At Benchmark Space, we believe in a future where small satellites give all users easy access to space, and we’re proud to be building the next-generation of chemical propulsion systems that will support this future. That’s why we are so excited to have the team at LaunchCapital participate in our recent funding round; as articulated in their funding announcement, LaunchCapital shares our passion for products that can open new markets, change business models, and create new opportunities for our customers. This announcement is a great way to start 2019, but keep an eye out, because we have more announcements coming soon!
The Benchmark Space team is excited to announce a recent AFWERX Phase I award for our proposed "B125: Turn-Key Small Satellite Thruster with On-Demand Pressurization and Non-Toxic Propellant" program. The primary objective for this first phase is to define requirements and optimize our bi-propellant thruster for planned and future missions of our engaged United States Air Force customers.
"AFRL and AFWERX have partnered to streamline the Small Business Innovation Research process in an attempt to speed up the experience, broaden the pool of potential applicants and decrease bureaucratic overhead. Beginning in SBIR 18.2, and now in 18.3, the Air Force has begun offering 'Special' SBIR topics that are faster, leaner and open to a broader range of innovations."