Universal Transport Systems LLC

Pioneering Spaceflight with Near Single-Stage-to-Orbit Craft, Redefining Safety and Affordability

General Information
Company Name
Universal Transport Systems LLC
Founded Year
2007
Location (Offices)
+1
Founders / Decision Makers
Number of Employees
-
Industries
Space
Funding Stage
Non Equity Assistance
Social Media

Universal Transport Systems LLC - Company Profile

UNIVERSAL TRANSPORT SYSTEMS LLC is a pioneering spaceflight company with a mission to make human spaceflight more accessible and practical. Their innovative near single-stage-to-orbit spacecraft, which has a slogan of Pioneering Spaceflight with Near Single-Stage-to-Orbit Craft, Redefining Safety and Affordability, operates like a light airplane and requires only a small team for launch. Their unique solid propellant rocket engine is throttleable, stoppable, and capable of in-flight restarts, and they utilize a pressure-stabilized "inflatable" vehicle design. These technologies lead to high propellant mass fractions, enhancing safety and reducing launch costs. Their business model primarily focuses on propellant sales, ensuring a steady stream of repeat revenue. Founded in 2007, Universal Transport Systems LLC has made significant progress from initial concept to prototyping, with an operational engine system, two full-scale vehicles undergoing testing, and a range of patentable and patented technologies. The company has secured investment from Creative Destruction Lab, signaling confidence in their endeavors. They have also qualified to compete in the DARPA Launch Challenge, aiming to secure an initial $400K for development with the potential to earn up to $12M upon achieving their orbital launch targets. With all these developments, Universal Transport Systems LLC is poised to disrupt the spaceflight industry.

Taxonomy: spaceflight, rocket technology, propellant, single-stage-to-orbit, aerospace engineering, innovation, DARPA, patented technology, reusable spacecraft, launch systems, commercial space travel, engineering, technology startups

Funding Rounds & Investors of Universal Transport Systems LLC (1)

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Funding Stage Amount No. Investors Investors Date
Non Equity Assistance Unknown 1 10 Jun 2019

Latest News of Universal Transport Systems LLC

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