Hi WeFunder Investors,
October had a lot of activity building a new test stand for the Rigel 450 rocket engine. We have been cleaning and prepping fluid components and integrating them on the test stand substructure, as well as developing the instrumentation and control software that will run the stand. We’ve obtained approval from the local airport and fire marshal to begin test operations this month. Coordinating with various agencies and stakeholders to get approval has taken some time but appears to be nearing completion. We’ve purchased a 16 foot enclosed trailer to use as a mobile command & service center for the test site, and are outfitting it with the necessary ground support equipment for test operations.
Functional tests of the stand controller software have been completed; final integration tests will be performed once the control electronics are installed on the test stand.
Cleaning and preparing all of the components for the test stand has been a large portion of the recent work. Hydrogen peroxide requires careful cleaning and passivation of all wetted surfaces to prevent decomposition. Thorough cleaning of the fuel components is required as well to ensure no contamination is present.
Tesseract has approximately 12 months of runway. We are working with a customer to develop a 12 month contract starting in early December that would develop, test, and flight qualify a third stage that could be operating in space before the end of 2019.
We’ve run into some issues with component availability that have required us to modify the test stand design on the fly to incorporate alternate parts (a couple of vendors were unable to meet their advertised lead times). Running on compressed schedules can present challenges like this, so we like to have contingency plans to keep things moving. We’ve been able to mitigate these issues and are still on track for initial hot-fire testing of the Rigel 450 within a month.
Tesseract currently has a team of 6 and will be adding a Space Systems Architect near the end of the month to help us develop several products in our satellite propulsion system product line.
What Tesseract does
Space industry growth is being constrained by the extremely high cost of propulsion today. Every system on a satellite or spacecraft has benefitted from Moore's Law, except propulsion. Satellite enabled internet will get the last 48% of humanity online, significantly improving lives. All satellites need propulsion and over 15,000 smallsats will be launched in the near future. There are only 1,500 active satellites today. Having low cost, high performance satellite propulsion is key to this happening.
Tesseract is building in-space propulsion systems for small satellites with lower price, low toxicity, and much better performance than existing options. Effectively twice the performance for half the price, allowing this industry to grow. This is just the beginning of a dramatic change for the world.
Please reach out with any questions or feedback.
The Tesseract Team
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