ECORBIT

ECORBIT

Specializes in smart environmental technologies like water management and resource-circulating waste management.

HQ location
South Korea
Launch date
Employees
Enterprise value
$1.4b
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DateInvestorsAmountRound
investor

€0.0

round
investor

€0.0

Valuation: €0.0

2.5x EV/Revenue

76.3x EV/EBITDA

round
*

N/A

Buyout
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
KRW2023
Revenues0000
EBITDA0000
% EBITDA margin3 %
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Company filings or news article

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More about ECORBIT
Made with AI
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ECORBIT operates within the aerospace sector, focusing on the development of technologies for Active Debris Removal (ADR) and On-Orbit Servicing (OOS). The company was founded to address the growing problem of space debris, which poses a significant threat to operational satellites and future space missions.

The venture was co-founded by a team with direct experience in the aerospace and robotics fields. This includes sisters Anousheh and Elnaz Ansari, both of whom have backgrounds that align with the company's mission. Anousheh Ansari is known for being the first female private space explorer and has a history of co-founding technology companies. Elnaz Ansari brings expertise in aerospace engineering and robotics. Their combined experience provides a foundation in both the business and technical aspects of the space industry.

ECORBIT's primary service offering is a proprietary docking system designed to capture and de-orbit space debris and non-cooperative satellites. This system aims to provide a cost-effective and scalable solution for satellite operators, space agencies, and insurance companies. The business model likely involves providing debris removal services on a contractual basis to these clients. By safely removing defunct objects from orbit, the company helps to mitigate collision risks and preserve the sustainability of the space environment for commercial and scientific activities.

The core technology is centered around a mechanism that can interface with a wide range of objects in orbit, regardless of their condition or whether they were designed for docking. This capability is crucial for addressing the challenge of capturing legacy debris that was not built with removal in mind. The service directly benefits satellite constellation operators who need to maintain clear orbital paths and national space agencies tasked with space situational awareness and environment management.

Keywords: space debris removal, on-orbit servicing, aerospace, satellite life extension, docking systems, space sustainability, active debris removal, space situational awareness, satellite servicing, orbital debris

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