Exotrail is a French space company specializing in on-orbit transportation solutions for small satellites. They design, develop, and operate mobility solutions, including electric propulsion systems (ExoMG™), mission simulation and operation software (ExoOPS™), and orbital transfer vehicles (SpaceVan™). Their services aim to optimize satellite deployment, increase performance, and reduce space pollution. Exotrail has partnered with companies like Thales Alenia Space and Prométhée Earth Intelligence and receives support from CNES.
All verified mentions of this organization in source documents.
Exotrail signed two contracts with the European Space Agency for its smallsat electric propulsion technology.
Exotrail's second contract with the European Space Agency requires delivery of a propulsion system in 2021 followed by testing at the European Space Research and Technology Centre in the Netherlands.
Exotrail has two propulsion systems scheduled to launch next year on cubesats that Clyde Space is building for Eutelsat.
Exotrail raised 11,000,000 EUR in a Series A funding round on 2020-07-16.
The French space agency CNES awarded Exotrail a 100,000-euro contract to help fund the design phase for Space Van.
Exotrail has a propulsion system on a smallsat scheduled to launch on a SpaceX Falcon 9 late 2020 for an undisclosed customer.
Exotrail has a demonstration propulsion system on a NanoAvionics cubesat awaiting launch on an Indian PSLV mission that was delayed from November 2019.
Exotrail plans to expand its manufacturing capacity from roughly 10 propulsion systems per year to around 100 annually by 2022 or 2023.
Exotrail plans to use the new funding to further product development, increase manufacturing capabilities, and hire business development staff in Europe and in North America.
Exotrail hopes to launch its first in-space transportation system, dubbed Space Van, by 2024 to provide last-mile services for 10 or more nanosatellites after launcher separation.
Exotrail has raised a total of 17,000,000 EUR since forming in 2017.
Exotrail received a 1,550,000 EUR prize from BPIFrance for winning an Innovation Contest.
In 2017 CNES supported the creation of several French startups, including Unseenlabs and Exotrail.
Exotrail raised 3,500,000 EUR for small satellite propulsion and satellite propulsion software in 2017.
Exotrail raised most of the $4,100,000 from venture capital sources, combined with some public funding and bond conversion.
Exotrail’s development milestones include a flight demonstration, starting product deliveries in late 2019 or early 2020, and developing electric space propulsion software to expand its product range.
Exotrail secured $4,100,000 in funding to develop electric thruster technology and software for smallsats.
Exotrail launched a second office in Toulouse, France to support planned expansion.