The brief
- First publicly traded space servicing company; TSE IPO June 2024 at ~$632M valuation.
- ADRAS-J reached 15 m from 2009 rocket debris in December 2024; 360-degree fly-around completed.
- ADRAS-J2 (2027–28 active removal) and ELSA-M (2028+ multi-client debris service).
Technical approach
Non-contact proximity operations
Autonomous rendezvous and hover near targets without docking, using computer vision to map debris.
Mechanical grappling systems
Capture mechanism secures debris objects for controlled deorbiting operations.
Controlled atmospheric reentry
Captured debris lowered to lower orbits for safe atmospheric reentry burn-up.
