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Hudson Space Systems
Research in the Final Frontier, for everyone.
Hoboken, NJ
Technology
Hudson Space Systems is the first-ever full-stack Microgravity as a Service™ (MaaS™) research and manufacturing solution. We’re launching accessible, affordable, and customized microgravity flights to advance the future of science, business, and technology. The Company is pre-revenue and is currently in the R&D stage of testing prototypes.
$0.00
raised
$172,800
previously crowdfunded
0
Investors
$12.6M
Valuation
$1.15
Price per Share
$249.55
Min. Investment
Common
Shares Offered
Equity
Offering Type
$3.5M
Offering Max
0
Days Left
This offering ended on February 16, 2022 and is no longer accepting investments.
Reasons to Invest
Demand Is Increasing - Space is a rapidly growing market, with hundreds of companies looking for innovative services and resources every year. Hudson Space Systems is building a critical piece of infrastructure for that market.
Our Team Means Business - The stellar team behind our initiative is made up of rocket scientists, and astrophiles alike, with a track record of committed customers, partners, investors, prototypes, and successful tests.
Innovation in the Fast Lane - Multinational corporations have already learned that researching in microgravity accelerates their time to market and fuels innovation. This growth applies to many engineered materials that make big-tech level impacts down here on earth, from semiconductors and fiber optics to drug development and cell cultures. We will be the easiest way for researchers and companies to pursue this advantage.
Overview
First MaaSTM in Flight
The goal of our service is to bring ease and convenience to the realm of microgravity research by offering low-cost flights, streamlined payload integration, and reusable launch vehicles: Microgravity as a ServiceTM (MaaSTM). Innovation is being unlocked every day in space by pharmaceutical companies, physicists, biologists, and manufacturers - to name a few. We aim to provide customers with a fresh alternative option for microgravity usage, offering them a platform to manufacture products based on their microgravity research.
The Market
Go for Launch
There are a number of rapidly expanding markets in the realm of space research and production, and these markets are growing at a rate of 16% annually with an anticipated market value of $739 billion by the year 2030.
With MaaSTM, we plan to make it easy for all terrestrial markets to access microgravity, which increases our total addressable market. Other players in the industry have established themselves (ie: SpaceX, RocketLab) but lack our secret weapon - an E2E full-stack vertically integrated operation. Our closest competitors don't provide all the pieces of the puzzle you need to research in space, but Hudson Space Systems aims to - it's what will set us apart from the rest.
Hudson Space Systems has successfully raised $440,000 in our pre-seed round. We are currently using this capital to further develop our prototype vehicle, refine our engine tech, develop our payload system, build infrastructure, and advance outreach.
We currently have six letters of intent (reserving 130% of our first customer-carrying launch), 7 letters of support from major institutions and companies, and three major strategic partners: SLM Solutions, Infinite Composite Technologies, and Space Commerce Matters.
THE PROBLEM
It's Complicated
In recent years, only major scientific and technological institutions have been able to conduct limited microgravity research because of the following factors that restrict competition:
Inconvenience - The average amount of time it takes to launch a payload is 1.5 years. Supply hasn't been able to keep up with recent demand, further lengthening wait times.
High Cost - Microgravity flights are expensive, especially for customers only interested in Light Launches (small-lift vehicle vs medium-lift or heavy-lift vehicles). *
Complicated Process - Customers have to go through multiple providers and complete extensive rounds of regulatory paperwork to secure their flight.
Too Constricted - Current providers (like the International Space Station National Lab) can’t keep up with changing tech and have over-constrained resources available, at best.
*Light Launches refers to small-lift launch vehicles, capable of launching less tonnage to low-Earth orbit (LEO) than medium-lift and heavy-lift launch vehicles. Some Heavy Launch providers also require a minimum mass to launch, which some customers just can't build or don't need.
Sources: Yumpu, TechCrunch, Relativity Space, NASA, WCCF Tech, CSIS
THE SOLUTION
Microgravity as a ServiceTM
Hudson Space Systems is a one-stop-shop for microgravity access. We’re turning a process traditionally filled with complexities into something as simple as booking a flight. Benefits of our system include but are not limited to:
- Schedule: No more waitlist; our fleet is ready when you are
- Payload Integration: Fly our mission-specific and customizable capsules
- Launch: Custom flight profiles to fit your needs (both short and orbital options)
- Learn/Make: Quick recovery and turn-around for optimal experimentation
- Iterate: Customer-focused and reusable fleets make iteration fast and affordable
In addition to a simplified procedure, our MaaSTM vertically integrated system will save our customers money and time with:
- All-Encompassing UX: Schedule your launch, communicate with the team, view your flight profile and more
- Reusable Launch Systems: Simple system with rapid re-launch abilities
- Better Hosted Payloads: Pre-built modules with configurable flight options
- Custom Integration: We handle the engineering
Hudson Space Systems is pre-revenue and on track for our first launch. We profit when we sell space onboard our launch vehicles to scientists and manufacturers.
Our current anticipated price structure is as follows:
- $9,500 per kilogram of payload ($/kg) for our low-capacity, low-range suborbital offering
- $12,000/kg on our high-altitude suborbital model
- $25,000+/kg for the VLEO (very low earth orbit) flyer
Revenue will help fund launch pad services, fuel, personnel, and vehicle refurbishment fees. Additional profit will be set aside to support other areas of business operations. As launch frequency increases, we expect our gross margin to rise from 10% to 70%.
WHY INVEST
All Systems Go
Microgravity as a ServiceTM will accelerate innovation beyond what is available on Earth by bringing ease and affordability to microgravity research and manufacturing.
We believe we have a first-mover advantage in this space and envision a fleet of vehicles providing MaaSTM at scale, as well as a suite of services that makes access meaningful.
Our upcoming milestones correlate directly to our fleet of vehicles, with developments on deck such as advancing our payload bays, increasing the reusability of our vehicles, and offering customers their choice of launch location.
Join us in a new type of space race by investing in Hudson Space Systems and the future of science and technology!
THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.
In the Press
Tremendous
This Hoboken-Based Rocket Company Could Revolutionize Space
Kingscrowd
Nathan Tahbaz of Hudson Space Systems Talks Microgravity
NewSpace NYC
Science, in Space!
Offering Summary
Company | : | C P Rocketry Inc. |
Corporate Address | : | 1400 Adams St, Hoboken, NJ 07030 |
Offering Minimum | : | $9,999.25 |
Offering Maximum | : | $3,499,999.70 |
Minimum Investment Amount(per investor) | : | $249.55 |
Terms
Offering Type | : | Equity |
Security Name | : | Class B Non-Voting Common Stock |
Minimum Number of Shares Offered | : | 8,695 |
Maximum Number of Shares Offered | : | 3,043,478 |
Price per Share | : | $1.15 |
Pre-Money Valuation | : | $12,639,032.45 |
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Company Perks*
Early Bird
Friends and Family - First 72 hours | 15% bonus shares
Super Early Bird - Next 72 hours | 10% bonus
Early Bird Bonus - Next 7 days | 5% bonus shares
Volume
Perk 1: $500
Limited Edition Hudson Space Systems Tee
Our talented graphics team is whipping up a special design, just for StartEngine investors!
Perk 2: $5,000
Go to Space!
Well…. technically. Your name will be emblazoned on one of our first-generation launch vehicles, and if all goes well your name will travel to space!
Perk 1
Perk 3: $10,000
5% Bonus Shares
Hudson Space Hoodie
The startup hoodie is a rare commodity. So far, these ultra-soft zip-ups have only been bestowed upon our core team. Don one and join us!
Perk 1 & Perk 2
Perk 4: $20,000
10% Bonus Shares
Loop Quantum Model
Hold a piece of our history in your hand! Each model of our orbital manufacturing platform is hand-made by the team. The model is supported by a section of aerospace-grade stainless steel, recycled from our first launch vehicle prototype.
Perk 1, Perk 2, & Perk 3
Perk 5: $50,000
Launch Invite
15% Bonus Shares
Join the team for a launch! Live and in-person, it’s an unforgettable experience. This is your chance to join the team and be a part of our core mission, sending science to space!
Perk 1, Perk 2, Perk 3, & Perk 4
*All perks occur when the offering is completed.
The 10% StartEngine Owners' Bonus
Hudson Space Systems will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.
This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Class B Non-Voting Common Stock at $1.15 / share, you will receive 110 shares of Class B Non-Voting Common Stock, meaning you'll own 110 shares for $115. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.
This 10% Bonus is only valid during the investors' eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
Irregular Use of Proceeds
The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments. Any expense labeled “Travel and Entertainment”.
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Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$41,425.00
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$0.00
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Cash And Cash Equivalents
$22,007.00
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$0.00
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Accounts Receivable
$0.00
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$0.00
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Short Term Debt
$500.00
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$0.00
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Long Term Debt
$0.00
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$0.00
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Revenues And Sales
$0.00
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$0.00
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Costs Of Goods Sold
$0.00
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$0.00
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Taxes Paid
$950.00
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$0.00
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Net Income
-$63,307.00
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$0.00
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Risks
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
Updates
We are terminating our offering
5 months agoWe want to thank all our investors for the incredible support of our offering! Unfortunately, we have decided to move forward with terminating our offering. Stay tuned for an email from StartEngine which will provide more information on the cancellation and expected refunds. Please follow us on Twitter, Instagram, and LinkedIn to stay up to date on all things Hudson Space Systems.
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