Closing Bell Manifest Space: Infrastructure as a Service with Loft Orbital COO Alex Greenberg 1/11/24
Jan 11, 2024
Alex Greenberg, Co-Founder & COO of Loft Orbital, discusses the company’s pioneering approach to space infrastructure as a service. He reveals how businesses can access space without hefty investment by leveraging Loft's satellites for virtual missions. The conversation dives into the shift towards modular satellite platforms and AI integration, facilitating real-time data collection. Alex also highlights the booming commercial demand for satellite services and Loft Orbital's impressive growth trajectory, aiming toward ambitious scaling and potential public listing.
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Space Infrastructure as a Service
- Loft Orbital offers Space Infrastructure as a Service, simplifying satellite deployment for customers.
- Customers can focus on their mission without managing hardware or launches.
Loft Orbital's Origin
- Alex Greenberg and co-founders, from their Spire experience, saw increasing demand but a flawed supply side in the space industry.
- They aimed to simplify satellite access for customers, focusing on their payloads.
Standardizing Satellite Production
- Loft Orbital standardizes satellite production, using pre-manufactured buses and building abstraction layers for plug-and-play payloads.
- Their 'Cockpit' software simplifies satellite operation, eliminating the need for specialized teams.