Small Satellite Conference 2019 Proceedings
Measurement Error Analysis of Impulsive Thrust from a Closed Radio-Frequency Cavity in Vacuum
Get rewarded for investing more into Prime Lightworks:
Photo from NASA. Our product is currently still in prototype stage.
"When I read that NASA was testing a microwave space propulsion system that would require no fuel, I founded Prime Lightworks to investigate and commercialize this breakthrough technology. We now have patent pending and a functional prototype in vacuum testing, and we are raising our next round of funding to continue our proof-of-concept prototype vacuum tests and launch our space demonstration mission."
Satellite technologies have numerous global applications: telecommunications, GPS, intelligence, and Earth imaging for weather and climate analysis. However, many current satellite propulsion systems use toxic fuel that costs up to $50K per kg to launch into orbit and creates waste in the form of space debris. We believe our product will solve the problem of space propulsion for satellites and spacecraft, using a solar-powered radio amplifier and microwave cavity to replace fuel-based propulsion systems.
Photo from NASA. Our product is currently still in prototype stage.
Prime Lightworks is developing renewable CubeSat electric propulsion systems which, if proven feasible, could increase spacecraft lifespan and reliability, eliminate spacecraft fuel emissions, and drastically reduce launch vehicle size and fuel emissions. Our RF-based propulsion system is patent-pending, and if we succeed in our prototype test campaign with thrust measurements in a vacuum, this could scale to support all satellite mission architectures.
Prime Lightworks solution could offer:
Our potential customers are satellite manufacturers who purchase high delta-velocity (delta-v) propulsion systems for mission integration
Hardware manufacturing of satellites is over $15B per year market
Global satellite industry is over $260B per year market
Satellite manufacturers are expected to purchase $630M of propulsion systems per year by 2024
We've filed our US and PCT patent applications for electromagnetic thrusters on February 8, 2019
We're operating 2,200 square foot facility in Torrance, CA + Greentown Labs prototyping space
We’re trying something new. Our electric propulsion systems would work by concentrating electromagnetic field strength and radiation pressure on the large end surface of our radio frequency (RF) cavity resonator. We need your support to continue our vacuum testing and produce thrust measurements proving feasibility of our fully renewable, zero fuel, spacecraft electric propulsion.
Prototype CubeSat Electric Propulsion System:
We will offer direct contract sales of patent-pending RF resonant cavity propulsion systems and power electronics hardware. We need your investment to continue our proof-of-concept prototype vacuum tests. Our goal is to prove that space propulsion can be done using RF electronics hardware that is more renewable and cost-effective than chemical rockets or existing electric propulsion. Use of RF architecture for propulsion applications has enormous potential to support growth opportunities in RF telecommunications markets based on small satellite orbital constellations.
While other space propulsion technologies consume fuel, ours uses renewable solar power. With zero fuel, we aim to provide a lighter and more reliable propulsion system that is less expensive to manufacture and launch, with renewable delta-velocity (delta-v) for unlimited orbital maneuvering.
Prime Lightworks aims to reduce aerospace industry fuel emissions by eliminating satellite fuel mass and reducing launch vehicle fuel consumption.
We believe in a sustainable future where air and space transportation are fully renewable with zero carbon footprint.
Photo from NASA. Our product is currently still in prototype stage.
Our Founder & CEO, Kyle Flanagan, has eons of experience from Harvard, CERN, Caltech/JPL, and SpaceX, having been entrenched in this world for years. He started engineering at SpaceX when RF designer, Peter Dohm, was moving beyond SpaceX to Millennium Space Systems. Along with other team members, their shared knowledge and experience is vast and their vision is uncompromising. This undertaking is the natural next step for them.
#forbes #30under30 #science
#renewable #solar #newspace
#primelightworks
It’s our mission to eliminate wasteful and toxic fuel from the space industry, with renewable propulsion that enables interplanetary space exploration. We’re launching into a growing electric propulsion market with a product that could open up the cosmos while protecting our environment. Join us!
This data is publicly available pursuant to 15 C.F.R. §734.7(a)(4) and is therefore not subject to the U.S. Export Administration Regulations.
Photo from NASA. Our product is currently still in prototype stage.
Measurement Error Analysis of Impulsive Thrust from a Closed Radio-Frequency Cavity in Vacuum
Emerging Technology: Prime Lightworks Inc. makes breakthrough electric propulsion systems for space satellites, with the goal to eliminate fuel emissions from aerospace propulsion, while drastically reducing cost and waste.
Company | : | Prime Lightworks Inc. |
Corporate Address | : | 2909 Oregon Ct Ste C12, Torrance, CA 90503 |
Offering Minimum | : | $9,999.24 |
Offering Maximum | : | $1,069,999.02 |
Minimum Investment Amount(per investor) | : | $199.82 |
Offering Type | : | Equity |
Security Name | : | Common Stock |
Minimum Number of Shares Offered | : | 4,854 |
Maximum Number of Shares Offered | : | 519,417 |
Price per Share | : | $2.06 |
Pre-Money Valuation | : | $10,192,847.04 |
*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.
Early Bird
First 48 hours - Friends and Family Early Birds | 10% bonus shares
Next 5 days - Early Bird Bonus | 5% bonus shares
Volume
$500+ (Tier 1 perk) | Stickers w/ Company Logo
$1,000 (Tier 2 perk) | T-Shirt w/ Company Logo
$2,500+ (Tier 3 perk) | USB Drive w/ Company Logo
$5,000+ (5% bonus shares) | Name Etched on Prototype
$20,000+ (10% bonus shares) | Visit to HQ in Torrance, CA
*All perks offcur after the offering is completed
The 10% Bonus for StartEngine Shareholders
Prime Lightworks Inc. 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 Common Stock at $2.06 per share, you will receive 110 Common Stock shares, meaning you'll own 110 shares for $206. 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 cancelled or fail.
Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.
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.
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Prime Lightworks has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Prime Lightworks be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
Dear Investors of Prime Lightworks,
I am pleased to report we are building up excellent momentum fundraising through the first month of 2021. With your incredible support, in the last two weeks of January we have raised another $100K to bring our total over $750K fundraising on StartEngine!
We are making substantial progress with prototype hardware development on our way to resuming test measurements in vacuum of our RF resonant cavity thruster prototype this Q1 2021. We have completed design review of two new brackets to mount updated RF electronics, including tracking generator and signal analyzer, which will enable improved resonant frequency analysis during testing. Our next step is to machine these new brackets and integrate them with our prototype RF electronics.
Stay tuned for more updates this quarter about progress with our prototype hardware development and patent pending with the USPTO! Please share our campaign with your network and consider reinvesting as we approach our goal of $1.07M Regulation Crowdfunding!
Best regards,
Kyle Flanagan
Founder & CEO
Prime Lightworks
Prime Lightworks makes breakthrough electric propulsion systems for space satellites that are solar powered, fully renewable, and consume zero fuel. Our goal is to enable interplanetary space travel — while eliminating emissions, cost and waste from aerospace propulsion.
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Prime Lightworks has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Prime Lightworks be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
[The following is an automated notice from the StartEngine team].
Hello! Recently, a change was made to the Prime Lightworks offering. Here's an excerpt describing the specifics of the change:
Prime Lightworks Inc. is extending their campaign by 90 days.
When live offerings undergo changes like these on StartEngine, the SEC requires that certain investments be reconfirmed. If your investment requires reconfirmation, you will be contacted by StartEngine via email with further instructions.
Dear Investors of Prime Lightworks,
I am excited to announce that our Regulation Crowdfunding (Reg CF) campaign is off to an excellent start in 2021! Since we exceeded $500K fundraising on StartEngine in 2020, over the first two weeks of January we have raised over $100K more to bring our total over $650K fundraising on StartEngine!
Thank you all so much for all your support. Your investments allowed us to navigate 2020, and put us in excellent position with potential to enable prototype testing and achieve patent issuance in 2021. Please share our campaign with your network and consider reinvesting as we approach our goal of $1.07M Regulation Crowdfunding!
Best regards,
Kyle Flanagan
Founder & CEO
Prime Lightworks
Prime Lightworks makes breakthrough electric propulsion systems for space satellites that are solar powered, fully renewable, and consume zero fuel. Our goal is to enable interplanetary space travel — while eliminating emissions, cost and waste from aerospace propulsion.
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Prime Lightworks has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Prime Lightworks be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
Dear Investors of Prime Lightworks,
Hope this message finds you healthy and enjoying the Happy New Year! While 2020 has been a challenging year for everyone, we are fortunate that Prime Lightworks has managed a great deal of success all around (5 years since founding!), and our prospects are bright looking forward to 2021!
With your support, we now have exceeded $500K raised on StartEngine! Thank you very much for believing in our company mission and technology development and for helping us reach this major milestone. You can rest assured knowing we are hard at work developing the next generation of fully renewable space propulsion technology.
As mentioned in a previous update, we recently submitted response to our USPTO patent examiner for our patent pending, as we continue working toward patent issuance for our radio frequency (RF) resonant cavity thruster device and method of operation.
With regards to our RF cavity thruster prototype development, we overcame a major obstacle with our electronics rebuild to improve our resonance frequency feedback loop. Since we now have software working to control our new prototype electronics components, we are proceeding with rebuilding our prototype electronics enclosure with the goal of resuming test measurements in Q1 2021.
We have generated some excellent momentum with our fundraising campaign these past few weeks. Make sure to stay tuned for more updates soon. Please share our campaign with your network and consider reinvesting as we approach our goal of $1.07M Regulation Crowdfunding!
Wishing everyone health and wellness, happiness and prosperity in the New Year!
Best regards,
Kyle Flanagan
Founder & CEO
Prime Lightworks
Prime Lightworks makes breakthrough electric propulsion systems for space satellites that are solar powered, fully renewable, and consume zero fuel. Our goal is to enable interplanetary space travel — while eliminating emissions, cost and waste from aerospace propulsion.
Dear Investors of Prime Lightworks,
Since launching our Regulation Crowdfunding campaign one year ago, Prime Lightworks has raised over $475K from over 950 investors on StartEngine! Thank you for your incredible support!
The funds raised in this offering are being used for intellectual property and patent pending expenses, prototype hardware development and test equipment, payroll and overhead supporting research and development of radio frequency (RF) resonant cavity thruster technology for CubeSat propulsion. Our mission is to eliminate consumption of fossil fuel in favor of fully renewable aerospace propulsion.
Regarding our patent pending with the USPTO, we received our first office action from our assigned patent examiner earlier this year on May 26, 2020. We submitted a response to that office action to our USPTO patent examiner within the required 6-months on November 25, 2020. We expect to hear back from our USPTO patent examiner and aim to achieve USPTO patent issuance within 6-months.
With the end of 2020 fast approaching, we are asking for your help to get over $500K invested before the New Year. Please share our campaign page with your network and consider reinvesting!
Best regards,
Kyle Flanagan
Founder & CEO
Prime Lightworks
Prime Lightworks makes breakthrough electric propulsion systems for space satellites that are solar powered, fully renewable, and consume zero fuel. Our goal is to enable interplanetary space travel — while eliminating emissions, cost and waste from aerospace propulsion.
Dear Investors of Prime Lightworks,
With the holidays upon us, we at Prime Lightworks wish everyone a Happy Thanksgiving! We are especially thankful for all of our StartEngine Reg CF investors. You have made it possible for our company to continue thriving in 2020. We sincerely appreciate all of your questions, feedback, and insight over the past year, and look forward to continued success as 2020 ends and 2021 begins!
Stay tuned for more updates this December about progress on our patent pending with the USPTO!
Best regards,
Kyle Flanagan
Founder & CEO
Prime Lightworks
Prime Lightworks makes breakthrough electric propulsion systems for space satellites that are solar powered, fully renewable, and consume zero fuel. Our goal is to enable interplanetary space travel — while eliminating emissions, cost and waste from aerospace propulsion.
[The following is an automated notice from the StartEngine team].
Hello!
As you might know, Prime Lightworks has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Prime Lightworks be on the lookout for an email that describes more about the disbursement process.
This campaign will continue to accept investments until its indicated closing date.
Thanks for funding the future.
-StartEngine
Comments ({{profileCtrl.startup.comments_count}} total)
{{ profileCtrl.commentsLoading ? 'Loading...' : 'Show More Comments' }}