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Viridian Space develops air-breathing electric propulsion systems, utilizing its Air-Scooping Electric Thruster (ASET) technology. This enables sustained satellite operations in Very Low Earth Orbit (VLEO) by harvesting atmospheric particles for continuous propulsion. Their method eliminates traditional chemical propellants, extending mission lifespans and reducing costs for VLEO satellite sustainment.
Established in 2021 in Culver City, California, Viridian Space emerged from the insight that VLEO offered strategic advantages if propulsion overcame atmospheric drag. Founders recognized the potential to transform residual atmosphere into a valuable propellant resource. This foundational idea seeks to unlock efficient paradigms for satellite deployment.
Key users of Viridian Space's VLEO propulsion technology include governmental and defense organizations, such as the US Air Force. Company's vision focuses on fostering a sustainable, accessible space environment. By facilitating prolonged, cost-effective VLEO missions, Viridian Space aims to advance Earth observation, secure communications, and national security, promoting responsible orbital stewardship.
Viridian Space has raised $520K across 1 funding round.
Viridian Space has raised $520K in total across 1 funding round.
Viridian Space has raised $520K in total across 1 funding round.
Viridian Space's investors include Crosslink Capital, E14 Fund, Gaingels, Northpond Ventures.
Viridian Space Corporation develops Air-Breathing Electric Propulsion (ABEP) systems, also called Air-Scooping Electric Thruster (ASET), enabling satellites to operate in Very Low Earth Orbit (VLEO) at 200-300 km by scooping atmospheric gas for propellant instead of carrying fuel[1][2][4][5]. This solves the drag challenge in VLEO, serving Earth Observation (EO), communication payloads, and satellite operators needing sustained low-orbit flight, superior image resolution, and broadband quality without frequent refueling or deorbiting[1][2][4]. The company has raised $2M in convertible note funding, participated in accelerators like Generation Space, and secured SBIR Phase I grants from NSF and DoD for prototype development and system analysis[1][2][3].
Early traction includes a demonstrated air-scoop prototype, oxygen-compatible Hall thruster, and a patent-pending turbomolecular air-scoop, positioning Viridian for growth in sustainable space tech amid rising satellite constellations[1][2][3][4].
Founded in 2021 in California (El Segundo/Culver City area), Viridian emerged from founders Rostislav Spektor and Matthew Feldman, both Princeton PhD alumni with deep expertise in plasma propulsion[1][3]. Spektor managed the Electric Propulsion Lab at The Aerospace Corporation for 17 years after his PhD; Feldman specializes in advanced plasma physics and numerical modeling[1]. The idea builds on 1960s concepts for VLEO propulsion, revived by their prototypes addressing prior failures in air ingestion and oxygen-resistant thrusters[2][4]. Pivotal early moments include SBIR-funded Phase I in 2024 for parametric analysis comparing ABEP to xenon systems, plus accelerator participation and $2M from VU Venture Partners and Venture University[1][2][3].
Viridian rides the VLEO trend in the proliferating "new space economy," where denser satellite constellations demand higher-resolution EO (e.g., sub-meter imagery) and low-latency broadband, unfeasible in higher orbits due to atmospheric distortion[2][4]. Timing aligns with mega-constellations like Starlink and rising debris concerns; ABEP counters market forces like propellant scarcity and launch costs by enabling "propellantless" ops, cutting lifetime expenses, and supporting sustainability via easier deorbiting[1][2][4]. It influences the ecosystem by partnering with platforms for propulsion upgrades, accelerating VLEO adoption for DoD (AFRL/SSC customers), commercial EO/comms, and cleanup missions[2][4].
Viridian's ABEP could redefine satellite longevity and accessibility, with near-term milestones like full RF cathode integration, Phase II SBIR prototypes, and commercial deals for ASET systems[2][4]. Trends like AI-driven EO, 5G/6G satcom, and orbital sustainability will propel it, potentially expanding to inter-satellite refueling amid 100,000+ planned launches. Influence may grow via DoD contracts and accelerators, evolving from stealth startup to VLEO enabler—supercharging sustainable access to "the edge of space" as pioneered since the 1960s[1][3][4].
Viridian Space has raised $520K across 1 funding round. Most recently, it raised $520K Seed in November 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2025 | $520K Seed | Crosslink Capital, E14 Fund, Gaingels, Northpond Ventures |