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Mon, Aug 11, 2014

Millennium Space Systems Launches Initial Commercial Program

Bootstrap Initiative Will Give Selected Government And Commercial Partners Immediate And Affordable Access To Space

Millennium Space Systems, a leader in development of affordable high-performance spacecraft, has unveiled the first round of its commercial Bootstrap initiative.  Under Bootstrap, Millennium will competitively select partners for an initial OEM production run of six Altair spacecraft. Selected partners will see their missions launched within a year at a fraction of the cost of traditional programs. Bootstrap offers a streamlined and straightforward acquisition package to help entrepreneurs launch space businesses, leveraging over a decade of Millennium's experience developing space systems for demanding DOD, Intelligence Community, and Civil Space customers.

Millennium is already preparing the initial production of six Altair-E1 spacecraft, eliminating long-lead procurement and manufacturing roadblocks.  Other elements offered to Bootstrap partners include turn-key payloads, ground segments, mission planning & operations, launch, and even collaborative office or manufacturing space.

Vince Deno, President of Millennium Space commented, "Bootstrap helps you launch your space business by radically lowering the barriers to entry, allowing Venture Capital or Angel backed entrepreneurs to bring new space-based services to market quickly. Commercial and Government space leaders are strongly advocating for privatized space services, and Bootstrap allows constellations to be delivered rapidly and affordably. We will deliver constellations in orbit for between $1M and $5M per satellite in under a year."  Dr. Jeffrey Ward, Vice President of Product Development added, "For missions demanding more power, volume and precision than CubeSats deliver, Altair is the ideal solution. We are ready with all of the proven technology, infrastructure, resources and facilities necessary to 'bootstrap' entrepreneurs and address emergent customer needs."

The company is soliciting one-page proposals demonstrating technical maturity and financial commitment from prospective Bootstrap partners.

FMI: www.millennium-space.com/bootstrap

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