In 2022, SmallSpark received a £292,565.75 contract from the UK Ministry of Defence via its Defence and Security Accelerator to utilize its moore.AI technology to accelerate the time it takes to develop novel solid rocket motor configurations. SmallSpark is able to already begin delivering on its requirements ensuring some cash flow is coming in while it develops other products.
SmallSpark also announced its S4-SLV lunar transfer service in 2022. The service will utilize an orbital transfer vehicle to deliver small satellites to lunar orbit. The company hopes to bypass an already saturated Earth orbit OTV market by creating a road to the Moon for a market that does not yet exist. This is certainly a risk but if it’s successful, SmallSpark could find itself on the ground floor of a lucrative new market. The company expects to launch its first S4-SLV mission in 2024. The company also received £76,000 in UK Space Agency funding in 2022 that will be used to develop the NEWT-A2 propulsion systems that will be utilized aboard the S4-SLV vehicle.
During the last 12 months, SmallSpark was also accepted into the ESA Business Incubation Centre in the United Kingdom to accelerate the development of its suborbital Frost Micro launch vehicle. The maiden flight of Frost Micro is expected in 2023.
Web: https://www.smallspark.space/