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Orbit Fab and Litepulse Sign a Bilateral Letter of Intent

December 8, 2022|Partnerships

Lafayette, CO, December 2, 2022 - Orbit Fab, Inc., the Gas Station in SpaceTM company, and Litepulse, Inc., are pleased to announce the signing of a Bilateral Letter of Intent. Orbit Fab will provide RAFTI units and propellent for Litepulse’s power plants to improve maneuverability and extend mission lifetime. Litepulse will provide power to Orbit Fab in order to enable Orbit Fab to pursue in-situ resource utilization (ISRU). This agreement between Orbit Fab and Litepulse will help improve each company’s in-space capabilities and further increase humanity's ability to efficiently operate in space. “Litepulse’s vision is to build space’s first remote power grid, and this agreement with Orbit Fab is a big step towards making that vision a reality. We are excited to work with the great team over at Orbit Fab to make space accessible for everyone,” said Karl Stedman Litepulse’s Founder and CEO. About Orbit Fab Inc. Orbit Fab believes a bustling in-space economy is a precondition to permanent jobs in space. By providing a ubiquitous supply of satellite propellant in LEO, GEO and cis-lunar space (branded Gas Stations in SpaceTM), the company improves existing space business models (communications and Earth observation) and helps open new industries like space tourism, manufacturing, and mining. Orbit Fab has racked up a number of world-firsts: the first ever commercially available in-space refueling port (RAFTITM), the first-ever private company to resupply the International Space Station with water, and the first-ever satellite fuel depot. The future for satellites is no longer restricted to the fuel they are launched with. Orbit Fab delivers the fuel and other materials that are needed, where and when they are needed, to enable business models never before thought possible. The company recently announced its first commercial fuel sale to Astroscale, a private orbital debris removal company headquartered in Tokyo, Japan. About Litepulse Inc. Litepulse is a space-based remote power company for Space. The company is building a meshed energy grid powered by the sun to provide the power industries need to expand into orbit and beyond. By providing more efficient power to satellites, space stations, and additive manufacturing in LEO, GEO, and cis-lunar space, Litepulse will help unlock Space’s immense value for humanity. Media Contacts: Litepulse Inc media@litepulse.com Orbit Fab Grant Kendall-Bell grant@orbitfab.com


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