DEMAND FOR RESOURCES
Before we put humans back on the moon, there is one major obstacle to overcome. Any rocket that is moon-bound has to carry enough hydrogen and oxygen-based fuel to get the astronauts there and all the way back to earth which severely limits its capacity for other equipment. If only there was a way to refuel on its surface so we just have to carry the fuel to get there.
We are actually in luck as this solution already exists and it's called Lunar Ice. By the virtue of being H2O, lunar ice can be split up into hydrogen and oxygen which could be used to refuel these rockets. We are actually in luck as this solution already exists and it's called Lunar Ice. By the virtue of being H2O, lunar ice can be split up into hydrogen and oxygen which could be used to refuel these rockets. We are actually in luck as this solution already exists and it's called Lunar Ice. By the virtue of being H2O, lunar ice can be split up into hydrogen and oxygen which could be used to refuel these rockets
MINING ON THE MOON???
If successfully executed, a lunar economy opens the door to a world of opportunities, everything stretching from resource acquisition to space travel. A clear indicator that this is the forthcoming future is the avid interest of the international community and all international space agencies on the moon. By comparison, in the past 17 years, there have only been 20 missions to the moon. Today, while the results of those missions continue to reveal intriguing truths about the composition of the Lunar regolith and offer potential uses, they've inspired a fleet of new missions aimed at reclaiming the moon, with about 30 scheduled within the next 5 years. That is a 510 percent bump in numbers. To read in-depth on this topic, consider reading our white paper on why Lunar mining is the new big thing in space tech.
With the discovery of Lunar Ice and the decreasing rocket launch costs paired together, there is a massive opportunity for Automated Robotics systems to mine it and other valuable resources like oxygen, which is about 50% of the lunar composition and which makes up for about 70% of the needed fuel for Starship.
There is a significant problem in that current space robotics systems are manufactured by monopolistic, bureaucratic, inefficient companies as they typically only build one project at a time and often are funded by government contracts that lack both cost efficiency and scalability.
Democratization of space begins when small teams like Ararat Robotics enter the market. With enough time and resources, small to medium-scale companies offer healthy competition to drive innovation, driving industry-wide efficiency while tapping into a pool of young talent of millennials, gen-Z, and current university students.
Over the past decade, the need for automation has increased as demand for various resources ranging from energy sources to raw materials. These trends have created perfect conditions for a newly emerging market of space resource mining. The market is currently occupied by promises and existing space technology R&D companies. In 2019 the Space Market, including all the various aspects of space like satellites, transport vehicles, and research, was valued at roughly 423.5 billion dollars. The space robotics market in 2020 was valued at 3.2 billion and is expected to grow to upwards of 5.2 billion by 2026 when we envision launching full-scale missions to extraterrestrial bodies. Lastly, the space resource mining market, in particular, is predicted to grow up to 3 billion USD, according to very conservative estimations. While the space mining industry is expansive, it will soon become one of the most pressing subjects for generations to come. It is also clear that with the growing demand, technological breakthroughs would allow for more cost-effective technology, reducing the cost per volume of technology output, and bringing us ever so close to the realization of our mission at an increasingly faster pace.
Space Market in 2019
Space Robotics in 2020, expected to grow to 5.2 Billion by 2026
Estimated Space Mining Market by 2026
COMPETITORS = PARTNERS
Competition is the driving force that pushes humanity toward invention far enough to put a man in space and then a man onto the moon, feats that once seemed impossible. Though there is a need for competition, we prioritize unified action for the common good of all people. Year after year, climate change poses an ever-increasing threat to the survival of humankind. While unpleasant, it forces a clear objective that builds on the principles of evolution, we must evolve or perish, and naturally, the only choice is a collective effort to mitigate an existential threat to all of humanity. To read more about our partnership strategy, read this article.
HOW WE ARE DOING IT
We offer a modular chassis with various attachments tailored for a variety of different missions, everything from mining to imaging and building.
We design and propose the mission concept to our clients with the help of our partners. The proposal responds directly to the customer's solicitation.
For customers with specific needs, we offer customization of our modular platform. Our R&D team will work directly with the client to offer an optimal solution.
Starta VC was one of the first partners that saw promise in our work. Given the nature of a startup accelerator that focuses on early seed fundraising and repositioning of non-US-based startups for the US consumer base, our main takeaway from participation was exposure. With an understanding of how the VC world operates, we continue the stride forward with a clearer picture of where we are going and our positioning for investors. You can find out more about our experience at Starta VC here.
Members of AESA (Armenian scientists and Engineers of America) became increasingly interested in our work at the end of May 2021. While Ararat Robotics became increasingly popular amongst a sizeable diasporan community, it was clear from the initiation of our partnership that everyone has a reason to be a part of Ararat Robotics. For AESA, the Ararat I cube satellite was it, as it represents the capabilities of Armenian youth. The project was brewing under the wing of Aram Ter-Martirosyan, the VP of AESA, which created ideal circumstances to seize the opportunity. At this time, we are collaborating with members of AESA on the development of the first-ever cube satellite to be built by Armenian students for the Armenian Engineers & Scientists of America in Armenia. But our partnership does not stop there. As we develop our platform, Ararat Robotics will continue supporting diasporas around the globe to fulfill our mission. You can learn more about Ararat I here.
WHAT WE NEED
We are currently developing a board of advisors and mentors. If this is an opportunity is of interest, please use the contact us button to book a meeting to discuss potential involvement.