O Caixa Empreender Award atribuiu um valor de investimento adicional, no valor de 100 mil euros, ao projeto que mais se destacou de um conjunto de 7 startups, previamente selecionadas no âmbito dos programas de aceleração que contam com o apoio do Grupo CGD, BGI, Lisbon Challenge e ACT by COTEC.
A D Orbit foi uma das startups presentes no Caixa Empreender. #thefuturefromscratch
Mais sobre o objetivo deste evento em: http://bit.ly/1CzA5BV
10. • Satellites cost: ~$300M and up (billions)
• Revenues (GEO): $1.5B per satellite
• Telecomm satellites’ EBITDA > 80%
• Removal is compulsory by law
The Commercial Perspective
SATELLITE
OPERATOR
SATELLITE
NOT REMOVED
REMOVED
IN 25 YEARS
REMOVED
WITH D-ORBIT
LEO, MEO, GEO
SATELLITES,
LAUNCHERS’ STAGES
UP TO $1.3B
LOSSES
UP TO $0.1B
LOSSES
+ UP TO $25m
MORE REVENUES
SATELLITE OPERATORS NUMBERS
12. D-ORBIT DECOMMISSIONING DEVICES
Safe, controlled and quick
decommissioning (few hours)
both for LEO and GEO satellites
Unique and patent pending (11
countries) smart propulsive
device, easy to install before
launch
Independent from the
satellite, it may works even if
the satellite does not
Nozzle
(conical or
bell-shaped)
Solid
propellant
case
Command
and Control
Unit (separable)
Mechanical
Interface
14. D-ORBIT HERITAGE
Motor engineering
model test
November
21st, 2013:
first launch
in Orbit
Space “certified”
technology
ECSS-E-ST-10-03C, ECSS-E-ST-10-
04C and ECSS-E-ST-20-07.
15. PATENTS
PATENT PENDING IN 11 COUNTRIES:
ALL THE COUNTRIES WITH ACCESS TO SPACE
GRANTED IN ITALY
POSITIVE RESPONSE BY EPO AND RUSSIA
17. 0
10
20
30
40
50
60
70
80
2015 2016 2017 2018 2019
Military/Government Military/Commercial
Government Commercial/Government
Commercial
«REPLACEMENT» SATELLITES
0
10
20
30
40
50
60
70
80
2015 2016 2017 2018 2019
Europe Noth America Russia
Asia South America Oceania
Africa Multinational
18. 0
10
20
30
40
50
60
70
80
2015 2016 2017 2018 2019
Military/Government Military/Commercial
Government Commercial/Government
Commercial
«REPLACEMENT» SATELLITES
0
10
20
30
40
50
60
70
80
2015 2016 2017 2018 2019
Europe Noth America Russia
Asia South America Oceania
Africa Multinational
19. RECENT COMMERCIAL MILESTONES
ESA CONTRACT
(ITT 7943 «Thrust Vector Control System for solid propellant de-orbit motors»)
H2020 SME INSTRUMENT PHASE 1
(Decommissioning device for satellite)
NASA-CASIS CONTRACT
(support to mission: first satellite to be removed from space)
LETTER OF INTENT / PATRONAGE LETTERS
(Commercial Satellite Operators, Space Agencies, Integators)
COOPERATION AGREEMENTS / MoU
(Satellite integrators, launch providers)
REQUEST FOR PROPOSAL / INVITATION TO TENDER
(Supply decommissioning device to commercial companies)
22. D-ORBIT ROADMAP
D-Orbit
established
• Patent filed
Mar. 2011
Market &
Business
Model
• Market
research
• Business plan
2011
$400k
seed
D-Orbit
established
D-Orbit
prototype
• Patent filed • Suppliers
defined
• Technical team
Mar. 2011
$400k
seed
23. D-ORBIT ROADMAP
D-Orbit
established
• Patent filed
Mar. 2011
Market &
Business
Model
• Market
research
• Business plan
2011
$400k
seed
D-Orbit
established
D-Orbit
prototype
• Patent filed • Suppliers
defined
• Technical team
Mar. 2011
$400k
seed
D-Orbit
established
D-Orbit
prototype
Test on
ground
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
Mar. 2011 Jan. 2012
Market &
Business
Model
Pre-
commercial
activities
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
2011 Mar. 2012
$400k
seed
24. D-ORBIT ROADMAP
D-Orbit
established
• Patent filed
Mar. 2011
Market &
Business
Model
• Market
research
• Business plan
2011
$400k
seed
D-Orbit
established
D-Orbit
prototype
• Patent filed • Suppliers
defined
• Technical team
Mar. 2011
$400k
seed
D-Orbit
established
D-Orbit
prototype
Test on
ground
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
Mar. 2011 Jan. 2012
Market &
Business
Model
Pre-
commercial
activities
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
2011 Mar. 2012
$400k
seed
D-Orbit
established
D-Orbit
prototype
Test on
ground
New
production
facility
Launch
qualification
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
• ECSS Certified
labs (Italy,
Spain)
Mar. 2011 Jan. 2012 Jul. 2013Apr. 2013
• 250m2 facility
• clean room
• engineering
design
Market &
Business
Model
Pre-
commercial
activities
Insurance
Business
Model
Commercial
activities
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
• Main satellite
insurers in
Europe
2011 Mar. 2012 Oct. 2013Apr. 2013
• SES Astra
advisor
• First exhibition
(ESA)
$400k
seed
$850k
convertible note
25. D-ORBIT ROADMAP
D-Orbit
established
• Patent filed
Mar. 2011
Market &
Business
Model
• Market
research
• Business plan
2011
$400k
seed
D-Orbit
established
D-Orbit
prototype
• Patent filed • Suppliers
defined
• Technical team
Mar. 2011
$400k
seed
D-Orbit
established
D-Orbit
prototype
Test on
ground
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
Mar. 2011 Jan. 2012
Market &
Business
Model
Pre-
commercial
activities
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
2011 Mar. 2012
$400k
seed
D-Orbit
established
D-Orbit
prototype
Test on
ground
New
production
facility
Launch
qualification
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
• ECSS Certified
labs (Italy,
Spain)
Mar. 2011 Jan. 2012 Jul. 2013Apr. 2013
• 250m2 facility
• clean room
• engineering
design
Market &
Business
Model
Pre-
commercial
activities
Insurance
Business
Model
Commercial
activities
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
• Main satellite
insurers in
Europe
2011 Mar. 2012 Oct. 2013Apr. 2013
• SES Astra
advisor
• First exhibition
(ESA)
$400k
seed
$850k
convertible note
D-Orbit
established
D-Orbit
prototype
Test on
ground
New
production
facility
Launch
qualification
Validation in
space
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
• ECSS Certified
labs (Italy,
Spain)
• Acceptance test
& Launch in orbit
• DNEPR, Russia
Mar. 2011 Jan. 2012 Jul. 2013 Nov. 2013Apr. 2013
• 250m2 facility
• clean room
• engineering
design
Market &
Business
Model
Pre-
commercial
activities
Insurance
Business
Model
Commercial
activities
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
• Main satellite
insurers in
Europe
2011 Mar. 2012 Oct. 2013Apr. 2013
• SES Astra
advisor
• First exhibition
(ESA)
$400k
seed
$850k
convertible note
26. D-ORBIT ROADMAP
D-Orbit
established
• Patent filed
Mar. 2011
Market &
Business
Model
• Market
research
• Business plan
2011
$400k
seed
D-Orbit
established
D-Orbit
prototype
• Patent filed • Suppliers
defined
• Technical team
Mar. 2011
$400k
seed
D-Orbit
established
D-Orbit
prototype
Test on
ground
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
Mar. 2011 Jan. 2012
Market &
Business
Model
Pre-
commercial
activities
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
2011 Mar. 2012
$400k
seed
D-Orbit
established
D-Orbit
prototype
Test on
ground
New
production
facility
Launch
qualification
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
• ECSS Certified
labs (Italy,
Spain)
Mar. 2011 Jan. 2012 Jul. 2013Apr. 2013
• 250m2 facility
• clean room
• engineering
design
Market &
Business
Model
Pre-
commercial
activities
Insurance
Business
Model
Commercial
activities
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
• Main satellite
insurers in
Europe
2011 Mar. 2012 Oct. 2013Apr. 2013
• SES Astra
advisor
• First exhibition
(ESA)
$400k
seed
$850k
convertible note
D-Orbit
established
D-Orbit
prototype
Test on
ground
New
production
facility
Launch
qualification
Validation in
space
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
• ECSS Certified
labs (Italy,
Spain)
• Acceptance test
& Launch in orbit
• DNEPR, Russia
Mar. 2011 Jan. 2012 Jul. 2013 Nov. 2013Apr. 2013
• 250m2 facility
• clean room
• engineering
design
Market &
Business
Model
Pre-
commercial
activities
Insurance
Business
Model
Commercial
activities
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
• Main satellite
insurers in
Europe
2011 Mar. 2012 Oct. 2013Apr. 2013
• SES Astra
advisor
• First exhibition
(ESA)
$400k
seed
$850k
convertible note
D-Orbit
established
D-Orbit
prototype
Test on
ground
New
production
facility
Launch
qualification
Validation in
space
D-SAT
mission
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
• ECSS Certified
labs (Italy,
Spain)
• Acceptance test
& Launch in orbit
• DNEPR, Russia
Mar. 2011 Jan. 2012 Jul. 2013 Nov. 2013 2014
• First satellite to be
removed in a safe
and controlled way
from space. All
produced in house
Apr. 2013
• 250m2 facility
• clean room
• engineering
design
Market &
Business
Model
Pre-
commercial
activities
Insurance
Business
Model
Commercial
activities
Letter of
Intent
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
• Main satellite
insurers in
Europe
• GEO satellite
operator
• Portuguese
subsidiary
established
2011 Mar. 2012 Oct. 2013 May 2014Apr. 2013
• SES Astra
advisor
• First exhibition
(ESA)
$400k
seed
$850k
convertible note
$650k
convertible note
27. D-ORBIT ROADMAP
D-Orbit
established
• Patent filed
Mar. 2011
Market &
Business
Model
• Market
research
• Business plan
2011
$400k
seed
D-Orbit
established
D-Orbit
prototype
• Patent filed • Suppliers
defined
• Technical team
Mar. 2011
$400k
seed
D-Orbit
established
D-Orbit
prototype
Test on
ground
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
Mar. 2011 Jan. 2012
Market &
Business
Model
Pre-
commercial
activities
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
2011 Mar. 2012
$400k
seed
D-Orbit
established
D-Orbit
prototype
Test on
ground
New
production
facility
Launch
qualification
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
• ECSS Certified
labs (Italy,
Spain)
Mar. 2011 Jan. 2012 Jul. 2013Apr. 2013
• 250m2 facility
• clean room
• engineering
design
Market &
Business
Model
Pre-
commercial
activities
Insurance
Business
Model
Commercial
activities
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
• Main satellite
insurers in
Europe
2011 Mar. 2012 Oct. 2013Apr. 2013
• SES Astra
advisor
• First exhibition
(ESA)
$400k
seed
$850k
convertible note
D-Orbit
established
D-Orbit
prototype
Test on
ground
New
production
facility
Launch
qualification
Validation in
space
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
• ECSS Certified
labs (Italy,
Spain)
• Acceptance test
& Launch in orbit
• DNEPR, Russia
Mar. 2011 Jan. 2012 Jul. 2013 Nov. 2013Apr. 2013
• 250m2 facility
• clean room
• engineering
design
Market &
Business
Model
Pre-
commercial
activities
Insurance
Business
Model
Commercial
activities
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
• Main satellite
insurers in
Europe
2011 Mar. 2012 Oct. 2013Apr. 2013
• SES Astra
advisor
• First exhibition
(ESA)
$400k
seed
$850k
convertible note
D-Orbit
established
D-Orbit
prototype
Test on
ground
New
production
facility
Launch
qualification
Validation in
space
D-SAT
mission
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
• ECSS Certified
labs (Italy,
Spain)
• Acceptance test
& Launch in orbit
• DNEPR, Russia
Mar. 2011 Jan. 2012 Jul. 2013 Nov. 2013 2014
• First satellite to be
removed in a safe
and controlled way
from space. All
produced in house
Apr. 2013
• 250m2 facility
• clean room
• engineering
design
Market &
Business
Model
Pre-
commercial
activities
Insurance
Business
Model
Commercial
activities
Letter of
Intent
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
• Main satellite
insurers in
Europe
• GEO satellite
operator
• Portuguese
subsidiary
established
2011 Mar. 2012 Oct. 2013 May 2014Apr. 2013
• SES Astra
advisor
• First exhibition
(ESA)
$400k
seed
$850k
convertible note
$650k
convertible note
D-Orbit
established
D-Orbit
prototype
Test on
ground
New
production
facility
Launch
qualification
Validation in
space
D-SAT
mission
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
• ECSS Certified
labs (Italy,
Spain)
• Acceptance test
& Launch in orbit
• DNEPR, Russia
Mar. 2011 Jan. 2012 Jul. 2013 Nov. 2013 2014
• First satellite to be
removed in a safe
and controlled way
from space. All
produced in house
Apr. 2013
• 250m2 facility
• clean room
• engineering
design
Market &
Business
Model
Pre-
commercial
activities
Insurance
Business
Model
Commercial
activities
Letter of
Intent
ESA contract
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
• Main satellite
insurers in
Europe
• GEO satellite
operator
• Portuguese
subsidiary
established
• ITT ESA 7943
2011 Mar. 2012 Oct. 2013 May 2014Apr. 2013
• SES Astra
advisor
• First exhibition
(ESA)
Oct. 2014
$400k
seed
$850k
convertible note
$650k
convertible note
28. D-ORBIT ROADMAP
D-Orbit
established
• Patent filed
Mar. 2011
Market &
Business
Model
• Market
research
• Business plan
2011
$400k
seed
D-Orbit
established
D-Orbit
prototype
• Patent filed • Suppliers
defined
• Technical team
Mar. 2011
$400k
seed
D-Orbit
established
D-Orbit
prototype
Test on
ground
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
Mar. 2011 Jan. 2012
Market &
Business
Model
Pre-
commercial
activities
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
2011 Mar. 2012
$400k
seed
D-Orbit
established
D-Orbit
prototype
Test on
ground
New
production
facility
Launch
qualification
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
• ECSS Certified
labs (Italy,
Spain)
Mar. 2011 Jan. 2012 Jul. 2013Apr. 2013
• 250m2 facility
• clean room
• engineering
design
Market &
Business
Model
Pre-
commercial
activities
Insurance
Business
Model
Commercial
activities
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
• Main satellite
insurers in
Europe
2011 Mar. 2012 Oct. 2013Apr. 2013
• SES Astra
advisor
• First exhibition
(ESA)
$400k
seed
$850k
convertible note
D-Orbit
established
D-Orbit
prototype
Test on
ground
New
production
facility
Launch
qualification
Validation in
space
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
• ECSS Certified
labs (Italy,
Spain)
• Acceptance test
& Launch in orbit
• DNEPR, Russia
Mar. 2011 Jan. 2012 Jul. 2013 Nov. 2013Apr. 2013
• 250m2 facility
• clean room
• engineering
design
Market &
Business
Model
Pre-
commercial
activities
Insurance
Business
Model
Commercial
activities
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
• Main satellite
insurers in
Europe
2011 Mar. 2012 Oct. 2013Apr. 2013
• SES Astra
advisor
• First exhibition
(ESA)
$400k
seed
$850k
convertible note
D-Orbit
established
D-Orbit
prototype
Test on
ground
New
production
facility
Launch
qualification
Validation in
space
D-SAT
mission
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
• ECSS Certified
labs (Italy,
Spain)
• Acceptance test
& Launch in orbit
• DNEPR, Russia
Mar. 2011 Jan. 2012 Jul. 2013 Nov. 2013 2014
• First satellite to be
removed in a safe
and controlled way
from space. All
produced in house
Apr. 2013
• 250m2 facility
• clean room
• engineering
design
Market &
Business
Model
Pre-
commercial
activities
Insurance
Business
Model
Commercial
activities
Letter of
Intent
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
• Main satellite
insurers in
Europe
• GEO satellite
operator
• Portuguese
subsidiary
established
2011 Mar. 2012 Oct. 2013 May 2014Apr. 2013
• SES Astra
advisor
• First exhibition
(ESA)
$400k
seed
$850k
convertible note
$650k
convertible note
D-Orbit
established
D-Orbit
prototype
Test on
ground
New
production
facility
Launch
qualification
Validation in
space
D-SAT
mission
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
• ECSS Certified
labs (Italy,
Spain)
• Acceptance test
& Launch in orbit
• DNEPR, Russia
Mar. 2011 Jan. 2012 Jul. 2013 Nov. 2013 2014
• First satellite to be
removed in a safe
and controlled way
from space. All
produced in house
Apr. 2013
• 250m2 facility
• clean room
• engineering
design
Market &
Business
Model
Pre-
commercial
activities
Insurance
Business
Model
Commercial
activities
Letter of
Intent
ESA contract
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
• Main satellite
insurers in
Europe
• GEO satellite
operator
• Portuguese
subsidiary
established
• ITT ESA 7943
2011 Mar. 2012 Oct. 2013 May 2014Apr. 2013
• SES Astra
advisor
• First exhibition
(ESA)
Oct. 2014
$400k
seed
$850k
convertible note
$650k
convertible note
D-Orbit
established
D-Orbit
prototype
Test on
ground
New
production
facility
Launch
qualification
Validation in
space
D-SAT
mission
• Patent filed • Suppliers
defined
• Technical team
• Germany,
rocket motor
supplier
• Risk mitigation
activities
• ECSS Certified
labs (Italy,
Spain)
• Acceptance test
& Launch in orbit
• DNEPR, Russia
Mar. 2011 Jan. 2012 Jul. 2013 Nov. 2013 2014
• First satellite to be
removed in a safe
and controlled way
from space. All
produced in house
Apr. 2013
• 250m2 facility
• clean room
• engineering
design
Market &
Business
Model
Pre-
commercial
activities
Insurance
Business
Model
Commercial
activities
Letter of
Intent
ESA contract
NASA-CASIS
contract
• Market
research
• Business plan
• Market
validation
• U.S. Delaware
Inc. established
• Main satellite
insurers in
Europe
• GEO satellite
operator
• Portuguese
subsidiary
established
• ITT ESA 7943
2011 Mar. 2012 Oct. 2013 May 2014 Nov. 2014
• D-SAT mission
launch to ISS paid
in kind
Apr. 2013
• SES Astra
advisor
• First exhibition
(ESA)
Oct. 2014
$400k
seed
$850k
convertible note
$650k
convertible note
$1m tranche
Round A
30. D-ORBIT
• Established in 2011. Now 16 people
• Financial support by Italian Venture
Capital funds
• Raised about €2.5m by:
AWARDS
2014: MassChallenge finalist (100 selected among 51 nations)
2014: European Space Agency award at ESA Investment Forum
2013: Red Herring global winner (100 most innovative worldwide ventures)
2012: MIT Tech Review: among the 12 most Italian innovative companies
2012: MIT Portugal IEI finalist (award won: 100k€)
2012: Talento delle Idee Area Centro-Nord First Place
2011: Working Capital & “Premio Nazionale Innovazione” Finalist
2011: Mind The Bridge Business Plan Competition Finalist
2011: Bassetti Award: most responsible startup
2010: Rice Business Plan Competition Finalist
Lisboa, Portugal
Lomazzo, Italy
Sesto Fiorentino,
Italy
Los Angeles, CA
16
PEOPLE
31. D-Orbit production facility
• Mechanical workshop
• Space grade painting area
• R&D small tests area
• Electronic and electromechanical
production area
Engineering design area
Brainstorming and innovation area
ISO 5 – 100’000 class
CLEAN ROOM
Partnerhsip with
32. ADVISORY BOARD
SATELLITE
INTEGRATOR
FORMER OFFICER
THALES ALENIA
SPACE
Marco Pascucci
Pietro Guerrieri, Satellite Operator
CEO SES ASTRA ITALY
Franco Di Tolle,
Satellite
Manufacturing
FORMER OFFICER SPACE
SOFTWARE AND THALES ALENIA
SPACE
Eric Ezechieli
STRATEGY AND
SUSTAINABILITY
OFFICER THE
NATURAL STEP
INTERNATIONAL
Carlo Musso
EXIT STRATEGY
MANAGER
FINMECCANICA
Senior managers
Program managers
Quality assurance
Procurement