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.
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NASA and Draper agreed to end the Commercial Lunar Payload Services CP-12 task order.
Lockheed Martin Ventures, MESH, PEAK6, Draper Associates, Starboard Star Venture Capital, Green Sands Equity, Seraph Group, and Trousdale Ventures participated in Venus Aerospace’s Series B round.
The investment consortium for the 2026 Orbital Edge Accelerator includes Stellar Ventures, E2MC, Cook Inlet Region, Inc., Context Ventures, Draper Associates, and Draper University.
The 2026 Orbital Edge Accelerator is partnered with Cook Inlet Region, Inc., E2MC, Stellar Ventures, Context Ventures, Draper Associates, and Draper University.
Ursa Major designed and built the Draper engine and its first all-up round.
Ispace, teamed with Draper, attempted a non-CLPS lunar landing in 2025.
Astrobotic and Draper did not attempt a lunar landing in 2025.
Team Draper will be responsible for lander design, manufacturing, and operational management of Mission 3.
Draper has a contract with NASA to provide commercial lunar payload services (CLPS) for transporting payloads to the moon.
ispace's Mission 3 may also be referred to as Draper Mission 1, with a planned launch after 2027.
NASA refers to Team Draper's lunar landing mission as 'Draper Mission 1'.
Team Draper is assigned to the CLPS task order 'CP-12', which involves a predetermined payload.
Mission 3, formally named 'Team Draper Commercial Mission 1', is scheduled for launch in 2017.
Ursa Major will deliver Draper engines and associated services under the contract.
The contract effort will accelerate the development, production, and deployment of Draper engines for critical national security applications in space.
Draper plans to land a spacecraft on the Moon’s farside in 2026, carrying 95 kilograms of NASA scientific instruments.
ispace raised $53.5 million through a stock sale in March 2024, with $47 million of that intended for the Draper-led CLPS mission.
Mehak Sarang is Director of Industry Integration at the Open Lunar Foundation and previously worked at ispace-US, a subsidiary of ispace Japan building a lunar lander with Draper for NASA’s CLPS program.
ispace cannot directly bid on NASA payloads but has a partnership with Draper for one CLPS mission.
The APEX 1.0 surface mission is designed to fulfill the Draper-led Commercial Lunar Payload Services Task Order CP-12 by delivering NASA payloads to the lunar surface for scientific investigations.