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8090 Industries led a $29m Series A round in Orbit Fab.

Financials

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Transaction Value£22m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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United States

tankers

space infrastructure

Aerospace

Acquisition

Minority

Private

Private Equity

Domestic

Venture Capital

Completed

Friendly

Synopsis

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8090 Industries led a $29m Series A round in Orbit Fab, a provider of on-orbit refueling services, with participation from Stride Capital, Industrious Ventures, Lockheed Martin Ventures, Tribe Capital, Good Growth Capital, and Massive Capital Partners. “Orbit Fab is the in-space refueling category-definer. We’ve invested in Orbit Fab because of their unique ability to capitalize on the growing demand for in-space servicing, and their strong positioning as a key provider of critical infrastructure to the entire space economy. Extended in-space assembly, manufacturing, rendezvous, and proximity operations simply aren’t possible without refueling, and Orbit Fab has fueling capabilities in space that enable a wide range of propellant inventories," Kerem Ozmen, 8090 Co-Founder and CEO.

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