Equatorial Space Industries Pte Ltd., has announced that it has signed a Memorandum of Understanding (MOU) with Precious Payload Inc. This partnership with digital freight forwarder for space missions will advance technologies and lines of business towards exploration of satellite ridesharing opportunities for low-inclination launches.
Equatorial Space’s upcoming Volans microsatellite launch vehicle capable of reaching both
near-equatorial and polar inclinations from the upcoming launch sites within APAC region.
Volans is a two-stage, hybrid-propelled launch vehicle capable of delivering 20-70kg of payload, designed to support all major nano-and-microsat deployer platforms.
“Equatorial’s unique offering of low-inclination launches in Asian region caters for the niche, but thriving market. Simon is advancing the development of the launch service rapidly, and we are excited to help him and his team since the early days.” - said Andrey Maksimov, the Chief
Executive Officer and Co-founder of Precious Payload.
“Precious Payloads truly made it easy to connect launch service providers with satellite
operators and developers - with a clear-cut user interface and rapidly growing customer base,
we are delighted to begin what we hope will be a game-changing partnership not just for the two Companies, but to the industry at large.” - said Simon Gwozdz, the Chief Executive Officer of ESI.