Payloadspace.com

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Overview & More information

Payloadspace was founded by inventor and entrepreneur Olga Khazan and was based in Washington, DC. The company was focused on the creation of a reusable suborbital rocket that would be able to launch small satellites into orbit. Payloadspace's ultimate goal was to make space more accessible and affordable, and to enable more people to conduct research and exploration in space.



Payloadspace's suborbital rocket was designed to be launched from a variety of locations, including land, sea, and air. The rocket was powered by a proprietary hybrid propulsion system that used a combination of liquid oxygen and a solid fuel. This system was designed to be more efficient and environmentally friendly than traditional rocket fuels.



Payloadspace's suborbital rocket was also designed to be reusable, which would have significantly reduced the cost of launching small satellites into orbit. The rocket was designed to be able to fly up to 10 times before needing to be refurbished.



Payloadspace had a team of experienced engineers and scientists who were working to develop the suborbital rocket. The company had also raised significant funding from investors, including venture capitalists and government grants.



Payloadspace was a promising company with the potential to revolutionize the way that small satellites are launched into orbit. However, the company faced a number of challenges, including technical difficulties and regulatory hurdles. In 2019, Payloadspace announced that it would be shutting down operations.

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