Millennium Space Systems Launches First Round of Commercial Bootstrap Initiative

Aug. 4, 2014

Millennium Space Systems unveiled the first round of its commercial Bootstrap™ initiative.  Under Bootstrap™, Millennium will competitively select partners for an initial OEM production run of six ALTAIR™ spacecraft. Selected partners will see their missions launched within a year at a fraction of the cost of traditional programs. Bootstrap™ offers a streamlined and straightforward acquisition package to help entrepreneurs launch space businesses, leveraging over a decade of Millennium's experience developing space systems for demanding DOD, Intelligence Community, and Civil Space customers.

Millennium is already preparing the initial production of six ALTAIR™-E1 spacecraft, eliminating long-lead procurement and manufacturing roadblocks.  Other elements offered to Bootstrap™ partners include turn-key payloads, ground segments, mission planning & operations, launch, and even collaborative office or manufacturing space. 

Vince Deno, President of Millennium Space commented, "Bootstrap™ helps you launch your space business by radically lowering the barriers to entry, allowing Venture Capital or Angel backed entrepreneurs to bring new space-based services to market quickly. Commercial and Government space leaders are strongly advocating for privatized space services, and Bootstrap™ allows constellations to be delivered rapidly and affordably. We will deliver constellations in orbit for between $1M and $5M per satellite in under a year."  Dr. Jeffrey Ward, Vice President of Product Development added, "For missions demanding more power, volume and precision than CubeSats deliver, ALTAR™ is the ideal solution. We are ready with all of the proven technology, infrastructure, resources and facilities necessary to 'bootstrap' entrepreneurs and address emergent customer needs."