iRocket has announced that the company signed an agreement with Turion Space Corp. — iRocket is a startup building 100% fully reusable rockets for smallsats and constellations that are intended for LEO orbit via the company’s Shockwave launch vehicle.
The company develops cost-effective launch vehicles that can support rapid launching within 24 hrs. for 400 kg. and 1500 kg. payloads for smallsat constellation providers for national security satellites, 5G internet constellations, the Internet of Things (IoT), Biotech Research, and Space exploration.
In addition, the reusable upper stage will target space junk removal that are in LEO orbit. iRocket is currently funded by the U.S. Space Force – Space Systems Command, The M&J Engineering Group, & Village Global (a venture capital firm).
Turion Space is building spacecraft to remove orbital-debris and provide orbit-modification and domain-awareness services to existing space assets. The company plans to soon launch their D-1 satellite. Turion Space is funded by Y Combinator, Soma Capital, Forward VC, Pi Campus, FoundersX Ventures, Harvard Management Company, Imagination VC, among several others.
The company's CEO, Asad Malik, said, “We are excited about this new partnership with Turion Space to provide rapid access to space and cost competitive launch costs for their 20 Droid satellites and the low-cost final orbit delivery option their Droid satellites will bring to some of our own customers.”
Turion Space CEO, Ryan Westerdahl, said, “Turion Space looks forward to a strong partnership with iRocket for access to space and for providing us with a pipeline of future customers that will use the final orbit delivery services our Droid spacecraft can provide.”