for industries reliant on microgravity environments, such as biotech and materials science. By enabling repeated orbital missions, the startup could facilitate advancements in drug development and new material creation. This innovation may also drive competition in the aerospace sector, pushing other companies to develop similar technologies.
What's Next?
Orbital Paradigm plans to conduct its first mission soon, with a second mission in 2026 featuring a scaled-down Kestrel capsule equipped with propulsion and parachute systems. The success of these missions could attract more customers and investors, further advancing the company's capabilities and market presence.
