There's a sliver of space -- 200 to 300 km up -- that's been empty for sixty years. Not because nobody wanted it, but because nothing could survive there.
The closer a satellite flies to Earth, the more it can do and the less it costs. The catch is atmospheric drag: strong enough at this altitude to pull satellites back to Earth within weeks, and corrode them on the way down.
@NewOrbitSpace is building a satellite that handles both. NEO-1 has its own engine to fight the drag, materials that survive the chemistry, and a design built to stay up for five years. That unlocks high-resolution images from space at roughly 20x lower cost, 5G straight to a phone without rooftop antennas, and live HD video from orbit -- things that simply aren't possible from where satellites fly today.
We're proud to lead NewOrbit's $18.5M Series A and back the UK-based team.