Charter Space

Powering the future of Space Finance 🇺🇸

[Charter Space @charter_space_]

Space debris falling to Earth reminds us that space activity carries risks beyond orbit.

If it were a U.S. satellite, taxpayers would foot the bill.

As the space economy grows, space insurance is essential to protect companies and people on the ground.

https://t.co/rwHiAju8uB

[Yuk Chi Chan @AstroLawyer]

@ProjectOmegaHQ's radioisotope power systems are a game-changer for spacecraft reliability and risk management. Our new partnership with @staffsheehan and his team is an exciting step toward an interplanetary future.

We at @charter_space_ are proud to be working with some of the brightest minds in the world towards making space operations safer and more resilient, with a little bit of both nuclear and financial engineering.

And thank you to both @axios and @TomNovelly for covering this exciting story!

[Staff Sheehan @staffsheehan]

Spacecraft like Voyager 1 & 2 and rovers on Mars are still operating thanks to radioisotope power sources. We're bringing that same persistent power to the U.S. space industry at @ProjectOmegaHQ.

Check out our work with @charter_space_ and @TomNovelly in @axios on how we extend the mission for commercial spacecraft with nuclear power:
https://t.co/TjWq9n8Mbi

[Project Omega @ProjectOmegaHQ]

We're proud to partner with @Charter_Space_ to advance the future of space exploration through reliable, long-duration power.

Together, we're exploring how @ProjectOmegahq 's radioisotope power systems can make spacecraft more resilient, extend mission life, and reduce operational risks and costs.

From powering spacecraft for decades without sunlight or recharging to enabling independently powered spacecraft "black boxes" that support anomaly recovery, this partnership opens new possibilities for safer, more reliable space missions.

Reliable power is essential to unlocking the next frontier of space exploration.

Read more: https://t.co/mP8oZoFS2H

[Charter Space @charter_space_]

The future of space demands a new approach to insurance.

Founder & CEO Yuk Chi Chan tells @axios there's a "need to modernize the way that insurance is done in space, so that we can modernize the way that finance and capital can participate in space."

https://t.co/r7FLkbhXrt

[Charter Space @charter_space_]

Huge news!

We're joining forces with @ProjectOmegaHQ to explore how radioactive isotopes could keep satellites in orbit longer, insure billions in space assets, and prevent costly losses in space.

@axios' @TomNovelly has the latest.

https://t.co/r7FLkbivh1

[Thomas Novelly @TomNovelly]

Exclusive: Project Omega and Charter team up on space power https://t.co/VWupIWkA18

[Charter Space @charter_space_]

Big ideas. Bold innovation. American ingenuity. 🇺🇸

We’re helping power the future of space exploration by insuring what we can’t afford to lose.

[Charter Space @charter_space_]

The future of space is taking off, and so are we.

Thanks to @pulse2news' @amitchowdhry for highlighting our oversubscribed $5M seed round!

We're building the insurance infrastructure to help the growing space economy launch and innovate with confidence.

https://t.co/TH7Q0QapS7

[Charter Space @charter_space_]

📝 @astrolawyer writes in @rc_markets: “Space May Be the Answer to the Data Center Question.”

Space-based data centers could meet growing computing demands while powering the next era of space innovation.

https://t.co/DK7cS1v17A

[Charter Space @charter_space_]

Space-based data centers are more than a solution to Earth’s computing demands.

They’re powering the next generation of space innovation, from spacecraft autonomy to lunar cloud computing.
https://t.co/36ZToclLp2

[Charter Space @charter_space_]

There’s never been a more exciting time to look to the stars.

Here at Charter, we are helping push American innovation forward and shape the future of space.

[Charter Space @charter_space_]

American innovation is reaching new heights.

Charter is proud to be part of the next chapter in America’s incredible story in space.

[Charter Space @charter_space_]

The next generation of American leadership is being built in space.

At Charter, we’re helping expand our nation’s capabilities, strengthen our security, and keep America at the forefront of innovation.

[Charter Space @charter_space_]

🧵@JHFCrystal: “Charter Space sits at the intersection of two enormous opportunities: the rapid growth of the commercial space economy and the need for a modern approach to understanding and insuring the increasingly complex risks that accompany that growth."

[Charter Space @charter_space_]

🧵 @AstroLawyer: "As we launch more hardware into orbit and beyond to supply our growing reliance on space-based services, we need a strong, competitive insurance market that gives American innovators the confidence to take risks, grow, and lead."

[Charter Space @charter_space_]

Today, we announce the close of our $5 million seed round, bringing our total funding to $8 million.🔥

As demand for space insurance grows, Charter is proud to help American innovators take bold risks, scale faster, and keep America at the forefront of the global space industry.

[Charter Space @charter_space_]

🧵@FLOIR_comm: "The state that leads on insurance will be the destination for capital investing in the industries of the future, and lay the foundation for continued American greatness for the next 250 years and beyond."

[Charter Space @charter_space_]

🗞️ @Douglas__Gorman writes: “Before Charter came along, insuring spacecraft was a long and expensive undertaking…”

This investment is about attracting more capital to the market and building the infrastructure needed to secure the future of America’s space economy.

[Payload 🚀 @payloadspace]

CA-based @charter_space_ is working to increase access to insurance products for companies developing new missions in space, and yesterday it announced a $5M seed round to accelerate its market traction.

The company launched its own insurance brokerage—The Charter Interplanetary Risk Corporation—earlier this year, and already the numbers are looking strong:

🛰️ CIRC has helped insure 50+ companies across the US space and defense ecosystem.

🤑 The company also has a backlog of more than $35M in gross written premiums.

Payload reporter @Douglas__Gorman dove into the details of what Charter plans to do with the new capital. Link below.

[Payload 🚀 @payloadspace]

CA-based @charter_space_ is working to increase access to insurance products for companies developing new missions in space, and yesterday it announced a $5M seed round to accelerate its market traction.

The company launched its own insurance brokerage—The Charter Interplanetary Risk Corporation—earlier this year, and already the numbers are looking strong:

🛰️ CIRC has helped insure 50+ companies across the US space and defense ecosystem.

🤑 The company also has a backlog of more than $35M in gross written premiums.

Payload reporter @Douglas__Gorman dove into the details of what Charter plans to do with the new capital. Link below.