Space In-Orbit Refueling Market Key Players Analysis by BIS Research

1
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
S
P
A
C
E
I
N
-
O
R
B
I
T
R
E
F
U
E
L
I
N
G
M
A
R
K
E
T
Attribution: Please Provide Link of the Source.
Focus on Application, End User,
Capability, and Country
Analysis and Forecast: 2022-2032
August 2022
Space In-Orbit
Refueling Market
- A Global and
Regional Analysis
Table of Content
In-orbit refueling capabilities is driving
the growth of the in-orbit servicing
segment of the space industry

2
G
L
O
B
A
L
S
P
A
C
E
I
N
-
O
R
B
I
T
R
E
F
U
E
L
I
N
G
M
A
R
K
E
T
BIS Research is a leading market intelligence and technology research company. BIS Research publishes in-
depth market intelligence reports focusing on market estimations, technology analysis, emerging high-growth
applications, deeply segmented granular country-level market data, and other important market parameters
useful in strategic decision-making for senior management. BIS Research provides multi-client reports,
company profiles, databases, and custom research services.
Copyright © 2022 BIS Research Inc.
All Rights Reserved. This document contains highly confidential information and is the sole property of BIS
Research. Disclosing, copying, circulating, quoting, or otherwise reproducing any or all contents of this
document is strictly prohibited. Access to this information is provided exclusively for the benefit of the people
or organization concerned. It may not be accessed by or offered, whether for sale or otherwise, to any third
party.

3
G
L
O
B
A
L
S
P
A
C
E
I
N
-
O
R
B
I
T
R
E
F
U
E
L
I
N
G
M
A
R
K
E
T
Table of Content
Executive Summary..........................................................................17
1 Markets.....................................................................................23
1.1 Industry Outlook ............................................................................................. 24
Space In-Orbit Services: Overview ........................................................... 24
1.1.1.1 Life Extension ....................................................................................................24
1.1.1.2 De-Orbiting.........................................................................................................25
1.1.1.3 Satellite Inspection and Repair ..........................................................................25
1.1.1.4 Relocation ..........................................................................................................26
Emerging Technology Trends ................................................................... 26
1.1.2.1 Life Extension Vehicles......................................................................................27
1.1.2.2 Orbital Propellant Transfer Vehicles ..................................................................27
1.1.2.3 Bulk Fuel Depots................................................................................................27
1.1.2.4 Satellite Docking Systems..................................................................................28
Ongoing and Upcoming Program ............................................................. 29
1.1.3.1 Lockheed Martin’s Augmentation System Port Interface (ASPIN) Program ......29
1.1.3.2 Space Infrastructure Dexterous Robot (SPIDER) Program ...............................29
1.1.3.3 Robotic Servicing of Geosynchronous Satellites (RSGS) Program...................30
1.1.3.4 NASA’s Robotic Refueling Mission (RRM).........................................................30
1.1.3.5 ESA’s Esprit Program ........................................................................................31
1.1.3.6 Orbital Express Space Operations Architecture Program..................................32
Start-Up Landscape.................................................................................... 32
Patent Analysis........................................................................................... 35
1.2 Business Dynamics ........................................................................................ 41
Business Drivers ........................................................................................ 41
1.2.1.1 Increase in Demand for Sustainable and Reusable Space Systems.................41
1.2.1.2 Life Extension Services to Enable Other In-Orbit Services in Future.................42
Business Challenges.................................................................................. 42
1.2.2.1 High Operational Cost of Refueling ...................................................................42

4
G
L
O
B
A
L
S
P
A
C
E
I
N
-
O
R
B
I
T
R
E
F
U
E
L
I
N
G
M
A
R
K
E
T
1.2.2.2 Technical Challenges.........................................................................................43
1.2.2.2.1 Spacecraft Design Compatibility for Refueling Operations......................................43
1.2.2.2.2 Storage and Transfer of Cryogenic Propellants in Space........................................43
1.2.2.2.3 Interface and Docking ..............................................................................................44
1.2.2.3 Regulatory Challenges.......................................................................................45
Business Strategies ................................................................................... 45
1.2.3.1.1 Market Developments ..............................................................................................46
1.2.3.1.2 Product Developments.............................................................................................47
Corporate Strategies .................................................................................. 47
1.2.4.1.1 Contracts, Agreements, Partnerships, Collaborations, and Mergers.......................47
Business Opportunities ............................................................................. 48
1.2.5.1.1 Increase in Investments for Startups........................................................................48
1.2.5.1.2 Rise in Demand for In-Space Services ....................................................................49
1.2.5.1.3 Advancement of New Space Technologies for Storage, Refueling, and
Receiving Propellants..............................................................................................50
2 Application ................................................................................51
2.1 Global Space In-Orbit Refueling Market (by Application)............................ 52
Market Overview ......................................................................................... 52
2.1.1.1 Demand Analysis of the Global Space In-Orbit Refueling Market (by
Application) ........................................................................................................52
Earth Observation....................................................................................... 53
Communication........................................................................................... 54
Navigation ................................................................................................... 54
2.2 Global Space In-Orbit Refueling Market (by End User) ............................... 55
Market Overview ......................................................................................... 55
Commercial ................................................................................................. 55
2.2.2.1 Demand Analysis of the Global Space In-Orbit Refueling Market
(Commercial End User, by End User)................................................................55
Other End Users ......................................................................................... 56
3 Technology ................................................................................58

5
G
L
O
B
A
L
S
P
A
C
E
I
N
-
O
R
B
I
T
R
E
F
U
E
L
I
N
G
M
A
R
K
E
T
3.1 Global Space In-Orbit Refueling Market (by Capability).............................. 59
Market Overview ......................................................................................... 59
Propellant Transfer..................................................................................... 59
In-Orbit Rendezvous................................................................................... 60
In-Orbit Propellant Storage........................................................................ 60
4 Regions......................................................................................62
4.1 North America ................................................................................................. 65
Market .......................................................................................................... 65
4.1.1.1 Key Players in North America ............................................................................65
Application .................................................................................................. 66
4.1.2.1 North America Space In-Orbit Refueling Market................................................66
North America (by Country)....................................................................... 67
4.1.3.1 U.S. ....................................................................................................................67
4.1.3.1.1 Market.......................................................................................................................67
4.1.3.1.1.1 Key Players in the U.S......................................................................................67
4.1.3.1.2 Application................................................................................................................68
4.1.3.1.2.1 U.S. Space In-Orbit Refueling Market (Commercial End User, by End
User)........................................................................................................................68
4.1.3.2 Canada ..............................................................................................................68
4.1.3.2.1 Market.......................................................................................................................69
4.1.3.2.1.1 Key Players in Canada .....................................................................................69
4.1.3.2.2 Application................................................................................................................69
4.1.3.2.2.1 Canada Space In-Orbit Refueling Market (Commercial End User, by End
User)........................................................................................................................69
4.2 Europe.............................................................................................................. 71
Market .......................................................................................................... 71
4.2.1.1 Key Players in Europe .......................................................................................71
Application .................................................................................................. 72
4.2.2.1 Europe Space In-Orbit Refueling Market (Commercial End User, by End
User) ..................................................................................................................72

6
G
L
O
B
A
L
S
P
A
C
E
I
N
-
O
R
B
I
T
R
E
F
U
E
L
I
N
G
M
A
R
K
E
T
Europe (by Country) ................................................................................... 73
4.2.3.1 U.K. ....................................................................................................................73
4.2.3.1.1 Market.......................................................................................................................73
4.2.3.1.1.1 Key Players in the U.K......................................................................................73
4.2.3.1.2 Application................................................................................................................74
4.2.3.1.2.1 U.K. Space In-Orbit Refueling Market (Commercial End User, by End
User)........................................................................................................................74
4.2.3.2 France................................................................................................................74
4.2.3.2.1 Market.......................................................................................................................75
4.2.3.2.1.1 Key Players in France.......................................................................................75
4.2.3.2.2 Application................................................................................................................75
4.2.3.2.2.1 France Space In-Orbit Refueling Market (Commercial End User, by End
User)........................................................................................................................75
4.2.3.3 Germany ............................................................................................................76
4.2.3.3.1 Market.......................................................................................................................76
4.2.3.3.1.1 Key Players in Germany ...................................................................................76
4.2.3.4 Russia ................................................................................................................76
4.2.3.4.1 Market.......................................................................................................................77
4.2.3.4.1.1 Key Players in Russia .......................................................................................77
4.2.3.5 Rest-of-Europe...................................................................................................77
4.2.3.5.1 Market.......................................................................................................................77
4.2.3.5.1.1 Key Players in Rest-of-Europe..........................................................................77
4.3 Asia-Pacific...................................................................................................... 79
Market .......................................................................................................... 79
4.3.1.1 Key Players in Asia-Pacific ................................................................................79
Asia-Pacific (by Country) ........................................................................... 79
4.3.2.1 India ...................................................................................................................79
4.3.2.1.1 Market.......................................................................................................................80
4.3.2.1.1.1 Key Players in India ..........................................................................................80
4.3.2.2 Japan .................................................................................................................80

7
G
L
O
B
A
L
S
P
A
C
E
I
N
-
O
R
B
I
T
R
E
F
U
E
L
I
N
G
M
A
R
K
E
T
4.3.2.2.1 Market.......................................................................................................................80
4.3.2.2.1.1 Key Players in Japan ........................................................................................80
4.3.2.3 Rest-of-Asia-Pacific ...........................................................................................80
4.3.2.3.1 Market.......................................................................................................................81
4.3.2.3.1.1 Key Players in Rest-of-Asia-Pacific ..................................................................81
5 Markets - Competitive Benchmarking & Company Profiles.........82
5.1 Competitive Benchmarking............................................................................ 83
5.2 Company Profiles ........................................................................................... 85
Astroscale Holdings Inc............................................................................. 85
5.2.1.1 Company Overview............................................................................................85
5.2.1.1.1 Role of Astroscale Holdings Inc. in the Global Space In-Orbit Refueling Market
.................................................................................................................................85
5.2.1.1.2 Product Portfolio.......................................................................................................86
5.2.1.2 Business Strategies ...........................................................................................86
5.2.1.2.1 Business Expansion and Investments .....................................................................86
5.2.1.3 Corporate Strategies..........................................................................................87
5.2.1.3.1 Partnerships, Collaborations, Agreements, and Contracts......................................87
5.2.1.4 Analyst View ......................................................................................................88
Altius Space Machines, Inc........................................................................ 89
5.2.2.1.1 Role of Altius Space Machines, Inc. in the Global Space In-Orbit Refueling
Market......................................................................................................................89
5.2.2.2.1 Partnerships and Contracts......................................................................................90
5.2.2.3 Analyst View ......................................................................................................91
D-Orbit SpA ................................................................................................. 92
5.2.3.1.1 Role of D-Orbit SpA in the Global Space In-Orbit Refueling Market.....................92

8
G
L
O
B
A
L
S
P
A
C
E
I
N
-
O
R
B
I
T
R
E
F
U
E
L
I
N
G
M
A
R
K
E
T
5.2.3.2.1 Business Expansion.................................................................................................93
5.2.3.3.1 Partnerships .............................................................................................................94
5.2.3.4 Analyst View ......................................................................................................95
Lockheed Martin Corporation.................................................................... 96
5.2.4.1.1 Role of Lockheed Martin Corporation in the Global Space In-Orbit Refueling
Market......................................................................................................................96
5.2.4.2.1 Investments ..............................................................................................................97
5.2.4.3 Analyst View ......................................................................................................98
LMO Space .................................................................................................. 99
5.2.5.1.1 Role of LMO Space in the Global Space In-Orbit Refueling Market .....................99
5.2.5.1.2 Product Portfolio.....................................................................................................100
5.2.5.2 Business Strategies .........................................................................................100
5.2.5.2.1 Business Expansion...............................................................................................100
5.2.5.3 Corporate Strategies........................................................................................101
5.2.5.3.1 Partnerships ...........................................................................................................101
5.2.5.4 Analyst View ....................................................................................................101
Maxar Technologies Inc. .......................................................................... 102
5.2.6.1 Company Overview..........................................................................................102
5.2.6.1.1 Role of Maxar Technologies Inc. in the Global Space In-Orbit Refueling
Market....................................................................................................................102
5.2.6.2.1 Business Investments ............................................................................................103

9
G
L
O
B
A
L
S
P
A
C
E
I
N
-
O
R
B
I
T
R
E
F
U
E
L
I
N
G
M
A
R
K
E
T
5.2.6.3.1 Contracts ................................................................................................................104
5.2.6.4 Analyst View ....................................................................................................104
Momentus Space ...................................................................................... 105
5.2.7.1.1 Role of Momentus Space in the Global Space In-Orbit Refueling Market ..........105
5.2.7.2.1 Partnerships, Collaborations, Agreements, and Contracts....................................107
5.2.7.3 Analyst View ....................................................................................................107
Orbit Fab, Inc............................................................................................. 109
5.2.8.1.1 Role of Orbit Fab, Inc. in the Global Space In-Orbit Refueling Market ...............109
5.2.8.2.1 Investments ............................................................................................................111
5.2.8.3.1 Partnerships, Agreements, and Contracts .............................................................111
5.2.8.4 Analyst View ....................................................................................................112
Obruta Space Solutions ........................................................................... 114
5.2.9.1.1 Role of Obruta Space Solutions in the Global Space In-Orbit Refueling
Market....................................................................................................................114
5.2.9.2 Analyst View ....................................................................................................115
Orbit Recycling ......................................................................................... 116
5.2.10.1.1 Role of Orbit Recycling in the Global Space In-Orbit Refueling Market..............116
5.2.10.2 Analyst View ....................................................................................................117
SpaceX....................................................................................................... 118

10
G
L
O
B
A
L
S
P
A
C
E
I
N
-
O
R
B
I
T
R
E
F
U
E
L
I
N
G
M
A
R
K
E
T
5.2.11.1.1 Role of SpaceX in the Global Space In-Orbit Refueling Market..........................118
5.2.11.2.1 Investments ............................................................................................................119
5.2.11.3 Analyst View ....................................................................................................119
SpaceLogistics (a subsidiary of Northrop Grumman Corporation) ..... 121
5.2.12.1.1 Role of SpaceLogistics (A Subsidiary of Northrop Grumman Corporation) in
the Global Space In-Orbit Refueling Market..........................................................121
5.2.12.3 Analyst View ....................................................................................................123
Space Machines Company ...................................................................... 124
5.2.13.1.1 Role of Space Machines Company in the Global Space In-Orbit Refueling
Market....................................................................................................................124
5.2.13.2.1 Partnerships ...........................................................................................................125
5.2.13.3 Analyst View ....................................................................................................126
Starfish Space Inc..................................................................................... 127
5.2.14.1.1 Role of Starfish Space Inc. in the Global Space In-Orbit Refueling Market ........127
5.2.14.2.1 Investments ............................................................................................................128

11
G
L
O
B
A
L
S
P
A
C
E
I
N
-
O
R
B
I
T
R
E
F
U
E
L
I
N
G
M
A
R
K
E
T
5.2.14.4 Analyst View ....................................................................................................129
Tethers Unlimited, Inc. ............................................................................. 131
5.2.15.1.1 Role of Tethers Unlimited, Inc. in the Global Space In-Orbit Refueling Market.....131
5.2.15.2.1 Business Investments ............................................................................................132
5.2.15.3.1 Agreements ............................................................................................................133
5.2.15.4 Analyst View ....................................................................................................133
6 Growth Opportunities and Recommendations ..........................135
6.1 Space In-Orbit Refueling and Service Providers........................................ 136
Growth Opportunity: Increasing Production of Satellites..................... 136
6.1.1.1 Recommendations ...........................................................................................136
Growth Opportunity: Need for Enabling Solutions................................ 136
Growth Opportunity: Localized Space Situational Awareness............. 137
Growth Opportunity: Additional Revenue Sources ............................... 138
7 Research Methodology ............................................................139
7.1 Factors for Data Prediction and Modeling.................................................. 142

12
G
L
O
B
A
L
S
P
A
C
E
I
N
-
O
R
B
I
T
R
E
F
U
E
L
I
N
G
M
A
R
K
E
T
List of Figures
Figure 1: Global Space In-Orbit Refueling Market, Volume (Number of Satellites Expected for
Refueling), 2026 and 2032
Figure 2: Global Space In-Orbit Refueling Market, $Million, 2026 and 2032
Figure 3: Global Space In-Orbit Refueling Market (by Region), $Million, 2032
Figure 4: Global Space In-Orbit Refueling Market Coverage
Figure 5: Global Space In-Orbit Refueling Market: Business Dynamics
Figure 6: Share of Key Business Strategies and Developments, January 2019-June 2022
Figure 7: Share of Product Developments, January 2019-June 2022
Figure 8: Share of Contracts, Agreements, Partnerships, Collaborations, and Mergers, January 2019-
June 2022
Figure 9: Global Space In-Orbit Refueling Market (by Application)
Figure 10: Global Space In-Orbit Refueling Market (by End User)
Figure 11: Global Space In-Orbit Refueling Market (Commercial End User, by End User), $Million, 2021-
2032
Figure 12: Global Space In-Orbit Refueling Market (by Capability)
Figure 13: North America Space In-Orbit Refueling Market, Value ($Million), 2021-2032
Figure 14: U.S. Space In-Orbit Refueling Market (Commercial End User, by End User), Value ($Million),
2021-2032
Figure 15: Europe Space In-Orbit Refueling Market (Commercial End User, by End User), Value
($Million), 2021-2032
Figure 16: U.K. Space In-Orbit Refueling Market (Commercial End User, by End User), Value ($Million),
2021-2032
Figure 17: France Space In-Orbit Refueling Market (Commercial End User, by End User), Value
($Million), 2021-2032
Figure 18: Global Space In-Orbit Refueling Market: Competitive Benchmarking, 2021
Figure 19: Research Methodology
Figure 20: Bottom-Up Approach
Figure 21: Global Space In-Orbit Refueling Market: Influencing Factors
Figure 22: Assumptions and Limitations

13
G
L
O
B
A
L
S
P
A
C
E
I
N
-
O
R
B
I
T
R
E
F
U
E
L
I
N
G
M
A
R
K
E
T
List of Tables
Table 1: Fundings, 2020-2022
Table 2: Patent Analysis, 2012-2020
Table 3: Global Space In-Orbit Refueling Market (by Application), $Million, 2021-2032
Table 4: Earth Observation Satellite Applications
Table 5: Global Space In-Orbit Refueling Market (by Region), Value ($Million), 2021-2032
Table 6: Canada Space In-Orbit Refueling Market (Commercial End User, by End User), Value
($Million), 2021-2032
Table 7: Global Space In-Orbit Refueling Market: Competitive Benchmarking and Weightage
Parameters
Table 8: Astroscale Holdings Inc.: Product Portfolio
Table 9: Astroscale Holdings Inc.: Business Expansion and Investments
Table 10: Astroscale Holdings Inc.: Partnerships, Collaborations, Agreements, and Contracts
Table 11: Altius Space Machines, Inc.: Product Portfolio
Table 12: Altius Space Machines, Inc.: Partnerships and Contracts
Table 13: D-Orbit SpA: Product Portfolio
Table 14: D-Orbit SpA: Business Expansion
Table 15: D-Orbit SpA: Partnerships
Table 16: Lockheed Martin Corporation: Product Portfolio
Table 17: Lockheed Martin Corporation: Investments
Table 18: LMO Space: Product Portfolio
Table 19: LMO Space: Business Expansion
Table 20: LMO Space: Partnerships
Table 21: Maxar Technologies Inc.: Product Portfolio
Table 22: Maxar Technologies Inc.: Business Investments
Table 23: Maxar Technologies Inc.: Contracts
Table 24: Momentus Space: Product Portfolio
Table 25: Momentus Space: Partnerships, Collaborations, Agreements, and Contracts
Table 26: Orbit Fab, Inc.: Product Portfolio
Table 27: Orbit Fab, Inc.: Investments
Table 28: Orbit Fab, Inc.: Partnerships, Agreements, and Contracts

14
G
L
O
B
A
L
S
P
A
C
E
I
N
-
O
R
B
I
T
R
E
F
U
E
L
I
N
G
M
A
R
K
E
T
Table 29: Obruta Space Solutions: Product Portfolio
Table 30: SpaceX: Product Portfolio
Table 31: SpaceX: Investments
Table 32: SpaceLogistics (A Subsidiary of Northrop Grumman Corporation): Product Portfolio
Table 33: SpaceLogistics (A Subsidiary of Northrop Grumman Corporation): Partnerships,
Collaborations, Agreements, and Contracts
Table 34: Space Machines Company: Product Portfolio
Table 35: Space Machines Company: Partnerships
Table 36: Starfish Space Inc.: Product Portfolio
Table 37: Starfish Space Inc.: Investments
Table 38: Starfish Space Inc.: Partnerships, Collaborations, Agreements, and Contracts
Table 39: Tethers Unlimited, Inc.: Product Portfolio
Table 40: Tethers Unlimited, Inc.: Business Investments
Table 41: Tethers Unlimited, Inc.: Agreements

15
G
L
O
B
A
L
S
P
A
C
E
I
N
-
O
R
B
I
T
R
E
F
U
E
L
I
N
G
M
A
R
K
E
T
BIS Research Offerings:
We are on a mission to harness the potential of disruptive technologies to make businesses thrive in today’s
digital age. We have the vision to be a leading and preferred knowledge partner for corporates and institutions
worldwide and assist them with market intelligence in the area of emerging technologies, advisories, and other
innovative solutions.
Know More Know More
Know More
Know More

16
G
L
O
B
A
L
S
P
A
C
E
I
N
-
O
R
B
I
T
R
E
F
U
E
L
I
N
G
M
A
R
K
E
T
Disclaimer
BIS Research Inc. provides valuable market intelligence to an exclusive group of customers in response to
orders. The report is licensed for the customer's internal use only and is subject to restrictions set henceforth.
This document and its contents are confidential and may not be further distributed, published or reproduced,
in whole or in part, by any medium or in any form for any purpose, without the express written consent of BIS
Research Inc. Customer will not disclose the contents of the report, whether directly in any media or indirectly
through incorporation in a database, marketing list, report or otherwise, or use or permit the use of information
to generate any statistical or other information that is or will be provided to third parties; or voluntarily produce
information in legal proceedings.
Market reports are based on expectations, estimates, and projections as of the date such information is
available. Any recommendation contained in this report may not be suitable for all investors or businesses.
The market conclusions drawn are necessarily based upon a number of estimates and assumptions that, while
considered reasonable by BIS Research Inc. as of the date of such statements, are inherently subjected to
market fluctuations and business, economic and competitive uncertainties, and contingencies
For more details regarding permission, please contact us:
Email: sales@bisresearch.com
Tel: +1 510 404 8135

17
G
L
O
B
A
L
S
P
A
C
E
I
N
-
O
R
B
I
T
R
E
F
U
E
L
I
N
G
M
A
R
K
E
T
BIS RESEARCH INC.
39111 Paseo Padre PKWY, Suite 313 Fremont, CA 94538 -1686
E-mail: hello@bisresearch.com | Call Us: +1-510-404-8135
Global Delivery Center
Tower B First Floor, Tapasya Corporate Heights, Greater Noida Expressway,
Sector 126, Noida, U.P., 201303, India
Tel: +91 120 4261540 / 4261544

Space In-Orbit Refueling Market Key Players Analysis by BIS Research

Recommended

Recommended

More Related Content

More from BIS Research Inc.

More from BIS Research Inc. (20)

Space In-Orbit Refueling Market Key Players Analysis by BIS Research