Photo - Promin Aerospace
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Promin Aerospace

We build rockets!

Ukraine, Kiev region
Market: Mechanical engineering, Another
Stage of the project: Prototype or product is ready

Date of last change: 15.03.2022
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Idea

Promin Aerospace is here to make suborbital, orbital, and lunar missions faster, cheaper, and easier to help humanity move beyond our planet sooner and to improve the quality of life here on Earth.

Current Status

A working prototype of the engine. A team that knows how to deliver. Secured launch sites. Direct dialogue with future clients. Active support from UA and UK governments.

Problem or Opportunity

The world currently lacks access to rapid, flexible, regular suborbital launches. Almost every suborbital launcher is built either by a giant corporation or government. It means they are either too expensive, fly infrequent, can't be adapted, or any combination of said things.

Solution (product or service)

A class of rockets with flexible starting mass, which gives them the ability to perform dedicated launches for payloads of any mass, for both suborbital and orbital missions.

Competitors

Now there are different kinds of space rockets on the market. The closed to us is https://www.isaraerospace.com/ - they also do small rockets, but our rockets will be even smaller and technology itself is different.

Advantages or differentiators

Our technology makes it possible to implement some aspects
that are inaccessible for conventional rocketry:
* to develop the launch vehicles with the launch mass of several hundred
kilograms designed for the mass launch of pico-satellites weighing up to
hundreds of grams (similar to cell phones);
* to produce single-stage launch vehicles that burn up completely and thus do not pollute the Earth's surface;
* to launch satellites from the Ukrainian territory and territories of other
countries which don't have access to orbital launches as of right now;
to deploy cheap satellite systems with the cost of just 100 thousand dollars
per single satellite launch;
* to establish "the personal satellite" concept;
* to equip nano- and pico-satellites that are launched utilizing our rockets with propulsion systems for orbital maneuvers;
* to organize the production of autophagic rockets in small private enterprises and laboratories, as the production of modern small satellites is organized

Business model

We will operate through direct sales and brokerage agreements for launches. There will be one-time clients, multiple usage clients, and recurring yearly clients.

Money will be spent on

First, on hiring the best team of engineers, because the most important to us - is to build the team who will be able to deliver. When working in a high-end technology industry like Space your product is what matters first and the most. Only after the engineering team we have can't possibly be any better we'll start actively spending on PR, Sales, and so on.

Offer for investor

We offer 10% shares for 5 000 000 $

Team or Management

Incubation/Acceleration programs accomplishment

None

Won the competition and other awards

None

Photos

Photo 1 - We build rockets!
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video