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Draper Associates

US

Draper Associates, founded by Tim Draper in 1985, is a venture capital firm that invests in early-stage technology companies with high potential, including those in the space industry. Their investments include SpaceX and Cognitive Space. They focus on companies with innovative approaches, strong network effects and are revolutionizing the space industry.

commercialFounded 1985
United States
www.draper.vc
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All verified mentions of this organization in source documents.

Ursa Major Technologies is developing the kerosene/HTP Draper engine with a thrust of 4,000 pounds-force (17.8 kilonewtons).

CapabilityGeneralValue 4.6Sep 30, 2024Isle of Wight aerospace: flying boats, rocket interceptors, hovercraft, and launch vehicles (part 2)

Ursa Major built a Draper-specific test stand with funding from the Air Force Research Laboratory under a contract awarded last year.

RelationshipsFinancialCapabilityValue 4.0May 30, 2024Ursa Major completes ground tests of new hypersonic rocket engine

ispace U.S. is developing the APEX 1.0 lander under a contract with Draper for a NASA Commercial Lunar Payload Services mission in 2026 designated M3 by ispace.

RelationshipsPlanValue 4.6May 11, 2024Lunar lander company ispace sees opportunities in Japan-U.S. Artemis agreement

The APEX 1.0 lunar lander is designed to support the Draper-led Commercial Lunar Payload Services Task Order CP-12 by delivering NASA payloads to the lunar surface for scientific investigations.

CapabilityRelationshipsPlanValue 4.0Apr 25, 2024ispace-U.S. Announces Official Launch of Data Relay Service Enabled by Two Relay Satellites

ispace-U.S. will contribute to the Draper-led Commercial Lunar Payload Services initiative to deliver payloads for scientific investigations to the far side of the Moon in 2026.

PlanRelationshipsValue 4.0Apr 10, 2024ispace-U.S. to use RTX’s Blue Canyon Technologies Spacecraft Bus for Lunar Far Side Communications Relay Satellites

About 7,100,000,000 JPY of the funds will go toward various elements of Mission 3, a lander being developed by ispace U.S. for Draper.

FinancialPlanCapabilityRelationshipsValue 4.6Mar 28, 2024Japanese lunar lander company ispace raises $53.5 million in stock sale

ispace has $55,000,000 earmarked for Mission 3 as its share of the CLPS award to Draper.

FinancialRelationshipsValue 4.0Mar 28, 2024Japanese lunar lander company ispace raises $53.5 million in stock sale

The Draper-led Commercial Lunar Payload Services initiative will land in the Schrödinger Basin near the Moon’s South Pole and is expected to launch in 2026.

PlanValue 4.0Mar 8, 2024ispace-US and Rhea Space Activity Sign Payload Services Agreement Aimed at Expanding Deep Space Technological Capabilities

Rhea Space Activity’s JAM modules will be flown in conjunction with ispace-U.S.’s contribution to the Draper-led Commercial Lunar Payload Services initiative to deliver Artemis science investigations to the far side of the Moon in 2026.

PlanRelationshipsGeneralValue 4.4Mar 8, 2024ispace-US and Rhea Space Activity Sign Payload Services Agreement Aimed at Expanding Deep Space Technological Capabilities

The Draper-led lunar lander mission will carry the APEX 1.0 lander that ispace U.S. will design and operate to the far side of the Moon as part of NASA’s Commercial Lunar Payload Services (CLPS) program.

PlanRelationshipsCapabilityValue 4.0Mar 6, 2024Rhea Space Activity to fly navigation payloads on lunar lander mission

Rhea Space Activity will fly two Jervis Autonomy Module (JAM) units on a Draper-led lunar lander mission scheduled to launch in 2026.

PlanCapabilityValue 4.2Mar 6, 2024Rhea Space Activity to fly navigation payloads on lunar lander mission

ispace U.S. is developing the APEX 1.0 lander for Mission 3 as a member of Team Draper for NASA’s Commercial Lunar Payload Services program.

RelationshipsPlanValue 4.5Jan 1, 2024New Year Statement of Takeshi Hakamada, Founder & CEO of ispace, inc.

Ursa Major developed Draper, a storable liquid engine designed to defend against hypersonic weapons.

CapabilityGeneralValue 4.0Dec 1, 2023Ursa Major Raises $138 Million for Launching Solid Rocket Motor Line

APEX 1.0 is being used for a NASA Commercial Lunar Payload Services (CLPS) mission led by Draper.

CapabilityRelationshipsValue 3.8Oct 24, 2023Japanese government grant to support work on new ispace lunar lander

The first APEX 1.0 lander for the Draper CLPS mission is designated Mission 3 by ispace and is slated to launch in 2026.

PlanGeneralValue 4.0Oct 24, 2023Japanese government grant to support work on new ispace lunar lander

NASA has pushed back the launch of Draper’s CLPS mission from 2025 to 2026 due to redesign efforts.

PlanGeneralValue 4.0Oct 16, 2023Commercial lunar landers prepare for liftoff

Draper is leading a team that includes ispace US, which is designing a new lunar lander called APEX 1.0.

CapabilityRelationshipsValue 4.0Oct 16, 2023Commercial lunar landers prepare for liftoff

The Draper-led NASA Commercial Lunar Payload Services mission known to ispace as Mission 3 and to NASA as CP-12 was originally projected to launch in 2025 and has slipped to 2026 because of the lander redesign.

PlanGeneralValue 4.0Sep 29, 2023Ispace revises design of lunar lander for NASA CLPS mission

ispace – U.S. joined Team Draper in 2022 as the lunar lander design agent to deliver NASA-sponsored science and commercial payloads to the Moon’s far side under the CLPS program (CP-12 mission).

RelationshipsPlanValue 4.0Sep 28, 2023ispace - U.S. Announces new U.S. Headquarters, Unveils APEX 1.0 Lunar Lander, Provides Updates on Mission 3

Ursa Major will build a dedicated test stand for the Draper engine and plans to hotfire the engine within 12 months.

PlanCapabilityValue 4.0May 24, 2023Ursa Major to Provide Hypersonics and Space Launch Capabilities for Air Force Research Laboratory
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