MUNICH / LONDON (IT BOLTWISE) – Starlab Space has received a significant investment from Janus Henderson Group to advance the development of its commercial space station. This investment marks a critical step in the first phase of NASA’s Commercial Low Earth Orbit Destinations program, supporting the transition from the International Space Station to commercial successors.
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Janus Henderson Group’s investment in Starlab Space underscores the growing interest in commercial space stations that will serve as successors to the International Space Station (ISS). Starlab Space, a joint venture led by Voyager Technologies, aims to develop a cost-effective and efficiently designed space station that meets the needs of NASA and international space agencies.
Janus Henderson, a London-based asset management firm, has decided to invest in Starlab Space to support the development of the space station. Although the exact amount of the investment was not disclosed, this investment signals confidence in Starlab’s business model and technical direction. Jonathan Coleman, portfolio manager at Janus Henderson, emphasized the belief that Starlab offers the best design and most compelling business strategy among its competitors.
Starlab is part of NASA’s Commercial Low Earth Orbit Destinations (CLD) program, which aims to ease the transition from the ISS to commercial space stations. The participation of companies such as Airbus Defense and Space, Mitsubishi and MDA Space shows the broad interest and support from industry. These partnerships are critical to the development and success of Starlab.
The development of the space station is progressing, with Leidos as a partner for the assembly, integration and testing of the station. The selection of Vivace to build the primary structure highlights the progress Starlab is making toward realizing their vision. Starlab Space CEO Marshall Smith announced that the station’s critical design review is scheduled to begin in December, with a significant portion of payload capacity already reserved.
However, NASA’s future strategy within the CLD program remains a source of uncertainty. The decision to move away from a continuous human presence in space and instead rely on shorter missions could have an impact on the type of work that can be carried out on commercial stations. This change could impact the supply chain for services such as freight transportation, which could pose a challenge for the market.
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