ClearSpace SA

ClearSpace SA
Description: ClearSpace SA is a Swiss aerospace company specializing in on-orbit servicing and space debris removal. The company develops technologies to autonomously capture and manage space debris, aiming to ensure the long-term sustainability of space operations.
Vision:
To lead the aerospace industry in creating a sustainable orbital ecosystem through advanced debris removal technologies and services.
Mission:
To pioneer sustainable space exploration by providing innovative solutions for space debris removal and on-orbit servicing, ensuring a safer orbital environment for future generations.
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Funding:
  • Pre-Seed Funding: Apr 15, 2019, €0.64 million
  • Grant: Sep 13, 2024, €2,750 million
  • Series A Funding: Jan 19, 2023, €26.7 million
  • Dept Financing: Mar 17, 2020, €0.1 million
  • Seed Funding: Jun 30, 2021, €4.16 million
Total Funding: €30 million
Key Milestones:
  • 2019 : Selected by the European Space Agency (ESA) to lead the first mission to remove space debris, known as ClearSpace-1.
  • 2020 : Signed an €86 million contract with ESA for the ClearSpace-1 mission, targeting the removal of the VESPA payload adapter from orbit.
  • 2024 : Announced a change in mission target to the PROBA-1 satellite due to unforeseen circumstances.
  • 2023: Secured a launch agreement with Arianespace to deploy the ClearSpace-1 mission using a Vega-C rocket, scheduled for the second half of 2026.
Key People:
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Products & Services:
  • On-Orbit Servicing and Space Debris Removal: ClearSpace offers services to remove defunct satellites and other debris from orbit. Utilizing a spacecraft equipped with a four-armed capture mechanism, the company targets and captures unresponsive objects, guiding them to re-enter Earth's atmosphere for safe disposal.
  • ClearSpace-1: ESA-contracted debris removal mission targeting a Vega payload adapter. Launch expected 2026.TRL: ~6–7 (pre-integration phase)Differentiators: Robotic capture, autonomous rendezvous, ESA heritage
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