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Lodestar
Space research technology
- 1-20 employees
- B2B
- Automation
- Aerospace
- Westminster, London, UK
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Company mission
To provide autonomous and highly dexterous capabilities to inspect, protect, and repair the world's most critical assets in orbit today while building the space infrastructure of tomorrow.
Our take
Satellites are critical for services ranging from GPS to disaster coordination. But they face significant vulnerabilities due to their inaccessibility, making them susceptible to technical issues and attacks. Addressing these concerns is essential for maintaining space infrastructure and national security.
Lodestar aims to revolutionise satellite maintenance and security with a "first responder" service in space, utilising advanced robotic sentries. Unlike competitors building entire spacecraft, Lodestar focuses on a platform-agnostic robotic system. Its initial product, a dexterous robotic arm, is designed to inspect and repair assets in orbit, offering scalable solutions for commercial and defence customers.
With substantial funding secured, it is clear investors are optimistic about the company's potential. Future goals include developing a flight-ready robotic arm and expanding to the US market to attract attention from the Department of Defense, as well as meeting the growing demand for sovereign space solutions in Europe.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Equity pool options
- Vibrant, open-plan office in London
- 28 Days Annual Leave
- Private Medical Insurance
- Personal Development Opportunities
Funding (1 round)
Jul 2024
$2.5m
SEED
Total funding: $2.5m
Leadership
Neil Buchanan
(Co-Founder)Graduated from the University of Edinburgh with a Master's degree in Mechanical Engineering. Previously founded endeavour where they served as Team Lead for 2 years. They also worked as a Business Development Specialist at Flowcopter.
Thomas Santini
(Co-Founder)Previously Co-founded Dekked. They also worked as a Product Manager at Backslash Build and Nutribloc, and as an RDD New Product Design Engineer at Dyson.