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April 8, 2018 Update - We Reached Our Funding Goal

on Apr 9 2018
CEO and co-founder of SpaceFab.US, Inc.

We have reached our Wefunder campaign goal of raising at least $150,000! 

We want to thank all of our investors! We will be able to continue development of our Waypoint space telescope with your investment. We will be waiting for Wefunder to process checks that may be in the mail, so we won’t know the exact amount raised for a few more days. But we are grateful for your support, and your investment will be put to good use.

Here’s an update on our progress:

  • DARPA Blackjack Proposers Day
  • We traveled to Washington, DC for a meeting at the DARPA Conference Center in Arlington, VA on March 15. DARPA (Defense Advanced Research Projects Agency) has a new program called Blackjack. This program is looking for companies to help build a low cost constellation of 60 to 200 satellites in LEO (low Earth orbit) with enough capability to replace a single “exquisite” satellite design, but costing much, much less. We were among the 275 attendees and we were also one of the twenty “lightning talk” presenters.  We got positive feedback after our presentation, and we are now thinking of simple enhancements that would be agood fit for the proposal. We will spend some time writing a proposal abstract, and then decide how much more time we should devote to the full proposal when we get feedback from our abstract.

  • Summer Interns

With the success of the Wefunder campaign, we have decided to add two intern positions for the summer. One position will be for a mechanical/aerospace engineering student who would help us in designing and analyzing the Waypoint spacecraft bus mechanical structure and various telescope mechanisms. Another position will be for an optics engineer who would help us with the telescope, cameras, and laser communication optics.

Our objective will be for our interns to have an enjoyable and productive summer in pleasant Southern California, and accelerating our work on important parts of our state-of-the-art spacecraft.

Thank you for your support!

Randy Chung, CEO and co-founder, SpaceFab.US

Sean League, Director of Spacecraft Development and co-founder, SpaceFab.US

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